Ms. Marie-Jose Girard reports

LAST CLOSING OF DIOS PREVIOUSLY ANNOUNCED $650,000 PRIVATE PLACEMENT

Dios Exploration Inc. has closed its last tranche of $142,000 of a previously announced $650,000 non-brokered private placement. Pursuant to this last closing, Dios issued 3.55 million flow-through units of Dios at a price of four cents per unit, each unit consisting of one flow-through common share of the capital of Dios and one-half warrant, one whole warrant entitling its holder thereof to subscribe for one common share of Dios at six cents per share for two years from date of issuance.

The use of gross proceeds focuses on diamond drilling in Quebec wholly owned Heberto gold discovery and extents on road accessible Au33 property, James Bay Eeyou Istchee.

Gold prices are currently at a very rare high and have incredibly increased since first drilling discovery of Heberto gold by Dios in 2015 to 2017.

Heberto gold system is intrusive hosted and located within a five-by-eight-kilometre highly anomalous gold-in-outcrop, gold-in-till, gold-in-soil area, 50 km south of Eleonore world-class gold mine and 20 km west of Clearwater gold deposit, near Eastmain1 hydropower facilities.

Common shares and warrants issued pursuant to this closing are subject to a restricted hold period of four months and one day, ending on May 2, 2026, under applicable Canadian securities laws. The placement remains subject to final approval of the TSX Venture Exchange.

Marie-Jose Girard, MSc, PGeo, National Instrument 43-101 qualified person, approved this release.