Mr. Fred Leigh reports

FUTURE MINERAL CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Future Mineral Resources Inc. has closed a first tranche of a previously announced non-brokered private placement financing of up to 15 million common shares at a price of 30 cents per share for gross proceeds of up to $4.5-million. For more information about the offering, please see the company's news releases dated Jan. 7, 2026, and Feb. 2, 2026, each of which is available under the company's SEDAR+ profile.

Pursuant to the first tranche, Future Mineral issued 516,666 common shares at a price of 30 cents per share for gross proceeds of $154,999.80. The securities issued in connection with the first tranche are subject to a statutory four-month hold period, which expires on July 13, 2026. Completion of the offering (including the first tranche) is subject to receipt of final approval of the Toronto Stock Exchange. The company paid $8,400 as a finder's fee to an eligible finder in connection with the first tranche. The net proceeds of the first tranche are expected to be used for working capital and general corporate purposes.

About Future Mineral Resources Inc.

Future Mineral is a venture capital company focused on acquiring and advancing brownfield, development-stage and early-production-stage mining projects in the Americas and Europe.

We seek Safe Harbor.