Mr. Pascal Hamelin reports

ABCOURT REPORTS ITS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED JUNE 30, 2026

Abcourt Mines Inc. has released its results for the fourth quarter and year ended June 30, 2026. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. Financial statements and management discussion and analysis are available on SEDAR+.

Highlights:

• Beginning of the development phase at Sleeping Giant property;
• Conclusion of a financing agreement with the company's partner Glencore AG during the fiscal year;
• An increase in working capital for the fiscal year ended June 30, 2026, resulting in working capital of $7,512,813, compared with working capital of $2,952,725 as of June 30, 2025.

Pascal Hamelin, president and chief executive officer, said: "Fiscal year 2026 was a significant year in terms of achievements at the Sleeping Giant property. Following the financing completed with Nebari on July 3, 2025, the Sleeping Giant property has moved into development mode. With preparations for production having begun in August, 2025, the company is gradually continuing the development of the property."

About Abcourt Mines Inc.

Abcourt Mines is a Canadian gold company developing the Sleeping Giant mine and in exploration for its other properties strategically located in northwestern Quebec, Canada. Abcourt owns the 100-per-cent-owned Sleeping Giant mine and mill and the Flordin exploration property, where it focuses its operations.

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