Ms. Cynthia Le Sueur-Aquin reports

LAURION ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

Laurion Mineral Exploration Inc. has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between the company and ICP was signed with a start date of Aug. 26, 2026, and is for four months and shall be automatically renewed for subsequent one-month terms unless either party provides at least 30 days written notice prior to the end of the initial term or an additional term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP currently holds no interest in, or right to acquire, directly or indirectly, securities of Laurion.

ICP and its clients may acquire an interest in the securities of the company in the future.

ICP is an arm's length party to the company. ICP's market-making activity will be primarily to correct temporary imbalances in the supply and demand of the company's shares. ICP will be responsible for the costs it incurs in buying and selling the company's shares, and no third party will be providing funds or securities for the market-making activities.

The engagement of ICP remains subject to acceptance by the TSX Venture Exchange.

In connection with the engagement of ICP, the company has provided notice to Integral Wealth Securities Ltd. to terminate its existing market-making services agreement with the company, effective Aug. 31, 2026. The company thanks Integral for the services it has provided to the company.

About ICP Securities Inc.

ICP is a Toronto-based CIRO dealer-member that specializes in automated market-making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution and trading, ICP has leveraged its own proprietary technology to deliver high-quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About Laurion Mineral Exploration Inc.

Laurion Mineral is listed on the TSX Venture Exchange, OTCID and Frankfurt Stock Exchange, and is a mid-stage Canadian mineral exploration company, focused on advancing the 100-per-cent-owned Ishkoday gold and polymetallic project in Northern Ontario.

The Ishkoday project covers approximately 57 square kilometres (km) within the prolific Beardmore-Geraldton and Onaman-Tashota greenstone belts, and hosts a single 6.0 km by 2.5 km mineralized corridor. Historical and modern exploration programs have completed over 98,000 metres of drilling, confirming a large and evolving gold-rich polymetallic mineral system.

Laurion's strategy emphasizes disciplined, data-driven exploration, systematic technical advancement, integrated geological modelling and responsible capital allocation. The company is focused on strengthening geological confidence, expanding the scale of the mineral system and positioning the project for a future National Instrument 43-101 mineral resource estimate (MRE). Laurion continues to evaluate opportunities that may enhance project development flexibility, including potential non-dilutive initiatives such as the evaluation of historical surface stockpile processing. The company's objective is to build technical clarity, scale and long-term project value before monetization, ensuring that future development decisions or strategic opportunities are supported by strong geological foundations and reduced execution risk.

Cynthia Le Sueur-Aquin, president and chief executive officer of Laurion, is the company's largest shareholder, holding 17,221,306 common shares, reflecting strong alignment between management and shareholders.

We seek Safe Harbor.