GOLD Runner Exploration Announces Issuance of Shares IN Lieu of Cash Payment FOR Debt

330 5th Ave, Suite 1800

Calgary, AB T2P 0L3

www.goldrunnrerexploration.com

GOLD RUNNER EXPLORATION ANNOUNCES ISSUANCE OF SHARES IN LIEU OF CASH

PAYMENT FOR DEBT

Vancouver, Canada, October 14, 2025 – Gold Runner Exploration Inc. (CSE: GRUN, Frankfurt: CE7)

(“Gold Runner” or the “ Company”) is pleased to announce the settlement of certain debts owed by the

Company by the issuance of securities, subject to Canadian Securities Exchange approval. The Company

will issue securities to certain directors, officers and vendor of the Company in lieu of paying cash that is

owed to these individuals (“ Securities for Debt ”). Pursuant to the Securities for Debt transaction and

subject to Canadian Securities Exchange approval, an aggregate of 920,000 units will be issued as follows:

800,000 units to directors and officers of the Company in lieu of paying management and director fees that

were accrued by these individuals for their services rendered to the Company; and 120,000 units to a third-

party vendor for fees accrued by the Company. Each unit issued pursuant to the Securities for Debt

transactions consists of one common share of the Company and one half common share purchase warrant

of the Company, and each whole warrant is exercisable into one common share of the Company at a price

of $0.30 for a term of three years from the date of issuance.

The participation by the insiders in the Securities for Debt is considered a "related party transaction" as

defined for the purposes of Multinational Instrument 61- 101 - Protection of Minority Security Holders in

Special Transactions ("MI 61-101"). The related party transaction is exempt from the formal valuation and

minority approved requirements pursuant to sections 5.5(a)and 5.7(1)(a) of MI 61- 101 respectively, as

neither the fair market value of the contemplated securities being issued to dir ectors and officers of the

Company, nor the proceeds for such securities received by the Company will exceed 25% of the Company’s

market capitalization, as calculated in accordance with MI 61 -101. The Company did not file a material

change report at least 21 days pri or to completion of the Securities for Debt transactions as the details of

the participation by the related party had not been determined at that time. The Securities for Debt

transactions do not result in any new insider or control person of the Company.

None of the securities offered in connection with the Securities for Debt transactions will be registered

under the United States Securities Act of 1933, as amended, or the securities laws of any state of the United

States.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be

any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

On Behalf of the Board of Directors,

“Chris Wensley”, CEO

About Gold Runner Exploration Inc:

Gold Runner Exploration is an experienced exploration company focused on the exploration and development of its

portfolio of gold and silver properties located in prolific mining districts of Canada and the USA..

Rock Creek gold project is Gold Runner 's flagship asset, with 74 unpatented lode mining claims wholly owned and

controlled by the Company. Emboldened by the results coming out of Rock Creek, the Company strategically expanded

the land position with the acquisitions of the nearby Dry Creek prospect and the Falcon silver -gold prospect in

September 2022. Between the three properties, all targeting similar mineralization and likely the same hydrothermal

system, Gold Runner Exploration now holds 239 total claims in close proximity to one another. These three gold

prospects are situated in a region with proven "world class" gold deposits (including Midas, Jerritt Canyon, Betze -

Post, Meikle, and Gold Quarry), where the potential of finding large, high-grade gold-silver deposits is favourable.

Gold Runner also holds a 10% carried interest in the Cimarron project located in the San Antonio Mountains of Nye

County, Nevada, and comprised of 31 unpatented lode mining claims, including control of 6 historically producing

claims associated with the historic San Antonio mine. The property is located in the prolific Walker -Lane trend,

approximately 44 kms south of the "world class" Round Mountain deposit.

For further information please contact:

Chris Wensley, Chief Executive Officer

Email: [email protected]

Forward-Looking Information

This news release includes certain information that may be deemed “forward-looking information” under applicable securities

laws. All statements in this release, other than statements of historical facts, including but not limited to those that address

acquisition of any properties and future work thereon, mineral resource and reserve potential, exploration activities and events or

developments that the Company expects is forward-looking information. Although the Company believes the expectations expressed

in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual

results or developments may differ materially from those in the statements. There are certain factors that could cause actual results

to differ materially from those in the forward-looking information. These include the results of the Company’s due diligence

investigations, market prices, exploration successes, continued availability of capital financing, and general economic, mark et or

business conditions, and those additionally described in the Company’s filings with the Canadian securities authorities.

Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may

differ materially from those projected in the forward -looking information. For more information on the Company, investors are

encouraged to review the Company’s public filings at www.sedar.com. The Company disclaims any intention or obligation to

update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than

as required by law.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS

REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE