Mr. Ritch Wigham reports

SLAVE LAKE ZINC ANNOUNCES NAME CHANGE AND PRIVATE PLACEMENT OFFERING

Slave Lake Zinc Corp. will change its name from Slave Lake Zinc Corp. to Taltson Critical Minerals Corp., effective Aug. 7, 2026. The company's common shares are expected to commence trading on the Canadian Securities Exchange on or about Aug. 7, 2026, under the new name. The company's trading symbol will remain SLZ.

The company's new Cusip number following the name change will be 87483K108, and its new ISIN will be CA87483K1084. The share capital of the company remains unchanged. No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of the company in the current name of the company will not be affected by the name change and will not need to be exchanged.

The company also announces a non-brokered private placement offering of units in the capital of the company at a price of four cents per unit for anticipated gross proceeds of up to $150,000. Each unit will consist of one common share and one share purchase warrant, where each warrant will entitle the holder to purchase one additional common share at an exercise price of seven cents per warrant share for a three-year period.

One or more insiders of the company may participate in the offering. If so, then the company will rely on an exemption from the related-party requirements of Multilateral Instrument 61-101 for any participation by insiders of the company in the offering.

The securities to be issued pursuant to the private placement and any warrant shares to be issued on the exercise of warrants will be subject to a four-month hold period from the date of issuance in accordance with Canadian securities laws and the policies of the Canadian Securities Exchange. Slave Lake intends to use the net proceeds from the offering for working capital purposes. A finder's fee may be payable with respect to a portion of the offering.

About Slave Lake Zinc Corp.

Slave Lake is advancing plans for an airborne geophysical survey over its 100-per-cent-owned O'Connor Lake property in the Northwest Territories to refine and prioritize drill targets across its known zinc, lead, copper, silver and gold showings. This coming survey -- which it is currently raising capital to finance -- will allow it to image the regional hydrothermal system to clearly define the highest-priority targets ahead of a future drill program. These efforts build upon its recent work of expanding its land package and interpreting first-pass data, continuing to support its core thesis that the O'Connor Lake and Taltson magmatic zones hold significant potential for world-class base, precious and critical metals. While it finalizes the survey schedule, it invites stakeholders to download its newly published investor deck for a comprehensive overview of its exploration strategy, and reminds investors that its shares trade on the Canadian Securities Exchange under the ticker SLZ.

We seek Safe Harbor.