Mr. Paul Jones reports

NUINSCO ANNOUNCES PRIVATE PLACEMENT

Nuinsco Resources Ltd. has arranged a non-brokered private placement of flow-through common shares and common shares. Under the private placement, the company could issue up to approximately 50 million flow-through shares (at a subscription price of one cent per flow-through share) or approximately 67 million common shares (at a subscription price of 0.75 cent), or a combination of flow-through and common shares dependent on investor demand, for an aggregate amount of $500,000. The private placement is expected to close on or about June 26, 2026.

A finder's fee will be paid in connection with the offering to finders, as determined by mutual agreement between the company and the finders, which will consist of 7 per cent in cash on the total financing and additional 7 per cent in compensation warrants. The compensation warrants will permit the purchase of one common share in the capital of the company at a price of one cent per common share for a period of 18 months from closing of the offering.

Proceeds from the sale of flow-through shares will be used to finance work to advance the company's mineral projects in Ontario and Newfoundland. Proceeds from the sale of common shares may be used for exploration activities or general corporate purposes.

About Nuinsco Resources Ltd.

Nuinsco Resources has over 50 years of exploration success and is a growth-oriented, multicommodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. Currently, the company has the large multicommodity (phosphate, rare earth element, niobium and tantalum) Prairie Lake project near Marathon-Terrace Bay, the Zig Zag Lake property (lithium and tantalum) near Armstrong optioned to First Class Metals PLC and the Paradise Lake gold project in central Newfoundland, and retains a net smelter return royalty on the Sunbeam gold property near Atikokan.

We seek Safe Harbor.