Mr. Fraser Laschinger reports

VOYAGEUR MINERAL ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID

Voyageur Mineral Explorers Corp. intends to commence a normal course issuer bid (NCIB), under which it may purchase up to an aggregate of 1,613,419 common shares of the company, representing approximately 5 per cent of the 32,268,397 issued and outstanding common shares.

The company may purchase common shares under the NCIB over a 12-month period beginning on Feb. 4, 2025, and ending on Feb. 3, 2026. All common shares purchased under the NCIB will be purchased on the open market through the facilities of the Canadian Securities Exchange (CSE) at the prevailing market price of the common shares at the time of purchase and in accordance with the policies of the CSE and applicable Canadian securities laws.

The company will finance the purchases of common shares under the NCIB with cash on hand. The exact timing and amount of any purchases of common shares made pursuant to the NCIB will depend on market conditions and other factors. The company is not obligated to acquire any common shares and may suspend or discontinue purchases under the NCIB at any time. Any common shares purchased by the company under the NCIB will be cancelled upon their purchase.

Subject to the maximum number of common shares which may be purchased under the NCIB, the company may purchase under the NCIB up to such number of common shares equal to 2 per cent of its issued and outstanding common shares over any 30-trading day period.

The company intends to commence the NCIB as it believes that the market price of the common shares may not fully reflect the value of its business and prospects, and as such, it believes that purchasing its own common shares for cancellation is an appropriate strategy for increasing long-term shareholder value and represents an appropriate use of the company's financial resources.

The company has appointed Leede Financial Inc. to co-ordinate and facilitate the NCIB transactions on its behalf.

About Voyageur Mineral Explorers Corp.

Voyageur is a Canadian junior mineral exploration company with a specific focus on mineral properties in northwestern Manitoba and northeastern Saskatchewan, Canada. The company owns a valuable package of royalties in the prolific Flin Flon greenstone belt, and has assembled a portfolio of base metal and precious metal prospects in Manitoba and Saskatchewan.

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