An anonymous director reports

ROGUE UPDATE: REPAYS DEBT FACILITY, CEBA, CRA AND OTHER LIABILITIES

Rogue Resources Inc. has cleared a significant portion of its corporate liabilities.

In mid-January, the independent directors of the company authorized the sale of 250,000 shares of EV Nickel Inc. to finance repayment of Rogue's Canadian emergency business account loan and to finance other regulatory requirements (auditor and registrar). Rogue helped found EVNI in March, 2021, with the spinout of its non-core Timmins assets. Rogue's independent directors have since disposed of additional EVNI shares to allow it to close the lending facility with the non-bank lender, pay outstanding HST remittances and pay other liabilities. None of the proceeds were used to repay outstanding executive compensation, and Rogue continues to discuss continuing arrangements with all remaining creditors, in addition to continuing the sales processes under way for the Ontario stone quarries, which were previously announced.

Rogue, as previously disclosed, has been managing a working capital deficit since 2019,and it remains committed to addressing its financial situation in an orderly manner.

About Rogue Resources Inc.

Rogue is a mining company focused on generating positive cash flow. Not tied to any commodity, it looks at rock value and quality deposits that can withstand all stages of the commodity price cycle. The company includes Rogue Quartz -- focused on advancing its silica/quartz business with the Snow White project in Ontario and the Silicon Ridge project in Quebec.

We seek Safe Harbor.