Mr. Kevin Bottomley reports

SCEPTRE VENTURES ANNOUNCES AMENDMENT AND CLOSING OF PRIVATE PLACEMENT OFFERING

Sceptre Ventures Inc. has amended the terms of its non-brokered private placement offering previously disclosed on Jan. 21, 2026, pursuant to which the company announced the intention to issue up to six million units (on a preconsolidated basis), with each unit to comprise one common share and one share purchase warrant. The terms of the private placement were amended to consist of up to 600,000 common shares of the company at a price of 50 cents per share for gross proceeds of up to $300,000.

The company further announces that it has closed the fully subscribed amended private placement by issuing an aggregate of 600,000 shares at a price of 50 cents per share for gross proceeds of $300,000. Proceeds of the amended private placement will be used for identifying and evaluating a proposed qualifying transaction (as defined in Policy 2.4 of the TSX Venture Exchange) and for general working capital purposes.

No finders' fees were paid in connection with the amended private placement. The shares issued under the amended private placement are subject to a statutory hold period of four months and one day in accordance with applicable securities laws. The amended private placement is subject to final acceptance of the exchange.

About Sceptre Ventures Inc.

Sceptre Ventures is a capital pool company (CPC) within the meaning of the policies of the TSX Venture Exchange, and has not commenced commercial operations and has no assets other than cash. Sceptre is currently engaged in identifying and evaluating businesses and assets with a view to completing a qualifying transaction under the TSX-V's CPC policy.

We seek Safe Harbor.