Mr. Thomas Atkins reports

MAMMOTH ANNOUNCES CLOSING FIRST TRANCHE $545,548 OF ITS PREVIOUSLY ANNOUNCED, UPSIZED $980,000 PRIVATE PLACEMENT

Mammoth Resources Corp. has received TSX Venture Exchange approval for a first tranche closing of 21,821,902 units, consisting of one common share and one-half common share purchase warrant for gross proceeds of $545,548 of its recently announced, upsized private placement of up to 39 million units, for gross proceeds of up to $980,000. The upsized private placement is at the same terms as the previous announcement of the company's private placement, wherein each unit offered at a price of 2.5 cents per unit, consists of one common share of the company and one-half common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share until 18 months following closing of the private placement, at an exercise price of five cents. The closing date of the first tranche of the private placement is July 23, 2025.

About Mammoth Resources Corp.

Mammoth Resources is a precious metal mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The company holds a 100-per-cent interest (subject to a 2-per-cent net smelter royalty purchasable anytime within two years from commencement of commercial production for $1.5-million (U.S.)) in the 5,333-hectare Tenoriba gold property located in the Sierra Madre precious metal belt in southwestern Chihuahua state, Mexico. Mammoth is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above average potential for economic concentrations of precious metals mineralization.

We seek Safe Harbor.