Scotch Creek closes $130,000 first tranche of financing

Mr. David Ryan reports SCOTCH CREEK VENTURES ANNOUNCES PRIVATE PLACEMENT Scotch Creek Ventures Inc. has closed the first tranche of its private placement financing announced Feb. 13, 2026, by issuing 2.6 million units at five cents per unit for gross proceeds of $130,000. Each unit consists of one common share in the capital of the company and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional share of the company at an exercise price of 7.5 cents per share for a period of 24 months from the date of issuance. Due to the spring break holiday, the company is extending the closing date of the final tranche to April 15, 2026. The net proceeds of the offering are intended to be used for retiring indebtedness and working capital purposes. About Scotch Creek Ventures Inc. Scotch Creek is a mineral exploration company, focused on the acquisition, exploration and development of lithium projects located in Tier 1 North American mining jurisdictions. Scotch Creek's mission is to become a best-in-class lithium exploration company situated in one of the most promising lithium districts in the world: Clayton Valley, Nevada. We seek Safe Harbor.