Mr. Peter Smith reports

SASQUATCH RESOURCES CLOSES FULLY-SUBSCRIBED FINANCING, ADDS ANDREW HOLLOWAY TO BOARD OF DIRECTORS

Sasquatch Resources Corp. has closed its previously announced non-brokered private placement (see Sasquatch's news releases dated Jan. 19 and Jan. 26, 2026), raising gross proceeds of $600,000 through the issuance of six million units at a price of 10 cents per unit. Each unit consists of one common share of the company and one-half of one share purchase warrant (each whole warrant being exercisable for one share at an exercise price of 15 cents until Jan. 30, 2028).

The company intends to use the proceeds of the financing for exploration and development of the company's mineral properties and for general working capital. In connection with the financing, the company paid aggregate finders' fees of $3,000.

The company is also pleased to announce the appointment of Andrew Holloway, PEng, metallurgist and engineer, to the company's board of directors. Mr. Holloway is a mining industry professional with over 35 years of diverse industry experience. A metallurgical process engineer by training, his background includes the management of consulting businesses and plant operations, process consulting, plant design, capital and operating cost estimation, cash flow modelling, project management, procurement, and commissioning -- on an international scale and with a focus on base and precious metals.

Peter Smith, Sasquatch's chief executive officer, welcomed Mr. Holloway to the board of directors, saying: "We are very excited to have Andrew join the board. His wealth of experience and connections in the mining industry, including in particular with respect to metallurgy and ore processing, will be invaluable for Sasquatch as we continue through our permitting stages at Mount Sicker, and as we continue to advance and evaluate other projects in our pipeline. Put plainly, Andrew can help us optimize the product we are creating from mining waste, as well as help find end buyers for it. We are certainly fortunate to have him on the team."

The company also advises that it has issued an aggregate of two million stock options to directors, officers and consultants of the company. Each option vests immediately and is exercisable for one common share of the company at a price of 11 cents for 10 years.

Directors and officers of the company participated in the financing and received stock options, and each such transaction is considered to be a related party transaction as defined under Multilateral Instrument 61-101. The related party transactions are exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the transactions does not exceed 25 per cent of the market capitalization of the company, as determined in accordance with MI 61-101. In considering and unanimously approving the transactions, there were no materially contrary views, abstentions (except for any abstentions required by corporate law) or material disagreements by any director of the company. The company did not file a material change report at least 21 days before closing the transactions, which is reasonable given the MI 61-101 exemptions noted above.

About Sasquatch Resources Corp.

Sasquatch Resources is a mineral exploration company focused on its Mount Sicker property in southern Vancouver Island, British Columbia, the Blue Grouse property, located about 30 kilometres from the Mount Sicker property on the south side of Lake Cowichan, the Santana property (the area known as the former Santana mine) on Quadra Island, British Columbia, and the Slesse property near Chilliwack, B.C.

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