Dr. Luisa Moreno reports

GRAPHANO PROVIDES SPRING EXPLORATION PROGRAM UPDATE

Graphano Energy Ltd. has provided an update on the upcoming spring 2026 exploration program at its 100-per-cent-owned Black Pearl graphite project in Quebec. The program is designed to advance high-priority targets identified through recent airborne geophysical surveys and continuing AI-assisted exploration analysis.

The company's collaboration with AI Resource Exploration is advancing, with integrated geophysical and geological data sets being used to refine and rank priority targets for upcoming fieldwork. Ground activities will be fully integrated with this AI-driven (artificial intelligence) process, with new data continuously incorporated to enhance real-time targeting and drill prioritization.

Initial work will focus on conductive zones near the Black Pearl drilling areas, where prior results indicate graphite potential. The spring program will include channel sampling and max-min electromagnetic surveys over priority targets to further define conductive trends and support future drilling.

Dr. Luisa Moreno, chief executive officer of Graphano, commented: "The integration of AI into our exploration workflow is a key step in accelerating discovery at Black Pearl. By combining real-time field data with advanced analytics, we are building a dynamic targeting process that improves our ability to identify and prioritize high-quality drilling targets. This program represents a disciplined and efficient approach to advancing the project."

The company expects field activities to commence as weather conditions permit, with results to be reported as they become available.

ATI applications for expanded exploration areas

In preparation for this work, Graphano is in the process of filing the required authorizations for impact (ATI) to access and conduct exploration activities in newly identified areas of interest.

Grant of stock options

Subject to acceptance by the TSX Venture Exchange, it has granted, effective today's date, an aggregate of 665,000 stock options to certain directors, officers and consultants of the company to acquire common shares in the capital of the company, pursuant to the company's stock option plan.

The options vest on the grant date and are each exercisable at a price of 15 cents per common share until April 15, 2031. Any common shares issued upon exercise of the options will be subject to a hold period of four months and one day from the grant date in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

Qualified person

The scientific and technical content disclosed in this news release has been reviewed and approved by Roger Dahn, BSc, PGeo, a director of the company and a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Graphano Energy Ltd.

Graphano Energy is an exploration and development company focused on evaluating, acquiring and developing energy metals resources from exploration to production. Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. The company's Lac Aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the company is developing its project to meet the demands of the future.

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