Vancouver, British Columbia – TheNewswire - August 24, 2026 – Grafton Resources Inc. (CSE:GFT; OTCQB: GFTFF; FSE: K8L0) ("Grafton Resources" or the "Company") is pleased to announce a non-brokered private placement to raise gross proceeds to the Company of up to $2,000,000 (the “Offering”) by the issuance of up to 4,000,000 units (each, a “Unit”) of the Company at a purchase price of $0.50 per Unit. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one common share (a “Warrant Share”) of the Company at a purchase price of $0.90 per Warrant Share for a period of two years from the closing date of the Offering.

The proceeds of the Offering will be used for general working capital purposes. The Company may pay finder’s fees to eligible arm’s length finders who locate investors to participate in the Offering. The Offering is subject to the acceptance of the Canadian Securities Exchange. The securities issued pursuant to the Offering will be subject to a four-month hold period in accordance with applicable securities laws and the rules of the Exchange.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction

About Grafton Resources

Grafton Resources is a Canadian exploration company listed on the Canadian Securities Exchange (CSE), focused on the discovery and development of copper and gold assets in the Americas. The Company is committed to responsible exploration, strong community partnerships, and generating shareholder value through disciplined project advancement.

On behalf of Grafton Resources.

Campbell Smyth
Chairman

For further information, please contact:

Campbell Smyth
csmyth@graftonresources.com
+61403203402

Neither Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking statements, including statements regarding the Offering; the Company’s ability to complete the Offering and receive acceptance from the Exchange to the completion of the Offering; and the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the Company does not complete all or any part of the Offering; the Company does not receive regulatory acceptance to the Offering and general economic conditions. Accordingly the actual events may differ martially from those projected in the forward-looking statements. The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf, unless otherwise required pursuant to applicable laws.