Mr. Steve Smith reports

AUSTON CAPITAL CORP. PROVIDES UPDATE

Following a resumption review and the termination of Auston Capital Corp.'s previously announced transaction with Eastport Ventures Inc. (see press release dated Oct. 4, 2024), the common shares of Auston Capital will resume trading on the TSX Venture Exchange shortly.

Additionally, the company announces that its previously announced private placement (see press release dated Aug. 28, 2025) will be reviewed following resumption of trading, which may result in the repricing of the common shares. The company will provide a further update regarding the private placement in due course. The placement is subject to the acceptance of the TSX-V. Finders' fees may be payable in accordance with the policies of the TSX-V. The proceeds of the placement are intended to be used for working capital purposes and for expenses related to identifying and evaluating a proposed qualifying transaction for the company.

About Auston Capital Corp.

Auston is a capital pool company (CPC) pursuant to Policy 2.4 of the TSX Venture Exchange. The company has not commenced commercial operations and has no assets other than cash. Auston's primary objective is to identify and evaluate businesses or assets with the intention of completing a qualifying transaction. Any proposed qualifying transaction is subject to exchange approval and, if applicable, the approval of minority shareholders.

We seek Safe Harbor.