Mr. Michael Slater reports

APPLIED GRAPHITE CHANGES NAME TO BULLFROG GOLD AND APPOINTS VP EXPLORATION

Applied Graphite Technologies Corp. has completed an amalgamation with its wholly owned subsidiary and changed its name to Bullfrog Gold Corp. The name change and trading symbol change from AGT to FROG, along with the new ISIN (international securities identification number) CA12022T1057 and Cusip number 12022T105, will all take effect at market open on the TSX Venture Exchange on June 2, 2026.

The company has appointed Daniel MacNeil, MSc, PGeo, as vice-president, exploration, effective June 1, 2026. Mr. MacNeil is an economic geologist with extensive experience in gold exploration in Nevada. His expertise includes project evaluation, target and opportunity identification, exploration strategy, district entry strategy, business development, strategic evaluation of geologic terranes and execution of target testing. Mr. MacNeil is the founder of Vector Geological Solutions. Mr. MacNeil joined the company with the Bullfrog acquisition. He originally staked the South Bullfrog project and has supervised all exploration to date.

Applied Graphite Technologies has engaged the services of Northern Venture Group (NVG) to begin effective June 15, 2026, to provide marketing, research and advice. NVG will be paid a monthly fee of $3,000, plus applicable taxes. The agreement is for six months and may be renewed by either the company or NVG for subsequent one-month terms.

NVG and its principal, Richard Mills, are arm's length to the company and, at the time the agreement was executed, hold no common shares or warrants of Applied Graphite Technologies. No securities or other share-based incentives of the company are being granted to NVG under the terms of the agreement. NVG has committed to comply with all applicable securities laws and the policies of the TSX-V in providing the services. The NVG agreement remains subject to approval of the TSX-V. NVG is an independent commodities newsletter and research platform located in Prince George, B.C. NVG provides investors with in-depth commentary, analysis and opinion on resource companies and macro trends for informational purposes only.

About Applied Graphite Technologies Corp.

The company is exploring the South Bullfrog gold project in Beatty, Nev., and permitting the Queens mine complex brownfield vein graphite mine in Sri Lanka. The South Bullfrog project is located in the heart of the Beatty gold district between AngloGold's North Bullfrog and Arthur development projects. South Bullfrog has a similar signature to AngloGold's discoveries and is drill ready and permitted.

We seek Safe Harbor.