Mr. Bart Jaworski reports

GROUP ELEVEN ANNOUNCES ISSUANCE OF STOCK OPTIONS AND DSUS

Group Eleven Resources Corp. has granted 2.71 million incentive stock options to directors, officers and employees pursuant to the terms of the company's stock option plan. These options vest over a period of two years from the date of grant, have an exercise price of 66 cents per share and will expire five years from the date of grant.

The company also announces that, pursuant to its deferred share unit plan, it has granted 79,998 DSUs for services rendered in 2025 and 57,453 DSUs for services rendered in the first three quarters of 2026 to independent directors of the company. Each DSU entitles the holder, when settled, to receive one common share (or, as otherwise determined by the board of directors, a cash amount equal to the value of one common share).

About Group Eleven Resources Corp.

Group Eleven is actively drilling its 100-per-cent-owned Ballywire zinc-lead-silver-copper discovery located in the Republic of Ireland. Ballywire is located 20 kilometres from the company's 78.62-per-cent-owned Stonepark property, which itself is located adjacent to Glencore's Pallas Green project. The company's two largest shareholders are Michael Gentile (13.6-per-cent interest) and Glencore Canada Corp. (12.8 per cent).