VANCOUVER, British Columbia – TheNewswire - July 14, 2025 – On July 11, 2025, Clariden Capital Ltd., a company controlled by Mr. J. Campbell Smyth (the “Acquiror”), acquired 1,400,000 common shares (“Shares”) of the Prisma Exploration Inc. (the “Company”) at a purchase price of $0.15 per Share for total consideration of $210,000 via an open-market transaction on the facilities of the Canadian Securities Exchange (the “Transaction”).

The Acquiror is filing this report pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues as the Acquiror’s ownership over the Shares will constitute 10% or more of the issued and outstanding Shares on an undiluted and partially-diluted basis.

Immediately prior to the Transaction, the Acquiror did not beneficially own or have control and direction over any securities of the Company.

Immediately after the Transaction, the Acquiror beneficially owns, or has control and direction over, 1,400,000 Shares, representing approximately 19.55% of the issued and outstanding Shares on an undiluted and partially diluted basis, based upon 7,160,901 Shares outstanding upon completion of the Transaction.

The Shares were acquired by the Acquiror for investment purposes only, and in the future, the Acquiror may acquire additional securities of the Company, dispose of some or all of the existing securities it holds or will hold, or may continue to hold its current position, depending on market conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report filed by the Acquiror in connection with the Transaction will be available under the Company's profile on the SEDAR+ website.