Mr. Doug Unwin reports

GEOLGICA SIGNS DEFINITIVE AGREEMENT FOR SALE OF LINCOLN PLACER GOLD CLAIMS

Geologica Resource Corp. has entered into a definitive agreement to sell the Lincoln placer gold claims.

Geologica subsidiary LPGC Mining Corp. (the seller) has entered into a definitive agreement dated July 30, 2026, to sell a 100-per-cent interest in placer mining claims in the Atlin mining district of British Columbia. The placer claims, colloquially known as the Lincoln claim, Atlin mining division, located in or about Atlin, B.C., Canada, is composed of the claim listed below totalling 471.87 hectares.

The terms of the sale and purchase agreement specify that the purchaser pay to the seller $100,000 on entering into the sale and purchase agreement. Upon receipt of the $100,000 payment and execution of the sale and purchase agreement, the seller shall transfer the property to the issuer subject to the agreed 2-per-cent net smelter return and any other terms set out in the sale and purchase agreement.

Pursuant to the sale and purchase agreement, the purchaser and seller acknowledge that, on commencement of commercial production, from mining operations conducted by the purchaser or a third party lease, or under a streaming agreement or other business arrangement, the gold production from the property will be subject to a net smelter royalty of 2 per cent payable to the seller. Commercial production does not include bulk sampling, any gold production from exploration drilling or trenching, or other exploration work. The purchaser may purchase 1 per cent of the NSR for $1-million paid to the seller up to six months prior to the beginning of commercial production and the remaining 1 per cent on terms to be decided.

The company entered into the sale of the Lincoln property as it was determined to be a non-core asset and the proceeds from the sale would improve the company's working capital balance.

We seek Safe Harbor.