File: '\\swfile\EmailIn\20260820 170740 Attachment RRM (2026-08-20) NR approving Consolidation of Common Shares (up to 10 to 1).docx'

LEGAL_50172453.1

ROSS RIVER MINERALS INC. ANNOUNCES PROPOSED SHARE CONSOLIDATION

Vancouver, British Columbia, August 20, 2026 - Ross River Minerals Inc. (TSXV: RRM.H) ("Ross River" or the "Company") announces that it intends to consolidate the common shares in the capital of the Company (the "Common Shares") on the basis of up to ten (10) pre-consolidation Common Shares for every one (1) post-consolidation Common Share (the "Consolidation"). The Consolidation is intended to make the Company more attractive to potential new investors.

The Consolidation was approved by the board of directors of the Company (the "Board") in accordance with the Articles of the Company but remains subject to the approval of the NEX board of the TSX Venture Exchange (the "Exchange"). The Company will issue a further news release announcing the effective date and final consolidation ratio in connection with the Consolidation upon receiving Exchange approval.

The Company will not be changing its name in conjunction with the Consolidation.

ON BEHALF OF ROSS RIVER MINERALS INC.

"Aleem Nathwani"

Acting Chief Executive Officer

For further information please contact:

Ross River Minerals Inc.

Attention: Aleem Nathwani

Telephone: (604) 638-8063

Cautionary Statement Regarding "Forward-Looking" Information

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

File: Attachment RRM (2026-08-20) NR approving Consolidation of Common Shares (up to 10 to 1).pdf

ROSS RIVER MINERALS INC. ANNOUNCES PROPOSED SHARE CONSOLIDATION

Vancouver, British Columbia, August 20, 2026 Ross River Minerals Inc. (TSXV: RRM.H) ("Ross River" or the "Company") announces that it intends to consolidate the common shares in the capital of the Company (the "Common Shares") on the basis of up to ten (10) pre-consolidation Common Shares for every one (1) post-consolidation Common Share (the "Consolidation"). The Consolidation is intended to make the Company more attractive to potential new investors.

The Consolidation was approved by the board of directors of the Company (the "Board") in accordance with the Articles of the Company but remains subject to the approval of the NEX board of the TSX Venture Exchange (the "Exchange"). The Company will issue a further news release announcing the effective date and final consolidation ratio in connection with the Consolidation upon receiving Exchange approval.

The Company will not be changing its name in conjunction with the Consolidation.

ON BEHALF OF ROSS RIVER MINERALS INC.

"Aleem Nathwani" Acting Chief Executive Officer

For further information please contact: Ross River Minerals Inc. Attention: Aleem Nathwani Telephone: (604) 638-8063

Cautionary Statement Regarding "Forward-Looking" Information

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward- looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

LEGAL_50172453.1