Lake Winn increases, extends private placement

Mr. Patrick Power reports LAKE WINN ANNOUNCES UPSIZING AND EXTENSION OF PRIVATE PLACEMENT OF UNITS Lake Winn Resources Corp., in response to strong investor demand, has upsized its previously announced non-brokered private placement of units at a price of 5.5 cents per unit, originally announced on Dec. 8, 2025. The company has applied to the TSX Venture Exchange and has received approval for the upsized offering, which has been increased by $250,000, raising the maximum aggregate proceeds from $400,000 to up to $650,000. The upsized offering will now consist of up to 11,818,181 units at a price of 5.5 cents per unit. The company has also applied to the TSX Venture Exchange and has received approval for an extension of its price protection and deadline to close the upsized offering to Jan. 27, 2026. Each unit will consist of one common share in the capital of the company and one share purchase warrant. Each warrant will be exercisable to purchase an additional share at an exercise price of eight cents per warrant share for a period of 24 months after the date of issuance. The first tranche closing of the private placement occurred on Dec. 10, 2025, and consisted of 1,222,728 units for aggregate gross proceeds of $67,250.04. The company intends to use the net proceeds from the upsized offering for exploration expenditures related to the company's Little Nahanni project, as well as general working capital and administrative expenses. About Lake Winn Resources Corp. Lake Winn Resources is a mineral exploration company focused on advancing the 100-per-cent-owned Little Nahanni pegmatite project, located in the Northwest Territories near the Yukon border. The project covers 9,682.5 hectares, including a major portion of a 13-kilometre-long-and-up-to-500-metre-wide, lithium, cesium and tantalum pegmatite dike swarm. The project has had historical drilling and channel sampling that confirm significant lithium, tantalum, cesium and tin. We seek Safe Harbor.