Nuinsco Expands Private Placement

(TheNewswire)

Toronto – TheNewswire - January 19, 2026–Nuinsco Resources Limited (“Nuinsco” or the “Company”) (CSE:NWI) today announced it has increased the size of the non-brokeredprivate placement of flow-through common shares (“Flow-Through Shares”) and common shares (“Common Shares,”collectively the “PrivatePlacement”) announced on November 7, 2025.Under the Private Placement, the Company may now issue up to160,000,000 Flow-Through Shares and/or Common Shares, dependent oninvestor demand, priced at $0.005 (the “Subscription Price”) for an aggregate amount of $800,000. The PrivatePlacement is expected to close on or about February 2, 2026.

On January 8, 2026, the Company announced it issued73,180,000 common shares (each, a“Share”) at the Subscription Price for aggregate proceeds of$365,900. In connection with the Private Placement, the Company paidcertain finders aggregate cash fees of $10,827 and grantedfinder warrants (the"FinderWarrants"). Each Finder Warrant entitlesthe holder to purchase one common share of the Company at theSubscription Price until June 30, 2027. All securities issued pursuantto the Private Placement are subject to a four month plus one daystatutory hold period following their issuance in accordance with thepolices of the Canadian Securities Exchange and applicable Canadiansecurities laws.

Proceeds from the Private Placement will be used toadvance the Company’s Prairie Lake critical metals project locatednear Terrace Bay, Ont.

About Nuinsco ResourcesLimited

Nuinsco Resources has over 50years of exploration suc­cess and is a growth-oriented,multi-commodity mineral explora­tion and development company focusedon prospective oppor­tunities in Canada and internationally.Currently the Company has the large multi-commodity (phosphate, rareearth elements, niobi­um,tantalum) Prairie Lake Project near Marathon-Terrace Bay, the Zig ZagLake Property (lithium, tantalum) near Armstrong optioned to FirstClass Metals PLC, and the el Sid near-term gold project in Egypt andretains a NSR royalty on the Sunbeam Gold Property near Atikokan. 

Forward-LookingStatements

The information in this news releasemay contain forward-lookingstatements or information (collectively, “FLI”) within the meaning of applicableCanadian securities legislation. FLI is based on expectations,estimates, projections, and interpretations as at the date of thisdocument.

All statements, other thanstatements of historical fact, included herein are FLI that involvevarious risks, assumptions, estimates and uncertainties. Generally,FLI can be identified by the use of statements that include, but arenot limited to, words such as “seeks”, “believes”,“anticipates”, “plans”, “continues”, “budget”,“scheduled”, “estimates”, “expects”, “forecasts”,“intends”, “projects”, “predicts”, “proposes”,"potential", “targets” and variations of such words andphrases, or by statements that certain actions, events or results“may”, “will”, “could”, “would”, “should” or“might”, “be taken”, “occur” or “be achieved.”

FLI in this document may include, but is not limited to:statements regarding the useof proceeds of the Private Placements; the Company’s explorationplans, the tax treatment of the securities issued under the PrivatePlacement under the Income Tax Act (Canada); the timing to renounceall qualifying expenditures in favour of the subscribers (if at all);and the future prospects of The Company.

FLI is designed to help youunderstand management’s current views of its near- and longer-termprospects, and it may not be appropriate for other purposes.  FLI bytheir nature are based on assumptions and involve known and unknownrisks, uncertainties and other factors which may cause the actualresults, performance, or achievements of the Company to be materiallydifferent from any future results, performance or achievementsexpressed or implied by such FLI. Although the FLI contained in thisdocument is based upon what management believes, or believed at thetime, to be reasonable assumptions, the Company cannot assureshareholders and prospective purchasers of securities of the Companythat actual results will be consistent with such FLI, as there may beother factors that cause results not to be as anticipated, estimatedor intended, and neither the Company nor any other person assumesresponsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumesno obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances.Unless otherwise noted, this document has been prepared based oninformation available as ofthe date of this document. Accordingly, you should not place unduereliance on the FLI, or information contained herein.

Furthermore, should one or more ofthe risks, uncertainties or other factors materialize, or shouldunderlying assumptions prove incorrect, actual results may varymaterially from those described in FLI.

Assumptions upon which FLI is based,without limitation, include: the results of exploration activities,the Company’s financial position and general economic conditions;the ability of exploration activities to accurately predictmineralization; the accuracy of geological modelling; the ability ofthe Company to complete further exploration activities; the legitimacyof title and property interests in the Deposits; the accuracy of keyassumptions; the ability of the Company to obtain required approvals;geological, mining and exploration technical problems; and failure ofequipment or processes to operate as anticipated; the evolution of theglobal economic climate; metal prices; foreign exchange rates;environmental expectations; community and non-governmental actions;and, the Company’s ability to secure required funding. Risks and uncertainties about TheCompany's business are discussed in the disclosure materialsfiled with the securities regulatory authorities in Canada, whichare available at www.sedarplus.ca.

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