File: '\\swfile\EmailIn\20260506 093240 Attachment 20260506 ICON NR - Closing PP and Ginette Final.docx'

2

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

ICON Acquires Exploration Rights Over Ginette Property and Completes Unit Financing

VANCOUVER, BC, May 6, 2026 - International Iconic Gold Exploration Corp. ("Iconic Gold" or the "Company") (TSXV: ICON) is pleased to announce, further to its news release dated March 31, 2026, that it has issued an aggregate of 3,950,000 common shares (the "Consideration Shares") of the Company at a deemed price of $0.15 per share to the optionors of the Ginette mining property (the "Property" or "Ginette"), located in the Province of Santa Cruz, Argentina. In exchange, the Company has been granted the right to explore the Property for a period of three (3) years. The Consideration Shares are subject to the following resale restrictions: 50% are subject to a four-month and one day hold period; 25% are subject to a six-month hold period; and the remaining 25% are subject to an eight-month hold period.

Pursuant to the Company's option and exploration agreement (the "Agreement") with the Property optionors, dated March 30, 2026, the Company holds an option to acquire 100% of the mining rights respecting the Property upon payment of US$1,000,000 in cash to Samco S.A., an optionor, within the first three years of the effective date of the Agreement, which payments must be made as follows: US$5,000 within 12 months; US$5,000 within 24 months; and US$990,000 within 36 months from the effective date of the Agreement. If the option is exercised, the optionors will retain a 1% net smelter royalty (the "NSR") on the sale value of all minerals produced and products obtained from the mining and processing of minerals from the Property, for the life of the deposit, subject to the Company's right to acquire 100% of the NSR at any time within the first two years of commercial production for US$1,000,000. For further details respecting the Property, the Agreement and the purchase option granted thereunder, please see the Company's news release dated March 31, 2026.

FINANCING

The Company also announces that it has successfully closed its previously announced non-brokered private placement (the "Financing") of units (each, a "Unit") for aggregate gross proceeds of $100,000. Through the Financing, the Company issued 1,000,000 Units at a price of $0.10 per Unit. Each Unit consists of one (1) common share of the Company (a "Common Share") and one (1) transferable Common Share purchase warrant (a "Warrant"), each Warrant exercisable at $0.12 for a period of 36 months following the closing of the Financing. The Company intends to use the proceeds from the Financing as follows: $5,000 towards exploration at Ginette; $6,300 towards Exchange filing fees; $50,000 towards accrued general and administrate expenses; and $38,700 towards exploration at the Company's San Roque, Fontana, and Lago Fontana projects. All securities issued in connection with the Financing are subject to a four-month and one-day hold period. No finder's fees were paid in connection with the Financing.

None of the securities referenced herein will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such an offer, solicitation, or sale would be unlawful.

On behalf of the Company,

Shashank Bhatt

President & CEO

(236) 266-5174

Contact Information:

Email: info@iconicgold.com

Website: www.iconicgold.com

For further information regarding International Iconic Gold Exploration Corp., please refer to the Company's filings available on SEDAR+ (www.sedarplus.ca) or at Iconic Gold's Website (www.iconicgold.com).

ABOUT INTERNATIONAL ICONIC GOLD EXPLORATION CORP.

International Iconic Gold Exploration Corp. (TSXV: ICON) is a Canadian precious metals exploration company focused on the acquisition, exploration, and development of gold and silver assets. The Company is managed by an experienced team of mining and capital markets professionals committed to creating shareholder value through disciplined asset selection, responsible exploration, and transparent corporate governance. For more information, please visit www.iconicgold.com or contact the Company at info@iconicgold.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. Forward-looking statements are often, but not always, identified by the use of words such as "anticipates", "plans", "expects", "intends", "believes", "will", "may", "should", "could", "would", "estimates", "targets", or similar expressions. Forward-looking statements contained in this news release include, without limitation, statements regarding the Agreement and the option granted thereunder, the Financing and the intended use of proceeds therefrom. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others: the failure to obtain necessary regulatory, Exchange, and other approvals required to exercise the purchase option under the Agreement; the risk that the proceeds of the Financing may not be used as anticipated; the speculative nature of mineral exploration and the significant risks inherent in mineral exploration activities, including that exploration results may not be as anticipated; the possibility that exploration work does not confirm or expand upon historical data and results; fluctuations in gold and silver commodity prices; changes in applicable laws and regulations, including Argentine mining and foreign investment legislation; political, economic, and social risks in Argentina; the Company's ability to obtain sufficient financing to fund planned exploration activities; competition from other exploration and mining companies; the Company's ability to attract and retain qualified personnel; environmental risks and the potential for environmental liability; and other risks detailed from time to time in the filings made by the Company with Canadian securities regulators and available on SEDAR+ at www.sedarplus.ca. Readers are cautioned not to place undue reliance on any forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary note. The forward-looking statements contained in this news release are made as of the date of this news release and the Company undertakes no obligation to update or revise publicly any of the included forward-looking statements unless required to do so by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.