Loyalist Exploration Limited Exercises Option to Acquire 100% Interest in Gold Rush Property

Toronto, Ontario — June 9, 2026 — Leads & Copy — Loyalist Exploration Limited (CSE: PNGC) has exercised its option to acquire a 100% interest in the Gold Rush property, located approximately 30 kilometres west of Timmins, Ontario. The property consists of 41 contiguous mineral claims and is situated within the Timmins Gold Camp.

The acquisition was made pursuant to an option agreement originally dated March 31, 2025, with amendments on October 9, 2025, and April 7, 2026. To exercise the option, Loyalist Exploration Limited paid the prospector an aggregate of 8,000,000 common shares of the Company and $50,000 in cash. The completion of the option exercise is pending receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.

Loyalist Exploration Limited is a mineral exploration company focused on acquiring, exploring, and developing quality mineral properties in Canada. The Company's current strategy, referred to as the “Buy Timmins” strategy, involves acquisitions within the Timmins, Ontario mining district. Recent acquisitions include the Tully gold property, the Loveland nickel/copper/gold property, the Gold Rush gold/silver property, and the DeSantis gold property.

Source: Loyalist Exploration Limited