Dios Exploration increases financing to $650,000

• Dios Exploration Inc. closed a second tranche of its non-brokered private placement on April 17, 2026.
• The company increased the total target size of the financing to $650,000 from an initial $500,000 target.
• Total proceeds raised across two closings amount to $508,000 as of April 17, 2026.
• Units were issued at $0.04 per unit, consisting of one flow-through common share and one-half warrant.
• Warrants allow subscription for one common share at $0.06 per share for two years from issuance.
• Proceeds are earmarked specifically for diamond drilling exploration at the Heberto-Gold discovery and extensions on the Au33 property in Quebec.
• Shares and warrants are subject to a restricted hold period of four months and one day, ending August 18, 2026.

• The financing is classified as Routine - Positive because it follows previously announced plans for exploration funding.
• The placement price of $0.04 aligns with the recent trading range ($0.03-$0.04), indicating no significant discount or premium to market value.
• Dilution risk exists due to the issuance of 12.7 million units and associated warrants, which will increase share count upon exercise at $0.06.
• The capital raise is necessary to fund the drilling program authorized in March 2026 (ATI authorization for 2,000m), ensuring operational continuity.
• No material discovery results are included in this release; the impact is limited to funding capability rather than geological validation.

• Dios Exploration Inc. is focused on gold exploration in the James Bay Eeyou Istchee region of Quebec.
• Flagship asset is the Au33 property, which hosts the Heberto-Gold discovery.
• The Heberto-Gold system spans a 5x8 km area with highly anomalous gold-in-outcrop, till, and soil values.
• Location is strategic: 50 km south of the Eleonore world-class gold mine and 20 km west of the Clearwater deposit.
• Project access is year-round via existing road infrastructure near the Eastmain-1 hydropower facilities.