Conquest Resources Reports Results of Annual and Special Meeting of Shareholders

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CONQUEST RESOURCES REPORTS RESULTS OF

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Toronto, Ontario, June 17, 2025 - Conquest Resources Limited (TSX-V: CQR) (“Conquest” or the

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

12, 2025 at which all resolutions were approved and passed.

ELECTION OF DIRECTORS

All of the nominees for election as director, being 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 19,762,439 72.23% 7,596,869

Jamie Levy 12,583,293 45.99% 14,776,015

Terence McKillen 19,762,439 72.22% 7,596,869

Tom Obradovich 20,289,038 74.41% 7,070,270

Peter Palframan 20,289,038 74.41% 7,070,270

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 27,279,308 votes (99.7%) in favour and 80,000 votes (0.3%) withheld.

APPROVAL OF THE COMPANY’S STOCK OPTION PLAN

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

27,145,038 votes (99.2%) in favour and 214,270 votes (0.8%) 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.

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

C a m p a t E m e r a l d L a k e , O n t a r i o , w h i c h i s b e l i e v e d t o h a v e e x c e p t i o n a l e x p l o r a t i o n u p s i d e f o r

magmatic sulphide deposits (Cu-Ni-PGE), volcanic massive sulphides, IOCG, iron formation hosted

Au and Paleo-placer Au.

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The Belfast -TeckMag Project is the Company’s flagship property, 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 Project and TeckMag Property.

Conquest now controls over 300 square kilometres 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 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, exploration 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 act ual 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 will prove to be correct. Readers are cautioned not to place undue reliance on the se 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.