Ms. Nicole Brewster reports

RENFORTH CLOSES $1 MILLION FINANCING AND COMMENCES DRILL PROGRAM PERMITTING FOR PARBEC GOLD DEPOSIT

Renforth Resources Inc. has closed the previously announced best efforts financing, and updated shareholders on drill program planning for its Parbec gold deposit and Renforth's investment in geoscience education.

Private placement

Renforth has raised $1-million through the issuance of 40 million common share units priced at 2.5 cents per unit to one individual. Each unit consists of one common share and one purchase warrant, which entitles the holder to purchase an additional common share at a price of five cents for a period of 24 months subsequent to closing. There are no fees payable in conjunction with this financing and an early warning report has been filed in connection with this financing. The purchaser of the units, Frank Guillemette, has entered into a voting support letter agreement with the company, whereby the owner of the shares and warrants agrees to vote at shareholders meetings in support of management for a period of three years.

Nicole Brewster, president and chief executive officer, states: "I believe Renforth will benefit from a patient shareholder in Mr. Guillemette, who has agreed to offer his expertise and support to management. Mr. Guillemette is a visionary figure in exploration whose personal successes include the revival of the Philibert gold project and, while director and a significant shareholder of Northern Superior Resources, an active role in the development of that asset. The asset was acquired by Iamgold in December, 2025, via a takeover of Northern Superior Resources in a transaction valued at approximately $375-million."

Frank Guillemette states, "Renfort's current market capitalization does not reflect the quality of its assets built by Renforth's team."

Parbec gold deposit

Renforth has commenced the permitting process for a drill program on the Parbec gold deposit, located along the Cadillac Break in Malartic in Quebec. The program consists of 60,000 metres of drilling, planned to occur over a period of two years.

The planned drill holes are designed to:

1. Further define the underground bulk sample target area;
2. Potential increase to, and reclassification of, gold ounces within the deposit:
   • Subject to successful drill results, through increased drilling density and by targeting gaps in existing drilling between surface and a depth of 300 metres (m);
   • A selection of deeper drill holes are also planned to begin addressing downhole gaps between the current deposit model and deeper gold intercepts;
3. Test aspects of the continuing Parbec geological model development summarized in Renforth's news release of Feb. 26, 2026, including:
   • Drill holes to test Renforth's reinterpretation of the deposit's structural patterns working in plan view;
   • Gold mineralized intervals identified by past drill holes in the vicinity of the bulk sample target area.

The chipping program at Parbec announced in the Feb. 26, 2026, news release has been completed. Renforth expects the removal of overburden within the approximately 320 m by 120 m area to commence in the next week or two. This phase prepares the continuation of surface sampling works once the snow is gone.

Geoscience education

Renforth Resources is proud to announce its sponsorship of Geologize training access for geoscience students across all 16 Ontario universities and colleges offering earth science and mining related programs -- reaching over 3,000 students province wide. Through this initiative, the next generation of Canadian geoscientists will have free access to Geologize, the world's leading communications training platform for geoscience and mining professionals, where more than 65,000 learners from over 105 countries are currently enrolled. For Renforth, this is more than a sponsorship -- it is an investment in the people who will carry Canada's critical minerals sector forward.

With this commitment in Ontario Renforth next intends to support Quebec students -- a natural progression given the company's primary exploration assets in the province and one that will be realized with the forthcoming addition of French-language content to the Geologize platform.

Qualified person

Martin Demers, PGeo, OGQ No. 770, vice-president of exploration for Renforth and a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this news release.

About Renforth Resources Inc.

Renforth Resources is a Canadian mineral exploration company focused on the development of critical minerals and gold assets in the province of Quebec. The company's principal assets are the Victoria polymetallic Ni-Co-Cu-Zn-Ag-Au-PGM (nickel, cobalt, copper, zinc, silver, gold and platinum group metal) deposit and the Parbec gold deposit, both located near Malartic in Quebec, in one of Canada's premier mining jurisdictions.

We seek Safe Harbor.