Mr. R. Dale Ginn reports

LION ROCK RESOURCES CLOSES $5.3M FINANCING

Further to the news releases of Aug. 26, 2025, and Sept. 10, 2025, Lion Rock Resources Inc. has closed its non-brokered private placement of 26,585,281 units of the company at a price of 20 cents per unit for total gross proceeds of $5,317,056. Each unit consists of one common share in the capital of the company and one non-transferable share purchase warrant, with each warrant entitling the holder thereof to acquire one additional common share at a price of 30 cents per share until Sept. 15, 2027. If, after all regulatory holds on the warrants expire, the common shares of the company trade on the TSX Venture Exchange at a price of 40 cents or more for five consecutive trading days at any time, then the warrants will expire, subject to the company's discretion, on the earlier of the expiry date and 4:30 p.m. Vancouver time on the date which is 30 calendar days after the company provides notice to the holders of the warrants that the acceleration event has occurred.

The common shares and warrants comprising the units and any common shares issued on exercise of the warrants are subject to a hold period and may not be traded until Jan. 16, 2026, except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange.

Proceeds of the placement will be used to finance the company's payment obligations and work program with respect to the Volney project and for general working capital purposes.

The company did not pay any finders' fees with respect to the offering.

About Lion Rock Resources Inc.

Lion Rock is a Canadian mineral exploration company committed to advancing high-grade gold and lithium projects across North America. The company's flagship asset, the Volney project, is located in South Dakota's Black Hills, a mining-friendly jurisdiction surrounded by active gold operations. The company is led by an award-winning team with a proven record of mineral discoveries, project development and financing.

We seek Safe Harbor.