File: '\\swfile\EmailIn\20260714 152404 Attachment 34 - GUG - News release re Completion of Name Change, Consolidation and Other AGSM Matters (July 14, 2026).docx'

News Release TCCM: TSXV

ASWRD: OTCPK

LEGAL\116340332\1

LEGAL\116340332\1

THREE CROWNS CRITICAL METALS INC.

(formerly, Gungnir Resources Inc.)

THREE CROWNS ANNOUNCES COMPLETION OF NAME CHANGE, SHARE CONSOLIDATION AND CORPORATE UPDATES

VANCOUVER, British Columbia, July 14, 2026 - Three Crowns Critical Metals Inc. (TSXV: TCCM; OTCPK: ASWRD) (the "Company") is pleased to announce that effective as of market open today, on July 14, 2026, the Company changed its name from "Gungnir Resources Inc." to "Three Crowns Critical Metals Inc." (the "Name Change"), completed a 20-for-1 consolidation (the "Consolidation") of its common shares (the "Common Shares"), and completed certain corporate updates (the "Corporate Updates") as previously announced in news releases on May 29, 2026 and July 8, 2026.

The Company's new CUSIP number for the post-Consolidation Common Shares is 885933101 and its new ISIN number is CA8859331016. The Company's new ticker on the TSX Venture Exchange (the "TSXV") is "TCCM". The Company's ticker on the OTC Pink Market will change to "TCCMF" within twenty (20) business days of today and is currently trading under the temporary ticker "ASWRD".

The Name Change, Consolidation, and Corporate Updates were approved by the TSXV, the Company's board of directors, and the Company's shareholders at their annual general and special meeting held on June 29, 2026.

For more information regarding the Name Change, Consolidation, and New Articles, please refer to the Company's news releases dated May 29, 2026 and July 8, 2026 and the Company's management information circular dated May 22, 2026, all of which are available on the Company's profile on SEDAR+.

On behalf of the Board

Robert Danard, Interim CEO and Director

For further information contact:

Head Office/Investor Relations Phone: +1-604-683-0484

Email: corporatecommunications@gungnirresources.com

About Three Crowns Critical Metals

Three Crowns Critical Metals Inc. is a Canadian-based junior mineral exploration firm strategically positioned in the Vasterbotten District of northern Sweden, a region historically recognized for its prolific geological endowment and Tier-1 mining jurisdiction status. The Company's portfolio is characterized by a dual-commodity focus, balancing a substantial nickel-copper-cobalt resource base with high-potential gold exploration targets along the "Gold Line" (Knaften-Barsele Arc).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain statements in this news release may constitute "forward-looking information" within the meaning of applicable securities laws (also known as forward-looking statements), including but not limited to the Company's anticipated change in ticker on the OTC Pink Market. Forward-looking information involves known and unknown risks, uncertainties and other factors, and may cause actual results, performance or achievements or industry results, to be materially different from any future results, performance or achievements or industry results expressed or implied by such forward-looking information. Forward-looking information generally can be identified by the use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "feel", "intend", "may", "plan", "predict", "project", "subject to", "will", "would", and similar terms and phrases, including references to assumptions. Forward-looking information is based on a number of key expectations and assumptions made by the Company, including, without limitation that the Company's change in ticker will be successfully processed on the OTC Pink Market. Forward-looking information is provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information involves significant risks and uncertainties and should not be read as a guarantee of future performance or results as actual results may differ materially from those expressed or implied in such forward-looking information. Those risks and uncertainties include, among other things, the risks and uncertainties disclosed in the Company's continuous disclosure materials filed under the Company's profile on SEDAR+ at www.sedarplus.ca. Management believes that the expectations reflected in the forward-looking information contained herein are based upon reasonable assumptions and information currently available; however, management can give no assurance that actual results will be consistent with such forward-looking information. The forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement. The forward-looking information is stated as of the date of this news release and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.