Monday, September 14, 2026
MiningNewsTerminal
Monday, September 14, 2026 Admin

CQR.V ·

Conquest Resources Reports Results of Annual and Special Meeting of Shareholders

Financials Corporate Updates

1

CONQUEST RESOURCES REPORTS RESULTS OF

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Toronto, Ontario, June 12, 2026 - Conquest Resources Limited (TSX-V: CQR) (“Conquest” or the

“Company”) reports that it held its Annual and Special Meeting of Shareholders on Thursday, June

11, 2026 at which all resolutions were approved and passed.

ELECTION OF DIRECTORS

All of the nominees for election as director , John F. Kearney, Jamie Levy, Terence McKillen, Tom

Obradovich and Peter Palframan, were elected to serve until the next meeting of shareholders.

The voting results were as follows:

Director Votes For % of Votes For Votes Withheld

John F. Kearney 24,770,142 74.88% 8,308,600

Jamie Levy 22,492,455 67.99% 10,586,287

Terence McKillen 24,769,855 74.88% 8,308,887

Tom Obradovich 23,051,342 69.69% 10,027,400

Peter Palframan 25,328,742 76.57% 7,750,000

RE-APPOINTMENT OF AUDITOR

Shareholders approved the re-appointment of Simone & Company as the Company’s auditor for the

current fiscal year. The directors were authorized to fix the remuneration of the auditor. The resolution

was approved with 33,078,455 votes (99.9%) in favour and 287 votes (0.001%) withheld.

APPROVAL OF THE COMPANY’S STOCK OPTION PLAN

Shareholders ratified the Company’s Stock Option Plan. The resolution was approved with

32,867,970 votes (99.36%) in favour and 210,772 votes (0.63%) against.

ABOUT CONQUEST

Conquest Resources Limited, incorporated in 1945, is a mineral exploration company that is exploring

for base metals and gold on mineral properties in Ontario and Finland.

Conquest recently acquired the Valimaki Gold Project in southwestern Finland, a district -scale gold

exploration property with extensive historical exploration and drilling. Valimaki is situated within the

Svecofennian geological domain between two major r egional shear zones and hosts orogenic- style gold

mineralization associated with quartz veining and arsenopyrite -bearing amphibolite -grade volcanic,

sedimentary, and intrusive rocks.

2

Conquest has completed a high -resolution drone magnetic survey on the Valimaki Project and is

currently geologically mapping the property in detail to establish drill targets. Targets will be drilled upon

receipt of permits.

Conquest holds a 100% interest in the Belfast -TeckMag Project, located in the Temagami Mining Camp

at Emerald Lake, Ontario, which is believed to have exceptional exploration upside for magmatic sulphide

deposits (Cu-Ni-PGE), VMS, IOCG, Iron formation host ed Au and Paleo-placer Au.

The Belfast -TeckMag Project , evolved from the Golden Rose Project, which was initially acquired in

December 2017, and significantly augmented through the acquisition of Canadian Continental

Exploration Corp. ("CCEC") in 2020 and subsequent additional claim staking and purchases in its adjacent

Belfast Copper Property and TeckMag Property.

Conquest now controls over 300 square kilometers of underexplored territory in the Temagami Mining

Camp, including the past producing Golden Rose Mine at Emerald Lake.

Conquest also holds a 100% interest in the Alexander Gold Property located immediately east of the Red

Lake and Campbell mines in the heart of the Red Lake Gold Camp along the important "Mine Trend"

regional structure. Conquest's property is almost entirel y surrounded by Evolution Mining landholdings.

In addition, the Company holds interests in the Smith Lake Gold Property near Missinaibi, Ontario, and

the King Bay Gold Property at Sturgeon Lake, in northwestern Ontario, and Lake Nipigon Basin Property.

FOR FURTHER INFORMATION CONTACT:

[email protected] www.ConquestResources.com

Tom Obradovich

President & Chief Executive

416-985-7140

Forward-looking statements: This news release contains certain “forward- looking statements” within the meaning of

applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding

the Company’s expectations, plans, exploratio n activities, proposed expenditures, potential mineralization, and the timing

and content of upcoming work programs. Forward-looking information can often be identified by words such as

“anticipates”, “believes”, “expects”, “intends”, “plans”, “estimates”, “may”, “will”, “should”, and similar expressions

suggesting future outcomes or events. These statements are based on current expectations and assumptions that involve a

number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from

those anticipated in such statements. Such risks include but are not limited to: exploration results not being indicative of

future results; variations in mineral grade or recovery rates; delays or failures in obtaining necessary permits; changes in

commodity prices, capital market conditions, and general economic conditions. Although the Company believes the

assumptions and expectations reflected in such forward-looking statements are reasonable, no assurance can be given that

these expectations wi ll prove to be correct. Readers are cautioned not to place undue reliance on these forward- looking

statements. The Company undertakes no obligation to update or revise forward -looking information, except as required by

law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.