Mr. Sandy MacDougall reports

MAVERICK PROVIDES CORPORATE UPDATE: JAMES BAY & RAINBOW CANYON ADVANCE STRATEGIC HOLDINGS IN NORAM, KINGMAN & NOA

CDN Maverick Capital Corp. has provided a corporate update on its development strategy, the advancement of its James Bay project in Quebec, and the company's broader financial and strategic position.

Sandy MacDougall, executive chairman of CDN Maverick, commented: "Maverick continues to successfully execute a project-generator approach to amassing and advancing highly prospective projects; utilizing them to create and maximize value for shareholders. James Bay is our clearest near-term catalyst; the project boasts historical sulphide intersections, recovered core, defined conductive targets, an independent technical road map, and we are drill ready.

"Our strategy extends well beyond this drill program. CDN Maverick continues to identify opportunities, validate them, advance the strongest ones, transact when it makes sense and retain exposure wherever possible."

James Bay land position

Over the past year, CDN Maverick has continued to build and refine an extensive Quebec land position in James Bay. The company's James Bay portfolio comprises 1,046 active claims covering approximately 56,947.85 hectares across the Nottaway, Chabinoche and Poncheville claim groups. Using current technical data and interpretations, the company made additional high-potential acquisitions, while intentionally lapsing low-priority claims to streamline the project and focus on the areas that offer the strongest technical and strategic potential.

Within James Bay is a 100-per-cent-owned, drill-permitted polymetallic target supported by historical drilling, recovered drill core, geophysical reinterpretation and an independent National Instrument 43-101 technical report filed October, 2025, which is the company's current focus and for which the company received drill permits on Feb. 16, 2026. Historical SOQUEM drilling consisted of five holes totalling approximately 875 metres and intersected sulphide-bearing horizons, including a reported 2.85-metre interval of massive sulphides. Subsequent geophysical interpretation concluded that several principal conductive bodies were either missed or inadequately tested, including a priority modelled conductor with reported conductivity of approximately 500 S/m. The NI 43-101 technical report recommends a staged program incorporating electromagnetic and gravity surveys, hydrogeochemical work, and approximately 2,700 metres of diamond drilling.

Rainbow Canyon property

"We have a potentially significant gold system in one of the world's premier mining jurisdictions, with demonstrated high-grade mineralization, a large alteration footprint, historical exploration and substantial exploration upside at a time when gold prices have fundamentally changed the economics of gold exploration," stated Sandy MacDougall, executive chairman.

With favourable gold prices continuing to spur exploration and development, the company is also advancing the Rainbow Canyon gold project. This project sits in the Olinghouse mining district within the northern Walker Lane structural and metallogenic domain. Rainbow Canyon exhibits geological characteristics consistent with a low-sulphidation epithermal gold system, a style of mineralization found elsewhere in Western Nevada, including at the historic Comstock Lode, which produced approximately 8.4 million ounces of gold.

Recent geophysics completed on the property, revealed multiple highly prospective targets. It also reaffirmed that prior historic drilling may not have penetrated the most prospective areas of the property. The company is in the process of planning a near-term work program that will utilize this data and its interpretations to pursue further development of the project.

Investment portfolio

Noram Lithium Corp.

Maverick currently holds approximately 3.3 million common shares and 1.65 million warrants of Noram. Noram has mineral ownership to 1,133 hectares of United States government owned land administered by the Bureau of Land Management (BLM) which host a lithium mineral resource. Noram has completed a total of 92 drill holes in seven phases of drilling between 2017 to 2024.

The NI 43-101 technical report, mineral resource estimation effective date May 15, 2024, is supported by all sampled drill holes. Raw samples were capped at 2,000 parts per million (ppm) lithium and composited to three-metre (m) nominal lengths. The MRE was split into two zones of interest: the high-grade core zone and the peripheral halo zone. Four hard boundary grade domains constructed at 600, 1,000, 1,300 and 1,450 ppm thresholds confine the MRE. An Ordinary Kriging algorithm is used for the grade estimation.

Kingman Minerals Ltd.

Maverick retains ownership of 1,215,000 common shares and 1,215,000 warrants of Kingman Minerals; a company focused on the exploration and development of the high-grade historic Rosebud gold mine near Kingman, Ariz. Rosebud was discovered in the 1880s and was mined mainly in the late 1920s and 1930s. The underground workings consist of a total of 2,500 feet of drifts, raises and crosscuts. Mining took place predominantly at the 100-foot level. Two major stopes are present from which approximately 3,000 tons of ore was removed.

The Rosebud mine property has seen significant development since its discovery in 1879 or 1880 (Schrader, 1909) with a 400-foot (122-metre) shaft and about 2500 feet (760 metere) of drifts and stopes. A mill was erected, the foundation of which can still be seen. Underground sampling by Burgex Mining Consultants and core drilling by Kingman Minerals Inc. and historic programs have confirmed the presence and grades of the Southwick veins. The surface expressions of the Southwick veins have been traced by trenches and prospect pits for 3,600 feet (1,100 metres). These veins are parallel to the Ellen Jane vein on the adjacent Music Mountain property to the east of the Mohave project and the Grand Wash fault, which borders the Hualapai Valley to the west of the property. At least seven other parallel mineralized structures on the property occur to the southwest of the Southwick veins and have been sampled by past explorers, yielding significant gold and silver values. From all this work, it can be concluded that there is gold and silver mineralization spread over nearly the entire area of the Rosebud property. Past explorers have used a "hit and run" approach to their programs with very little modern or systematic exploration work. Additional exploration is certainly warranted. Potential exists for both precious metal vein-type mineralization and for a deep-seated porphyry-type system yet to be discovered.

NOA Lithium Brines Inc.

Maverick holds 407,500 common shares and approximately 3,296,000 warrants of NOA Lithium Brines Inc., with the warrants exercisable at 22.1 cents until June 3, 2027. Maverick's interest in NOA originated through the sale of its Nevasca lithium project in Argentina, allowing the company to retain exposure to the advancement of NOA's broader lithium portfolio.

NOA has assembled more than 120,000 hectares across three lithium brine projects in Salta province, Argentina, with its current development focus on the 100-per-cent-owned Rio Grande project. Rio Grande hosts a reported mineral resource estimate of approximately 4.7 million tonnes of lithium carbonate equivalent. NOA completed a preliminary economic assessment on Rio Grande in 2025 and continues to advance the project through its 2026 drilling and technical programs.

About CDN Maverick Capital Corp.

CDN Maverick Capital is a Canadian-based mineral exploration company focused on creating value through the acquisition, advancement and strategic monetization of highly prospective mineral assets. The company employs a disciplined, data-driven approach to identifying opportunities, deploying capital, and advancing projects through targeted technical work and modern exploration techniques. As assets mature and value is created, CDN Maverick enhances shareholder value through strategic partnerships, joint ventures, transactions or dispositions, while retaining ongoing exposure where appropriate through equity interests, warrants, carried interests or other economic participation. Through this asset-generation model, the company aims to continuously identify, develop and monetize opportunities while building long-term shareholder value.

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