Mr. Robert Crombie reports

INTER-ROCK ANNOUNCES NORMAL COURSE ISSUER BID FOR COMMON SHARES

Inter-Rock Minerals Inc. has filed a notice of intention and received acceptance from the TSX Venture Exchange to commence a normal course issuer bid (NCIB) to purchase for cancellation from time to time up to an aggregate of one million common shares of the company, representing up to approximately 4.6 per cent of the company's 21,649,311 common shares issued and outstanding as of the date hereof, and up to approximately 9.3 per cent of the 10,797,911 common shares, which to the knowledge of the issuer, are in the public float (as such term is defined in the policies of the TSX-V). Inter-Rock has engaged Independent Trading Group Inc. to act as broker for the NCIB.

Inter-Rock may purchase common shares under the NCIB over the next 12-month period beginning on or about Aug. 29, 2026. The NCIB will terminate upon the earliest of: (i) the company purchasing one million common shares; (ii) the company providing notice of termination of the NCIB; and (iii) Aug. 28, 2027.

Any purchases under the NCIB will be conducted on the open market through the facilities of the TSX-V or alternative Canadian trading systems at market prices or by such other means as may be permitted under applicable securities laws. Any daily purchases on the TSX-V under the NCIB will be subject to all limitations as set forth in the TSX-V's rules. All common shares purchased by Inter-Rock will be cancelled. The purchase and payment for the common shares will be made in accordance with the requirements of the TSX-V and applicable securities laws. The actual number of common shares that may be purchased pursuant to the NCIB will be determined by the board of directors of the company in its discretion, subject to the maximum of one million common shares set out above, and the financing for any purchase pursuant to the NCIB will be from the working capital of the company.

The NCIB is being undertaken as the company believes the share price of its common shares, from time to time, is not reflective of the underlying value of the company and its future prospects. The company believes the purchase of common shares is an appropriate use of its financial resources and is advantageous to shareholders when common shares are purchased at a price below their underlying value and cancelled, as this increases the proportionate share of ownership of the company for the remaining shareholders. The NCIB will also afford an increased degree of liquidity to those shareholders of Inter-Rock who wish to dispose of their common shares.

To the knowledge of the company, none of the directors, senior officers or other insiders of the company, none of their respective associates and no affiliate or associate of the company has any present intention to sell any common shares to the company during the NCIB.

A copy of the Form 5G, Notice of Intention to Make a Normal Course Issuer Bid, filed by the company with the TSX-V in respect of the NCIB, can be obtained from the company upon request without charge.

The company's previous NCIB began on Aug. 29, 2025, and expires on Aug. 28, 2026. Under the previous NCIB, the company purchased 89,800 common shares for cancellation at an average price of $1.02 per common share.

About Inter-Rock Minerals Inc.

Inter-Rock owns two operating businesses in the United States: Papillon Agricultural Company Inc. and MIN-AD Inc. Papillon is a marketer and distributor of toll manufactured premium dairy feed nutritional products, including MIN-AD's products. MIN-AD is engaged in the production and marketing of dolomite and clay products for the animal feed industry in the United States.

We seek Safe Harbor.