File: '\\swfile\EmailIn\20250727 222903 Attachment ACR2025.07.28_private placement units.docx'

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AUSCAN RESOURCES INC.

#1305 - 1090 West Georgia Street | Vancouver, BC V6E 3V7 | T: 604-685-9316 | F: 604-683-1585 | TSX-V: ACR.H

Auscan Resources Announces Financing

VANCOUVER, BRITISH COLUMBIA - (July 28th , 2025) - Auscan Resources Inc. (the "Company" or "Auscan") (TSX-V: ACR.H) announces that further to a price reservation filed on July 14, 2025, it has arranged a non-brokered private placement financing of up to 1,500,000 units (each a "Unit") at $0.15 per Unit to raise up to $225,000. Each Unit will comprise one common share (a "Share") and one-half of a common share purchase warrant, with each whole warrant (a "Warrant") entitling the holder to purchase an additional share for a period of two years at a price of $0.20.

Insiders will be participating in this financing, and proceeds will be used for working capital purposes. The financing is subject to acceptance of filings with the TSX Venture Exchange.

On behalf of the Board,

Nick DeMare, Director

Tel: 604 685 9316

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