Mr. Chris Hobbs reports

SMOOTH ROCK ANNOUNCES EXTENSION OF PRIVATE PLACEMENT

Further to Smooth Rock Ventures Corp.'s news releases dated June 10, 2026, and July 24, 2026, the TSX Venture Exchange has granted the company a further extension until Sept. 7, 2026, to complete its non-brokered private placement of up to three million units of the company.

As previously announced, the private placement consists of up to three million units of the company at a price of 25 cents per unit for gross proceeds of $750,000. The company closed the first tranche of the private placement on July 24, 2026, issuing 1.03 million units.

Each unit consists of one common share in the capital of the company and one share purchase warrant, whereby each warrant shall be exercisable into one additional share at a price of 35 cents for a period of 36 months from the closing date of the private placement, provided that, if the closing price of the shares of the company is $1 or greater per share for five consecutive days at any time after the closing date, the company may accelerate the warrant term such that the warrants shall expire on the date which is 30 days following the date a press release is issued by the company announcing the reduced warrant term.

The proceeds from the private placement will be used to advance the company's exploration portfolio and for general working capital purposes. The company anticipates completing the private placement through one or more additional tranches within the extended timeline granted by the TSX-V, and the company may pay finders' fees to eligible finders in respect of additional tranches of the private placement, as permitted by the policies of the TSX-V.

All securities issued in connection with any subsequent tranches of the private placement will be subject to a statutory hold period expiring four months and one day from the date of issuance, in accordance with applicable securities legislation. The private placement remains subject to receipt of all necessary regulatory approvals, including approval of the TSX-V.

About Smooth Rock Ventures Corp.

Smooth Rock Ventures is a U.S.-based exploration-stage company engaged in the acquisition and exploration of mineral properties, primarily in the prolific Walker Lane mineral belt located in Nevada. The company owns a 100-per-cent undivided interest in the Palmetto gold project, that consists of 116 unpatented mining claims totalling 2,217 acres located in Esmeralda county, Nevada. The project hosts a National Instrument 43-101-compliant mineral resource estimation (WSP Canda Inc., McCraken, Oct. 15, 2020). Palmetto has seen significant exploration work completed to date by numerous companies, including Newmont Gold, Phelps Dodge Corp., Romarco Minerals and most recently ML Gold Corp. The initial discovery hole in 1988 was drilled by Phelps Dodge and bonanza gold-silver veins were subsequently drilled by Romarco Minerals in 1997 to 2002.

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