Mr. Johan Lambrechts reports

AURBIS ANNOUNCES EXISTING WARRANT REPRICING AND DARKSTAR CAPITAL LLC INVESTOR AWARENESS AGREEMENT

Aurbis Resources Corp. is repricing one million existing 22.5-cent Aurbis warrants issued in November, 2024, to a new 16-cent exercise price and has entered into a marketing agreement intended to support investor awareness and communications initiatives.

Key highlights:

• Aurbis is repricing one million warrants from 22.5 cents to 16 cents to help finance the inaugural drilling campaign on the Ecru gold project.
• Aurbis enters into an outreach and distribution agreement with Darkstar Capital to build investor awareness as Aurbis prepares for its inaugural drilling program.
• Orogen Royalty has been issued 813,186 shares in Aurbis, signifying the six-month milestone of the Ecru gold project's acquisition agreement.
• Darkstar will assist in raising investor awareness as Aurbis prepares for the upcoming financing and drilling on the Ecru gold project.

"Aurbis is excited by the targets we've generated on the Ecru gold project and eagerly anticipates the commencement of the first drilling program on this fantastic project.

"We welcome Darkstart to our team and look forward to sharing Ecru's prospectivity with the network of investors in their portfolio. Orogen Royalties have been valuable partners and shareholders, and we look forward to exploring the value presented by Ecru with all our investors," stated Johan Lambrechts, chief executive officer.

On Nov. 13, 2024, the company completed a private placement pursuant to which it issued one million units, each consisting of one common share and one common share purchase warrant. The warrants are currently exercisable at 22.5 cents until Nov. 13, 2026.

In connection with the repricing of the warrants to 16 cents, the company will issue one additional common share purchase warrant for each warrant exercised at the amended exercise price. Each additional warrant will entitle the holder to acquire one common share at an exercise price of 22.5 cents until Nov. 13, 2028, subject to an accelerated expiry provision. The additional warrants will be subject to an accelerated expiry provision, whereby, if the closing price of the company's common shares on the Canadian Securities Exchange is equal to or greater than 30 cents for 30 consecutive trading days, the company may accelerate the expiry date of the additional warrants to a date that is 30 days following the issuance of a news release announcing such acceleration.

Any funds raised from the exercise of the warrants will be used as part of the upcoming Ecru drill program.

The company confirms that the repricing of the warrants is permitted under the CSE policies since: (i) the warrants are not listed for trading; (ii) the exercise price is higher than the current market price; (iii) no warrants have been exercised in the last six months; and (iv) at least 10 trading days remain before expiry.

The company has entered into an investor outreach and distribution agreement dated Oct. 13, 2026, with Darkstar Capital LLC, an arm's-length service provider based in Toronto, Canada. Under the agreement, Darkstar will provide investor outreach, marketing and distribution support services to issuers and fund managers.

The Darkstar engagement is structured as a service package with compensation consisting of a one-time set-up fee of $2,500 and monthly service fees of $3,800 over a two-month commitment period, followed by a month-by-month agreement. No securities will be issued as compensation under the agreement. Izzy Shakfa, principal of Darkstar, does not currently own any securities of the company. Darkstar can be contacted at info@darkstarcapital.ca or 1-416-474-1405.

Aurbis has also issued 813,186 Aurbis shares to Orogen Royalties on the six-month milestone as part of the sales agreement with Orogen Royalties for the Ecru gold project.

Future activities

The next step in the exploration story of the Ecru gold project is to drill test the identified targets.

Aurbis has already begun preparing the documents for drilling approvals.

Drill contractors have also been contacted and the chosen contractor for the proposed 3,000-metre drill program planned for late November, 2026, will be announced as soon as all contracts are finalized.

Aurbis believes that Ecru also hosts Carlin-style gold potential, which will also be investigated further once our primary target has been initially tested.

Aurbis will focus on the Robertson-style intrusion-related gold targets in the short term, but the company's activities have identified the northern Nevada rift (NNR) as another exploration target. The NNR represents a series of high-grade gold mines along its strike length to the north and south of Ecru. Deposits associated with the NNR near Ecru include Mule Canyon, Fire Creek and Buckhorn. The NNR is buried (beneath cover material) in the northeast corner of the project and has never been explored. Aurbis will dedicate resources to this target once the first phase of drilling on the intrusion-related target has been completed.

Aurbis believes this is a robust exploration plan and gives the company the best likelihood of success for discovery on the Ecru gold project.

Aurbis looks forward to keeping its investors and followers informed of its progress.

Qualified person (QP)

Johan Lambrechts, QP, is the company's qualified person as defined by National Instrument 43-101, and has reviewed the scientific and technical information that forms the basis for portions of this news release. Mr. Lambrechts is a member of the Australian Institute of Geoscientists (No. 5900). He has approved the disclosure herein. Mr. Lambrechts is not independent of the company, as he is a director of the company.

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