Mr. Richard Barnett reports

ICONIC RETAINS MEDIA AND MARKETING CONSULTANT AND GRANTS STOCK OPTIONS

Iconic Minerals Ltd. has retained Pollen Agency Ltd. to provide creative and effective media and marketing services. The services include customized brand awareness and media campaigns where the company will receive significant exposure through various networks, including social media where the company can communicate to its shareholders investors and other stakeholders for the purpose of increasing awareness of the company and its activities. The consulting agreement is for a term of six months with the option to renew for an additional six months at the end of the term.

Pollen will receive a monthly fee of $7,000 plus applicable taxes from the company and is being granted stock options to exercise into 1.3 million common shares of the company. The options vest quarterly over a period of 12 months from the date of issuance and can be exercised for a period of two years from the date of grant.

The company further announces the grant, pursuant to its 10-per-cent rolling stock option plan that was ratified and approved by shareholders on June 15, 2025, of options to eligible participants to purchase a total of three million common shares (inclusive of Pollen options), exercisable in whole or in part on or before Aug. 15, 2027 at an exercise price of 7.5 cents per share (being the closing price of the company's shares on Aug. 15, 2025).

The consulting agreement and the grant of options are subject to TSX Venture Exchange approval.

Brief summary on the New Pass gold property

The New Pass gold project, located in central Nevada, approximately 27 miles west of Austin with a National Instrument 43-101 technical report dated Dec. 2, 2020 (NI 43-101 non-compliant) contains an inferred mineral resource of 15,515,488 short tons (14,075,414 metric tons) at 0.022 ounce per ton (0.75 gram/metric ton) gold equivalent or 341,750 ounces of gold equivalent comprising 282,986 ounces of gold at an average grade of 0.018 ounce per ton (0.62 gram/metric ton) and 3,139,054 short tons (2,847,702 metric tons) of silver at an average grade of 0.202 ounce per ton (6.92 grams/metric ton).

Richard Kern, certified professional geologist (No. 11494) and chief executive officer of Iconic, is the qualified person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.

We seek Safe Harbor.