Guardian Exploration Issues Stock Options

(TheNewswire)

Calgary, Alberta – June 1, 2026 -TheNewswire – Guardian Exploration Inc. (TSXV: GX)(OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Company”)announces that it has issued 3,850,000 incentive stock optionsto consultants and advisors to the Company (“Consultants”).

Each option entitles the Consultants to purchase onecommon share in the capital of the Company at an exercise price percommon share of $0.29 for a period of three years, which options shallvest quarterly in equal instalments over 24 months.  The stockoptions are not transferrable.  The common shares issued uponexercise of the stock options will be subject to a four-month resalerestriction from the date of grant.

About Guardian ExplorationInc.

Guardian Exploration Inc. is a Canadian mineral exploration companyfocused on the acquisition and development of highly prospectiveexploration assets in mining-friendly jurisdictions. The Company’sportfolio includes projects prospective for gold, silver, copper,zinc, and critical minerals located in Yukon, Nunavut, and Alaska.

Bottom of Form

On Behalf of the Board of GuardianExploration Inc.

“Graydon Kowal”

Graydon Kowal
President & Chief Executive Officer

FOR FURTHER INFORMATION PLEASECONTACT:

Graydon Kowal
President & Chief Executive Officer
Tel: (403) 730-6333

Email: gkowal@guardianex.com

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.

CAUTIONARY STATEMENT REGARDINGFORWARD-LOOKING INFORMATION:

Forward-looking statements in thisnews release are based on management’s expectations as of the datehereof and relate primarily to the Company’s 2026 exploration plans,project evaluation activities, and strategic objectives.

This news release includes certain“forward-looking statements” within the meaning of applicableCanadian securities legislation. Forward-looking statements include,but are not limited to, statements regarding planned or futureexploration activities, potential follow-up programs, the advancementof exploration targets, potential drilling programs, futurepermitting, and the Company’s strategic objectives andpriorities.

Forward-looking statements arenecessarily based upon a number of estimates and assumptions that,while considered reasonable at the time they are made, are subject toknown and unknown risks, uncertainties, and other factors that maycause actual results or future events to differ materially from thoseexpressed or implied by such forward-looking statements. These risksand uncertainties include, but are not limited to, exploration anddevelopment risks, results of exploration activities, availability offinancing, receipt of regulatory and stock exchange approvals,permitting timelines, environmental and Indigenous consultationprocesses, operational and logistical challenges, commodity pricefluctuations, and general economic and market conditions.

There can be no assurance thatforward-looking statements will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated. Accordingly, readers should not place undue reliance onforward-looking statements. Guardian Exploration Inc. disclaims anyintention or obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events, orotherwise, except as required by applicable law.

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