Mr. Terry Harbort

TALISKER ANNOUNCES UPSIZE OF BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO $7.0 MILLION

As a result of strong investor demand, Talisker Resources Ltd. has increased the maximum gross proceeds of its previously announced best-efforts private placement from $6.5-million to $7-million. The revised offering comprises the sale of up to 14 million units of the company at a price of 50 cents per unit. All amounts are in Canadian dollars unless otherwise noted. Under the offering, Red Cloud Securities Inc. is acting as lead agent and sole bookrunner.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at an exercise price of 75 cents for a period of 36 months after the closing date (as defined below).

Red Cloud will have an option, exercisable in full or in part, up to 48 hours prior to the closing date, to sell up to an additional two million units at the offering price for up to an additional $1-million in gross proceeds.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 -- Prospectus Exemptions (NI 45-106), up to 11.32 million units that may be sold under the offering (the LIFE units) will be offered for sale to purchasers in all of the provinces of Canada, other than Quebec (the Canadian selling jurisdictions), pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. The common shares and warrant shares underlying the LIFE units are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in the Canadian selling jurisdictions.

A revised offering document related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision.

The offering is scheduled to close on or about April 29, 2025, or such other date within 45 days from the date hereof as is mutually agreed upon by the company and Red Cloud and is subject to customary conditions including the receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange.

The company intends to use the net proceeds from the offering for the continued advancement of the company's flagship Bralorne gold project in British Columbia, as well as for general corporate purposes and working capital.

About Talisker Resources Ltd.

Talisker is a junior resource company involved in the exploration and development of gold projects in British Columbia, Canada. Talisker's flagship asset is the high-grade, fully permitted Bralorne gold project where the company is currently transitioning into underground production at the Mustang mine. Talisker projects also include the Ladner gold project, an advanced stage project with significant exploration potential from an historical high-grade producing gold mine and the Spences Bridge project where the company has a significant landholding in the emerging Spences Bridge gold belt, and several other early stage greenfield projects.

We seek Safe Harbor.