Mr. Vern Arseneault reports

HALCONES PRECIOUS METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Halcones Precious Metals Corp. has arranged a non-brokered private placement financing of up to 20 million units to be priced at five cents per unit for gross proceeds of up to $1-million. Each unit will be composed of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of five cents per common share for a period of 24 months following the completion of the offering. Securities issued under the offering are expected to carry a hold period of four months and one day from the date of issue as may be required under applicable securities laws.

The company plans to use the aggregate net proceeds of the offering to obtain the surface rights to the Polaris project, to continue the exploration work on its Polaris project as well as for general corporate working capital purposes.

The offering is scheduled to close on or about Oct. 15, 2026, and is subject to approval of the TSX Venture Exchange.

About Halcones Precious Metals Corp.

Halcones is focused on exploring for and developing gold-silver projects in the Maricunga belt, Chile, the premier gold mining district in South America. The company has a team with a strong background of exploration success in the region.

We seek Safe Harbor.