OTCQB | Nbrff Carlton Announces Results of Annual and Special Meeting of Shareholders

TSXV | CPI

OTCQB | NBRFF

CARLTON ANNOUNCES RESULTS OF

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Toronto, Ontario, July 7, 2025 – Carlton Precious Inc. (TSX -V: CPI | OTCQB: NBRFF) ("Carlton" or

the "Company") is pleased to announce the results of its annual and special meeting of shareholders (the

“Meeting”) held July 3, 2025.

A total of 28,620,194 common shares of the Company were represented at the Meeting, representing

approximately 42% of the total number of common shares of the Company issued and outstanding. All

matters presented for approval at the Meeting were duly authorized and approved including: (1) setting the

board of directors at five; (2) election of all five management nominees (Marc Henderson (Chair), Matthew

Andrews, Markus Janser, Campbell Smyth and Martin Walter (CEO)) to the board of directors of the

Company; (3) the appointment of DeVisser Gray LLP as auditors of the Company for the ensuing year and

authorization of the directors to fix their remuneration; and (4) re-approval of the stock option plan.

About Carlton Precious Inc.

Carlton Precious is a publicly traded precious and base metals exploration company listed on the TSX

Venture Exchange. The Company is managed by a team of experienced mining and geological

professionals. Carlton Precious’ projects are focused on key mining jurisdictions including Peru and

Australia (central Victoria and Tasmania).

For further information, please contact:

Martin Walter, CEO, Carlton Precious Inc., at +1-416-389-5692 or [email protected].

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.