Trailbreaker Closes $3.5m Flow-Through Financing

(TheNewswire)

March 25, 2026 – TheNewswire - Trailbreaker Resources Ltd.(TBK.V) (“Trailbreaker” or “theCompany”), further to its news releases datedFebruary 26, 2026, March 3, 2026, and March 11, 2026, is pleased toannounce that it has closed its non-brokeredcharity flow-through private placement (the “Offering”) for grossproceeds of $3.5 million. The Company has issued:

a) 2,500,000 CMETC flow-throughunits (“CMETC FT Units”) at a price of $0.56 per CMETC FT Unit,for aggregate gross proceeds of $1.4 million, to fund critical mineralexploration expenses, each CMETC FT Unit consisting of 1 CMETC FTcommon share and ½ of a common share purchase warrant, each of whichwill qualify as a "flow-through share" within the meaning ofsubsection 66(15) of the Income Tax Act (Canada) (the"Tax Act").  Each full warrant is exercisable at $0.50 for 24months from the date of issue for onenon-flow-through common share; and

b) 4,200,000 flow-through units(“FT Units”) at a price of $0.50 per FT Unit for aggregate grossproceeds of $2.1 million, each FT Unit consisting of 1 FT commonshare and ½ of a common share purchase warrant, each of which willqualify as a "flow-through share" within the meaning ofsubsection 66(15) of the Tax Act. Each full warrant is exercisable at$0.50 for 24 months from the date of issue forone non-flow-through common share.

All of the FT Units and CMETC FTUnits issued pursuant to the Offering are subject to a hold period inCanada of four months plus one day from closing.

The Company has paid cash finders’ fees totaling$108,150 and issued 324,000 non-transferable broker warrantsexercisable at $0.50 for 2 years, in accordance with Exchangepolicies.

The Company will use an amount equal to the grossproceeds received by the Company from the sale of the FT Units and theCMETC FT Units, pursuant to the provisions in the Tax Act, to incureligible “Canadian exploration expenses” that qualify, in the caseof the FT Units, as “flow-through mining expenditures” within themeaning of the Tax Act, and, in the case of the CMETC FT Units, as“flow-through critical mineral mining expenditures” within themeaning of the Tax Act, and, in each case, for FT Units and CMETC FTUnits purchased by eligible British Columbia purchasers, as "BCflow-through mining expenditures" that meet the criteria setforth in subsection 4.721(1) of the Income Tax Act(British Columbia), in respect of the exploration activities on theCompany's properties in British Columbia (the “QualifyingExpenditures”). The Qualifying Expenditures will be incurred on orbefore December 31, 2027, and renounced by the Company to the initialpurchasers of the FT Units and CMETC FT Units effective December 31,2026.

The proceeds of the Private Placement will be used toadvance the Company’s various exploration projects.

The Offering is subject to final Exchange approval.

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

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