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FTUR.V ·

Saville Announces Adoption of New Articles and Planned NAME Change to Future Fuels Inc.

Corporate Actions

1450, 789 West Pender Street

Vancouver, BC V6C 1H2

t. 604 681 1568

[email protected]

www.savilleres.com

SAVILLE ANNOUNCES ADOPTION OF NEW ARTICLES AND PLANNED NAME

CHANGE TO FUTURE FUELS INC.

VANCOUVER, B.C., November 1, 2024 – Saville Resources Inc. (TSXV: SRE, FSE: S0J) (the “Company”) reports that, at

the Company’s Annual General and Special Meeting of the shareholders of the Company (the “Shareholders”) held on

October 31, 2024, the Shareholders voted in favour of all resolutions set out in the Company’s notice of annual general

and special meeting of shareholders and information circular dated September 27, 2024 (the “Circular”).

Shareholders voted in favour of setting the number of directors at four; the election of Robert Leckie, Mike Hodge, Alicia

Milne and Kevin Bottomley as directors for the ensuing year; the approval and confirmation of the Company’s omnibus

equity incentive plan ; and cancelation of the Company’s existing articles and adoption of new articles (the “ New

Articles”), all as more particular described in the Circular. A copy of the New Articles is available under the Company’s

profile on SEDAR+ at https://www.sedarplus.ca.

In addition, the Company is pleased to announce that it intends to change its name to “Future Fuels Inc. ” (the “Name

Change”). The effective date of the Name Change and further details, including the new ticker symbol and CUSIP/ISIN

numbers for the common shares of the Company, will be announced in a subsequent news release. Shareholders will

not be required to take any action in connection with the Name Change. The Name Change remains subject to the

Company receiving all necessary approvals, including approval of the Exchange.

About Saville Resources Inc.

Saville Resources’ principal asset is the Hornby Uranium Project, covering the entire 3,407 km² Hornby Basin in north-

western Nunavut, a geologically promising area with over 40 underexplored uranium showings, including the historic

Mountain Lake Deposit. Additionally, Saville Resources holds the Covette Property in Quebec’s James Bay region,

comprising 65 mineral claims over 3,370 hectares.

On behalf of the Board of Directors

SAVILLE RESOURCES INC.

“Rob Leckie”

Rob Leckie, CEO

Tel: 604.681.1568

The Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the

Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Exchange) accepts responsibility

for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United

States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended

(the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S.

person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such

registration is ava ilable.

Forward-Looking Statements

This news release contains “forward -looking information” and “forward -looking statements” (collectively, “forward -

looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than

statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as

at the date of this news release. All statements that address activities, events, or developments that the Company expects

or anticipates will, or may, occur in the future, are forward-looking statements, including statements regarding: the Name

Change, including the effective date of the Name Change; and the Company's business prospects, future trends, plans and

strategies. In some cases, forward looking statements are preceded by, followed by, or include words such as “may”, “will,”

“would”, “could”, “should”, “believes”, “estimates”, “projects”, “potential”, “expects”, “plans”, “anticipates”, “continues”, or the

negative of those words or other similar or comparable words. In preparing the forward-looking statements in this news

release, the Company has applied several material assumptions, including, but not limited to, timely receipt of all necessary

approvals required for the Name Change, including regulatory approvals of the Exchange, and that general business and

economic conditions will not change in a materially adverse manner. These forward -looking statements are based on

reasonable assumptions and estimates of management of the Company at the time such statements were made. Actua l

future results may differ materially as forward -looking statements involve known and unknown risks, uncertainties and

other factors which may cause the actual results, performance or achievements of the Company to materially differ from

any future results, performance or achievements expressed or implied by such forward-looking statements. Although the

forward-looking statements contained in this news release are based upon what management of the Company believes, or

believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be

consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated,

estimated or intended. Readers should not place undue reliance on the forward -looking statements and information

contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs,

opinions, projections, or other factors.