Mr. Robert Rohlfing reports

DESERT MOUNTAIN ENERGY ANNOUNCES LIFE OFFERING TO RAISE UP TO $3,000,000

Desert Mountain Energy Corp. has entered into an agreement with Haywood Securities Inc., as sole agent and bookrunner, to offer for sale on a best efforts private placement basis, and using the LIFE (as defined below), up to 6,976,744 units of the company at a price of 43 cents per unit, for aggregate gross proceeds of up to $3-million.

Each unit will comprise one common share in the capital of the company and one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one common share in the capital of the company at a price per warrant share equal to 70 cents, at any time up to the date that is 36 months following the closing date. Proceeds from the offering will be used to advance the company's gas properties and related projects, and for general working capital.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 -- Prospectus Exemptions, the units will be offered for sale to purchasers resident in each of the provinces and territories of Canada, other than Quebec, and in jurisdictions outside of Canada, other than the United States, on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.

There is an offering document, dated March 27, 2026, related to the offering that can be accessed under the company's profile at SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision

The company intends to use the net proceeds from the sale of units to tie into the Kinder Morgan natural gas pipeline, to recomplete the gathering pipeline system from the wells in the south of the property to the processing facility, and for working capital and general corporate purposes.

The offering is anticipated to close no later than April 8, 2026, or such other date as the company and Haywood may agree. Completion of the offering is subject to certain conditions including, but not limited to, acceptance by the TSX Venture Exchange.

In consideration for their services, the company has agreed to pay Haywood a cash commission equal to 6 per cent of the gross proceeds from the offering and that number of units equal to 6 per cent of the units sold under the offering. In addition, Haywood will be entitled to a corporate finance fee equal to 6 per cent of the gross proceeds from the offering (plus applicable taxes), such fee to be paid half in cash and half in units. The offering is subject to the approval of the TSX Venture Exchange.

About Desert Mountain Energy Corp.

Desert Mountain Energy is a publicly traded resource company primarily focused on the exploration, development, and production of helium, hydrogen and natural gas. The company is focused on helium extraction from different raw gas sources in an environmental and economic manner, supplying elements deemed critical to the renewable energy and high technology industries.

We seek Safe Harbor.