File: Attachment LFNT_NR_20261019_PP Update.pdf

LFNT ANNOUNCES UPDATE TO NON-BROKERED PRIVATE PLACEMENT

Vancouver, British Columbia October 19, 2026 LFNT Resources Corp. (CSE: LFNT) ("LFNT" or the "Company"), further to its news release dated August 7, 2026, announces its intention to close its non-brokered private placement (the "Offering") for gross proceeds of approximately $430,000 on October 23, 2026.

Pursuant to the Offering, the Company will issue approximately 2,866,667 units (each, a "Unit") at a price of $0.15 per Unit. Each Unit will consist of one common share of the Company (each, a "Share") and one transferable common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Share at an exercise price of $0.40 per Share for a period of 24 months from the closing date.

The Company intends to use the net proceeds of the Offering for general working capital purposes.

Completion of the Offering remains subject to approval by the Canadian Securities Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS,

LFNT RESOURCES CORP.

Shayne Taker Chief Executive Officer Tel: +1 236-485-1435

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the anticipated closing of the Offering on October 23, 2026, the issuance of 2,866,667 Units for gross proceeds of approximately $430,000, the receipt of required regulatory approvals, including approval by the Canadian Securities Exchange, and the intended use of the net proceeds.

Forward-looking information is based on management's current expectations and assumptions, including that the required documentation will be completed and finalized and that all necessary regulatory approvals will be obtained in time to complete the Offering as anticipated. Such information is subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied, including delays in obtaining or failure to obtain required approvals, changes in market conditions, and the risk that the Offering may be delayed, amended or not completed on the terms announced or at all. There can be no assurance that the assumptions underlying the forward-looking information will prove to be correct. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable securities laws.

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LFNT ANNOUNCES UPDATE TO NON-BROKERED PRIVATE PLACEMENT

Vancouver, British Columbia - October 19, 2026 - LFNT Resources Corp. (CSE: LFNT) ("LFNT" or the "Company"), further to its news release dated August 7, 2026, announces its intention to close its non-brokered private placement (the "Offering") for gross proceeds of approximately $430,000 on October 23, 2026.

Pursuant to the Offering, the Company will issue approximately 2,866,667 units (each, a "Unit") at a price of $0.15 per Unit. Each Unit will consist of one common share of the Company (each, a "Share") and one transferable common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Share at an exercise price of $0.40 per Share for a period of 24 months from the closing date.

The Company intends to use the net proceeds of the Offering for general working capital purposes.

Completion of the Offering remains subject to approval by the Canadian Securities Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS,

LFNT RESOURCES CORP.

Shayne Taker

Chief Executive Officer

Tel: +1 236-485-1435

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the anticipated closing of the Offering on October 23, 2026, the issuance of 2,866,667 Units for gross proceeds of approximately $430,000, the receipt of required regulatory approvals, including approval by the Canadian Securities Exchange, and the intended use of the net proceeds.

Forward-looking information is based on management's current expectations and assumptions, including that the required documentation will be completed and finalized and that all necessary regulatory approvals will be obtained in time to complete the Offering as anticipated. Such information is subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied, including delays in obtaining or failure to obtain required approvals, changes in market conditions, and the risk that the Offering may be delayed, amended or not completed on the terms announced or at all.

There can be no assurance that the assumptions underlying the forward-looking information will prove to be correct. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable securities laws.