Mr. Richard Penn reports

FIRST ATLAS RESOURCES CORP. ANNOUNCES SALE OF MACKENZIE EAST CLAIMS, QUEBEC TO LAFLEUR MINERALS INC.

First Atlas Resources Corp. has entered into a definitive agreement dated April 28, 2026, with Lafleur Minerals Inc., pursuant to which First Atlas has agreed to sell a 100-per-cent interest in its MacKenzie East claims, located in the Val d'Or gold camp, Quebec.

Under the terms of the agreement, Lafleur will acquire the property in exchange for:

• $30,000 in cash;
• 175,000 common shares of LaFleur Minerals.

The cash portion is payable within 48 hours of execution of the agreement. The share consideration will be issued upon receipt of exchange acceptance (as defined in the agreement) or, if not required, within five business days following closing. The shares will be subject to applicable hold periods and resale restrictions under Canadian securities laws and Canadian Securities Exchange policies.

The property consists of 46 mineral claims covering approximately 1,781 hectares and is located immediately east of Fresnillo PLC'S McKenzie Break gold deposit in one of Quebec's most prolific gold districts. The transaction allows First Atlas to monetize a non-core asset while retaining exposure to the upside of the Val d'Or region through its equity interest in Lafleur.

Richard Penn, chief executive officer of First Atlas, commented: "We are pleased to complete this transaction with Lafleur Minerals. The sale provides First Atlas with immediate cash and equity in a well-positioned explorer advancing projects in the same district."

Closing of the transaction is subject to customary conditions, including receipt of all necessary approvals from the CSE and compliance with applicable securities laws.

We seek Safe Harbor.