Mr. Troy Boisjoli reports

MURCHISON MINERALS ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION UNDER COORDINATED BLANKET ORDER 51-933

Murchison Minerals Ltd. intends to adopt the policies outlined in the semi-annual reporting pilot program utilizing the exemptions provided under Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

The SAR pilot program is implemented under the blanket order, which allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from quarterly to semi-annual financial reporting. By adopting the SAR, Murchison aims to reduce the administrative and financial burden associated with quarterly reporting.

The company will not file interim financial statements and the related management's discussion and analysis for the three-month period ended March 31, 2026, and the nine months ended Sept. 30, 2026. Murchison will continue to file the six-month interim financial reports (due within 60 days of June 30) and the audited annual financial statements (due within 120 days of Dec. 31).

The company confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million and maintaining a clean 12-month continuous disclosure record. The company remains committed to timely disclosure, and will continue to report all material changes and significant developments as required under National Instrument 51-102.

About Murchison Minerals Ltd.

Murchison is a Canadian-based exploration company focused on the exploration and development of the 100-per-cent-owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan and on nickel-copper-cobalt exploration at the 100-per-cent-owned HPM project in Quebec.