(via TheNewswire)

Toronto, Ontario – TheNewswire – April 10, 2026 – Loyalist Exploration Limited (CSE: PNGC) (“Loyalist” or the “Company”) is pleased to announce the appointment of Bob Bresee, C.E.T. , as Vice President of Operations.

Mr. Bresee is a Certified Engineering Technologist and a graduate of the Haileybury School of Mines. With more than 45 years of hands-on experience in the mining industry and as a long-time resident of Timmins, Ontario, he brings extensive operational and technical expertise to the role. Bob began his career at the bottom of the ladder in 1975 as a miner, shift boss trainee, and spare shift boss at Kerr Addison Gold Mines Ltd. in Virginiatown, Ontario, and has steadily worked his way up through progressively senior roles in engineering, project management, and operations leadership. Bob will continue as a director of the Company.

His career includes senior positions with several notable companies, such as:

• Kinross Gold Corporation  (Hoyle Pond Mine)  

• Klondex Mines Ltd.  (as V.P. Elect, Canadian Operations and General Manager of the Midas Mine Mill)  

• Trelawney Mining Exploration Inc.  (Mine Manager, Chester Area Projects)  

• Liberty Mines Inc.  (Mine Manager, Redstone and McWatters operations)  

• River Gold Mines Ltd.  (Project Manager, Eagle River and Edwards Mines)  

• Gowest Gold Ltd.  (Mining Consultant, Bradshaw Project)  

• Sage Gold Inc.  (Mining Consultant, Clavos Mine)  

• and more recently as CEO/Director of Voltage Metals Corp. , where he led due diligence and mine planning for restarting a former 2,500 tpd nickel producer in the Timmins area.  

Mr. Bresee’s expertise spans narrow vein and bulk longhole mining, underground project development and restarts, permitting (particularly in Ontario), mine planning, budgeting, cost control, and production ramp-ups. He has managed multi-million-dollar budgets, infrastructure expansions (including shaft sinking and ramp development), mill operations, and environmental processes. Notably, he previously served as project manager on Loyalist’s flagship Tully Gold Project while with SGX Resources Inc.

Errol Farr, Loyalist’s President & Chief Executive Officer, commented: “I have gotten to know Bob well over the past year as a Director of Loyalist and I am thrilled to welcome Bob into this key leadership role. His proven track record at companies like Kinross Gold, Klondex, Trelawney, Liberty Mines, and more recently Voltage Metals, combined with his strong Timmins roots and deep familiarity with the Tully project, makes him an outstanding addition to management. Starting from the ground up as a miner in 1975 and rising through the ranks gives Bob a unique, practical perspective that will be instrumental as we advance Tully toward production and execute our ‘Buy Timmins, Mine Timmins’ strategy.”

Bob Bresee, Vice President of Operations, added: “I’m excited to step into the operations role at Loyalist at this important stage. I have been a miner all my life and I’ve always been passionate about the Timmins camp. My previous involvement with the Tully project gives me a strong appreciation for its potential. I look forward to applying my operational experience to help advance Tully through permitting and development and operations.”

About Loyalist Exploration Limited

Loyalist Exploration Limited is a mineral exploration company concentrating on acquiring, exploring, and developing quality mineral properties in Canada. The Company is currently focused on its “Buy Timmins, Mine Timmins” strategy, with the recent acquisitions of the Tully gold property, the Loveland nickel- copper-gold property, the Gold Rush gold-silver property, and the DeSantis gold property, all located in the Timmins, Ontario Mining District. The Company has commenced a significant mining permit project at Tully and will commence exploration activities on all four properties as well as expanding the Company’s Timmins based property portfolio.

For further information please visit the Company's website at www.loyalistexploration.com or contact:

Loyalist Exploration Limited

Errol Farr, President and CEO

Email: efarr001@icloud.com

Tel: 647-296-1270

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) have reviewed or accept responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding an outlook and include statements regarding the planned development of the Tully Property. Factors that could cause actual results to differ materially from such forward ‐ looking information include, but are not limited to the Company’s inability to complete the financings necessary to complete the acquisitions of the Tully property , the Company’s inability to complete the acquisitions of the Tully property on the timelines anticipated or at all, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, an inability to complete the Offering on the terms or on the timeline as announced or at all, capital market conditions, restriction on labour and international travel and supply chains, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

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