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EDM.V ·

EDM Announces Results of the Annual General Meeting

Shareholder Meetings

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NEWS RELEASE AUGUST 24, 2026

EDM ANNOUNCES RESULTS OF THE ANNUAL GENERAL MEETING

Halifax, Nova Scotia, August 24, 2026 – EDM Resources Inc. (TSX-V: EDM; FSE: P3Z; OTCQB: EDMFF) (“EDM” or

the “Company”) announces the results of its Annual General Meeting of Shareholders (the “Meeting”) held on August 21,

2026.

A total of 31,563,292 common shares, representing approximately 39.27% of the Company’s issued and outstanding

common shares, were represented at the Meeting in person or by proxy.

Election of Directors

Shareholders voted on the election of directors of the Company. The results were as follows:

Nominee Votes

FOR

Percentage

FOR

Votes

WITHHELD

Percentage

WITHHELD

Mark Haywood 30,900,497 98.21% 562,795 1.79%

Eugene Chen 30,756,747 97.75% 706,545 2.25%

Justin Barragan 20,148,468 100.00% 0 0.00%

Manish Grigo 20,148,468 100.00% 0 0.00%

Mark Van Remortel 20,148,468 100.00% 0 0.00%

Ashwath Mehra 10,302,798 91.06% 1,012,026 8.94%

Mark Billings 10,216,048 90.29% 1,098,776 9.71%

Rajesh Sharma 10,215,795 90.29% 1,099,029 9.71%

Following the shareholder vote to set the number of directors at five, Mark Haywood, Eugene Chen, Justin Barragan, Manish

Grigo and Mark Van Remortel were elected as directors of the Company and will hold office until the next annual meeting

of shareholders or until their successors are duly elected or appointed.

Other Meeting Matters

Shareholders also:

• Set the number of directors at five (5);

• Re-appointed Clearhouse LLP as the Auditor of the Company for the ensuing year and authorized the directors to

fix the auditor’s remuneration; and

• Re-approved the Company’s Stock Option Plan and the Restricted Stock Unit Incentive Plan.

The Company thanks its shareholders for their strong participation in the Meeting and their continued support. The newly

constituted Board looks forward to working with management as EDM advances the Scotia Mine toward a planned restart.

About EDM Resources Inc.

EDM is a Canadian exploration and mining company that holds a 100% interest in the Scotia Mine and related facilities

near Halifax, Nova Scotia. Through its wholly owned subsidiary, EDM also holds several prospective exploration licenses

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near its Scotia Mine and in the surrounding regions of Nova Scotia.

The Company’s common shares are traded on the TSX Venture Exchange under the symbol “EDM”, the Frankfurt

Exchange under the symbol “P3Z”, and the OTCQB ® Venture Market under the symbol “EDMFF” . For more

information, please contact:

Mark Haywood President & Chief Executive Officer

Arnab De Chief Financial Officer

Manish Grigo Corporate Development

Telephone +1 (902) 482 4481

Facsimile +1 (902) 422 2388

Email [email protected]

The Company’s corporate filings and technical reports can be viewed on the Company’s SEDAR+ profile at

www.sedarplus.ca.

Further information on EDM is also available on the Company’s website and social media channels as follows:

Internet at www.EDMresources.com

Facebook at http://www.facebook.com/EDMresources.inc

X at https://www.x.com/EDMresources

LinkedIn at http://www.linkedin.com/company/EDMresources

YouTube at https://youtube.com/@edmresources?si=Bvyighil3mSoOKnD

CAUTIONARY STATEMENTS

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 news release.

This news release may contain forward-looking statements, including plans, objectives, estimates, and expectations

regarding EDM Resources Inc.’s future activities. Such statements are identified by words like “believes,” “expects,”

“plans,” “estimates,” “may,” “could,” or similar terms. Forward-looking statements are subject to risks, uncertainties, and

assumptions that could cause actual results to differ materially from those anticipated. These include, but are not limited

to, mineral resource estimates, exploration and development results, project timing, market conditions, commodity prices,

financing, and operational risks. For a discussion of risk factors, please refer to EDM’s Management Discussion and

Analysis for the year ended December 31, 2025. EDM does not guarantee the accuracy of forward-looking statements

and readers should not place undue reliance on them.