Mr. Tom Obradovich reports

CONQUEST RESOURCES REPORTS RESULTS OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Conquest Resources Ltd. held its annual and special meeting of shareholders on Thursday, June 12, 2025, at which all resolutions were approved and passed.

Election of directors

All of the nominees for election as director, being John F. Kearney, Jamie Levy, Terence McKillen, Tom Obradovich and Peter Palframan, were elected to serve until the next meeting of shareholders.

The voting results were as follows.

Reappointment of auditor

Shareholders approved the reappointment of Simone & Company as the company's auditor for the current fiscal year. The directors were authorized to fix the remuneration of the auditor. The resolution was approved with 27,279,308 votes (99.7 per cent) in favour and 80,000 votes (0.3 per cent) withheld.

Approval of the company's stock option plan

Shareholders ratified the company's stock option plan. The resolution was approved with 27,145,038 votes (99.2 per cent) in favour and 214,270 votes (0.8 per cent) against.

About Conquest Resources Ltd.

Conquest, incorporated in 1945, is a mineral exploration company that is exploring for base metals and gold on mineral properties in Ontario.

Conquest holds a 100-per-cent interest in the Belfast-TeckMag project, located in the Temagami mining camp at Emerald Lake, Ontario, which is believed to have exceptional exploration upside for magmatic sulphide deposits (copper-nickel-platinum group elements), volcanic massive sulphides, iron oxide copper/gold, iron-formation-hosted gold and paleo-placer Au.

The Belfast-TeckMag project is the company's flagship property, evolved from the Golden Rose project, which was initially acquired in December, 2017, and significantly augmented through the acquisition of Canadian Continental Exploration Corp. in 2020, and subsequent additional claim staking and purchases in its adjacent Belfast copper project and TeckMag property.

Conquest now controls over 300 square kilometres of underexplored territory in the Temagami mining camp, including the past-producing Golden Rose mine at Emerald Lake.

Conquest also holds a 100-per-cent interest in the Alexander gold property located immediately east of the Red Lake and Campbell mines in the heart of the Red Lake gold camp along the important mine trend regional structure. Conquest's property is almost entirely surrounded by Evolution Mining landholdings.

In addition, the company holds interests in the Smith Lake gold property and the Lake Nipigon basin property.

We seek Safe Harbor.