Mr. Brad Rourke reports

SCOTTIE ANNOUNCES $16.8 MILLION NON-BROKERED FINANCING

Scottie Resources Corp. has arranged a $16.8-million non-brokered private placement financing, of which a lead order of $6-million, translating to $8.4-million in charitable flow-through funding, will be provided by Ocean Partners U.K. Ltd. (see the company's news release dated July 7, 2025).

The offering will consist of: (i) a best efforts non-brokered private placement of up to 10,957,792 charitable flow-through shares of the company at a price of $1.23 per charity FT share for gross proceeds of $13.5-million, of which Ocean Partners will receive 6,818,182 common shares of the company; and (ii) a best efforts non-brokered private placement of up to 3.75 million non-flow-through common shares at a price of 88 cents per common share of the company for gross proceeds of approximately $3.3-million.

Each charity FT share will qualify as a flow-through share (within the meaning of Subsection 66(15) of the Income Tax Act (Canada)).

The gross proceeds from the issue and sale of the charity FT shares will be used by the company to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures as such terms are defined in the Income Tax Act (Canada) related to the Scottie gold mine project in British Columbia. Qualifying expenditures with respect to the charity FT shares with also qualify as B.C. flow-through mining expenditures as such term is defined in the Income Tax Act (British Columbia). All qualifying expenditures will be renounced in favour of the subscribers for the flow-through shares effective on or before Dec. 31, 2025. The non-flow-through common shares will be used to finance engineering and environmental studies and G&A (general and administrative) expenses.

The net proceeds from the sale of the common shares will be used for development activities, study work, permitting activities, and for working capital and general corporate purposes.

In connection with the offering, the corporation may engage certain arm's-length parties who may receive a cash finder's fee payment and/or warrants to purchase common shares in the capital of the corporation in consideration of securities that are sold to subscribers introduced by such parties. Any cash finder's fee payment and/or warrants will be subject to the approval of, and will be issued in accordance with, the rules of the TSX Venture Exchange.

The offering is expected to close on or about July 30, 2025, or such other date as the corporation may determine and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the acceptance of the TSX-V. The securities issued pursuant to the investment and the private placement will be subject to a statutory four-month hold period.

Dr. Thomas Mumford, PGeo, a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on behalf of the company.

About Scottie Resources Corp.

Scottie owns a 100-per-cent interest in the Scottie gold mine property which includes the Blueberry Contact zone and the high-grade, past-producing Scottie gold mine. Scottie also owns 100-per-cent interest in the Georgia project which contains the high-grade past-producing Georgia River mine, as well as the Cambria project properties and the Sulu and Tide North properties. Altogether Scottie Resources holds approximately 58,500 hectares of mineral claims in the Stewart mining camp in the Golden Triangle.

The company's focus is on expanding the known mineralization around the past-producing mines while advancing near mine high-grade gold targets, with the purpose of producing a high-margin DSO product.

All of the company's properties are located in the area known as the Golden Triangle of British Columbia which is among the world's most prolific mineralized districts.

We seek Safe Harbor.