Mr. Doug Unwin reports

GEOLOGICA RESOURCE CORP. ANNOUNCES CLOSING OF PROMISSORY NOTE OFFERING

Further to its press release dated March 17, 2026, Geologica Resource Corp. has closed its previously announced private placement debt financing, issuing $150,000 of on-demand unsecured promissory notes accruing interest at 8.5 per cent per annum.

The financing was completed pursuant to a partial revocation order of the British Columbia Securities Commission dated March 26, 2026, partially revoking the failure-to-file cease trade order (FFCTO) issued against the issued against the company on May 6, 2025.

The company will use the proceeds of the financing to resolve outstanding fees, prepare audited and unaudited financial statements, and pay all other costs associated with applying for a full revocation of the FFCTO.

All of the corporation's common shares will remain subject to the FFCTO until such order is fully revoked. The granting of the partial revocation order does not guarantee the issuance of a full revocation order in the future. The corporation may apply for future partial revocation orders as necessary to continue operations. The corporation did not pay any finders' fees in connection with the completion of the financing.

The closing of the financing is subject to the approval of the Canadian Securities Exchange.

We seek Safe Harbor.