Mr. Matti Talikka reports

AURION OBTAINS INTERIM ORDER FOR PLAN OF ARRANGEMENT AND PROVIDES DETAILS OF SPECIAL MEETING

Further to its news release disseminated on April 20, 2026, Aurion Resources Ltd. has obtained an interim order of the Supreme Court of British Columbia in connection with the proposed arrangement involving Aurion and Agnico Eagle Mines Ltd. to be implemented pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia).

The interim order provides for the holding of a special meeting of the holders of common shares of Aurion and holders of warrants of Aurion to consider and vote on a special resolution approving the arrangement. The special meeting will be held in a virtual-only format on Friday, June 5, 2026, at 12:30 p.m. Toronto time by live audio webcast on-line. The board of directors of Aurion has fixed the close of business on May 6, 2026, as the record date for determining shareholders and warrantholders entitled to receive notice of and vote at the special meeting.

Meeting materials

In connection with the special meeting, Aurion will be mailing a notice of meeting, a management information circular, forms of proxy, letters of transmittal and related meeting materials to shareholders and warrantholders. Shareholders and warrantholders are urged to carefully review all meeting materials as they contain important information concerning the arrangement and the rights and entitlements of the shareholders and warrantholders in relation thereto. The meeting materials will also be available on SEDAR+ under Aurion's issuer profile on SEDAR+ and on Aurion's website.

Final order and completion date

The terms of the arrangement are summarized in the prior release and full details of the arrangement will be set out in the circular. The application for the final order of the court approving the arrangement is currently expected to take place on or about June 10, 2026. Subject to receipt of the final order, the required approvals from the shareholders and warrantholders at the special meeting, the final approval from the TSX Venture Exchange and the satisfaction or waiver of certain other conditions to closing of the arrangement as set out in the arrangement agreement dated April 17, 2026, between Aurion and Agnico, the arrangement is anticipated to be completed in the third quarter of 2026.

Voting requirements

In order to become effective, the arrangement resolution must be approved by an affirmative vote of at least: (i) two-thirds (66-2/3rds per cent) of the votes cast on the arrangement resolution by shareholders, voting as a single class with one vote for each Aurion share held; (ii) at least two-thirds (66-2/3rds per cent) of the votes cast on the arrangement resolution by shareholders and warrantholders, voting as a single class with one vote for each Aurion share and Aurion warrant held; and (iii) a simple majority of the votes cast on the arrangement resolution by the shareholders, excluding any votes cast in respect of any Aurion shares by any person required to be excluded in accordance with Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, as will be further described in the circular.

To be valid, proxies must be received by Computershare Trust Company of Canada no later than 12:30 p.m. Toronto time on Wednesday, June 3, 2026. Non-registered shareholders that hold Aurion shares through a broker, bank, custodian or other intermediary should carefully follow the instructions provided by their intermediary to ensure that their Aurion shares are voted at the special meeting in accordance with their voting instructions. A non-registered shareholder's voting instructions must be received in sufficient time to allow them to be forwarded by the non-registered shareholder's intermediary to Computershare before 12:30 p.m. Toronto time on Wednesday, June 3, 2026.

The board (with an interested director having recused himself due to his interest in the arrangement) has unanimously determined that the arrangement is fair and reasonable to the shareholders and warrantholders and in the best interests of Aurion. The board recommends that the shareholders and warrantholders vote for the arrangement resolution.

Shareholder questions and assistance

If you have any questions or require more information with regard to the procedures for voting or completing your transmittal documentation, please contact Aurion's proxy solicitation agent and securityholder communications adviser, Laurel Hill Advisory Group, by calling toll-free in North America at 1-877-452-7184 or outside of North America or by text message at 416-304-0211 or by e-mail at assistance@laurelhill.com.

About Aurion Resources Ltd.

Aurion is a Canadian exploration company listed on the TSX Venture Exchange and the OTCQX Best Market. Aurion's strategy is to generate or acquire early-stage precious metals exploration opportunities and advance them through direct exploration by its experienced team or by business partnerships and joint venture arrangements. Aurion's current focus is exploring on its Risti project as well as advancing its joint venture properties with B2Gold Corp., Kinross Gold Corp. and KoBold Metals Company in Finland.

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