Mr. John O'Donnell reports

AFR NUVENTURE RESOURCES INC. ANNOUNCES TRADING REINSTATEMENT AND NON-BROKERED $125,000 PRIVATE PLACEMENT

Effective at the opening on Tuesday, Jan. 27, 2026, trading will be reinstated in the securities of AFR Nuventure Resources Inc.

Further to the company's press release dated Jan. 23, 2026, the company also announces that, as part of the reinstatement process, it is initially intending to offer for sale, on a non-brokered private placement basis, initially 8,333,334 units of the company consisting of shares of the company at a price of 1.5 cents per unit for aggregate gross proceeds of $125,000. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one additional common share in the capital of the company at an exercise price of five cents per warrant share for a period of five years after the closing of the offering.

The offering is subject to the receipt of all necessary approvals, including approval of the TSX Venture Exchange, as well as the satisfaction of other customary closing conditions. The proceeds derived from the sale of the shares will be expended to pay the costs of a preliminary exploration programs on one or both of the company's projects as follows:

• Mary Ann's Lake copper/silver project -- $70,000;
• Massey nickel/copper project -- $25,000;
• Working capital: general administrative expenses and working capital -- $30,000.

A portion of the offering may be allocated to investors relying on the existing securityholder, accredited investor or other exemptions available to AFR under National Instrument 45-106, Prospectus Exemptions.

If a new control person is created as a result of this offering, shareholder approval may be required; however, no new control person is expected to be created.

Certain insiders (as such term is defined under the policies of the TSX-V) of the company may participate in the offering. Any participation of insiders in the offering will constitute a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a) and 5.7(a) of MI 61-101 on the basis that participation in the offering by insiders will not exceed 25 per cent of the fair market value of the company's market capitalization.

All securities issued in connection with the offering will be subject to a hold period, which expires four months and one day after the date the securities are issued.

We seek Safe Harbor.