Private Placement Closing Press Release

High Tide Resources Announces Closing of Non-Brokered Private

Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR

DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Toronto, ON – August 22, 2025 – High Tide Resources Corp. (“High Tide Resources ” or the “Company”)

(CSE: HTRC) is pleased to announce the closing of its previously announced non-brokered private placement

offering of 7,500,000 common shares of the Company (the “ Common Shares ”) at a price of $0. 05 per

Common Share for aggregate gross proceeds of up to $ 375,000 (the “Offering”).

The net proceeds from the issue and sale of the Common Shares will be used for metallurgical testwork of

the Labrador West Iron Project and for general corporate and working capital purposes. The Offering is

subject to the final acceptance of the Canadian Securities Exchange (the “CSE”). The Common Shares are

subject to a hold period of four months and one day from the Closing Date, in accordance with applicable

Canadian securities laws.

Certain director and insiders of the Company (the “Insiders”) subscribed to the Offering for an aggregate of

2,300,000 Common Shares . This issuance of Common Shares to the Insider constitutes a “related party

transaction” as such term is defined under Multilateral Instrument 61 -101 – Protection of Minority Security

Holders in Special Transactions (“MI 61-101”). The Company is relying on an exemption from the formal

valuation and minority shareholder approval requirements provided under MI 61 -101 pursuant to section

5.5(a) and section 5.7(1)(a) of MI 61-101, on the basis that the participation in the Offering by Insiders does

not exceed 25% of the fair market value of the Company’s market capitalization.

The securities issued under the Offering have not been and will not be registered under the U.S. Securities

Act of 1933, as amended, and were not to be offered or sold in the United States absent registration or an

applicable exemption from the registration requirements . This news release shall not constitute an offer to

sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or

in any other jurisdiction in which such offer, solicitation or sale would b e unlawful.

About High Tide Resources Corp.

High Tide is focused on and committed to the development of mineral projects critical to infrastructure

development using industry best practices combined with a strong social license from local communities.

High Tide owns a 100% interest in the Labrador W est Iron Project which hosts a NI 43 -101 Inferred iron

resource of 654.9 Mt @ 28.84% Fe and is located adjacent to IOCC’s Carol Lake Mine in Labrador City, NL.

This resource is exposed at surface and was pit constrained for an open -pit mining scenario. The Technical

Report was filed on SEDAR on April 6, 2023 and was authored by Ryan Kressall M.Sc., P. Geo, Matthew

Herrington, M.Sc., P. Geo, Catharine Pelletier, P. Eng. and Jeffrey Cassoff P. Eng.

The Company also owns a 100% interest in the Lac Pegma copper -nickel-cobalt deposit located 50

kilometres southeast of Fermont, Quebec.

Further details on the Company, including a NI 43 -101 technical report on the Labrador West Iron property

can be found on the Company’s website at www.hightideresources.com .

Qualified Person

The technical information contained in this news release has been approved by Steve Roebuck P.Geo.,

Director, President and Interim CEO of High Tide, who is a Qualified Person as defined in National

Instrument 43-101 - Standards of Disclosure for Mineral Projects .

For further information, please contact:

Steve Roebuck

Director, President & Interim CEO

Mobile: (905) 741 -5458

Email: [email protected]

Cautionary Note Regarding Forward -Looking Statements:

This news release includes certain "forward-looking statements" which are not comprised of historical facts.

Forward-looking statements include estimates and statements that describe the Company’s future plans,

objectives or goals, including words to the effect that the Company or management expects a stated

condition or result to occur. Forward -looking statements may be identified by such terms as “believes”,

“anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward -looking

statements are based on assumptions and address future events and conditions, by their very nature they

involve inherent risks and uncertainties. Although these statements are based on information currently

available to the Company, the Company provides no assurance that actual results will meet management’s

expectations. Risks, uncertainties and other factors involved with forward -looking information could cause

actual events, results, performance, prospects and opportunities to differ materially fr om those expressed

or implied by such forward-looking information. Forward looking information in this news release includes,

but is not limited to, the use of the proceeds from the Offering , the Company’s objectives, goals or future

plans, statements, exploration results, potential mineralization, the estimation of mineral resources,

exploration and mine development plans, timing of the commencement of operations and estimates of

market conditions. Factors that could cause actual results to differ materially from such forward -looking

information include, but are not limited to: failure to receive requisite approvals in respect of the foregoing,

failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability

to complete a feasibility study which recommends a production decision, the preliminary nature of

metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or

other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other

indigenous peoples, uncertainties relating to the availability and costs of fina ncing needed in the future,

changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in

the development of projects, capital and operating costs varying significantly from estimates and the other

risks involved in the mineral exploration and development industry, and those risks set out in the

Company’s public documents filed on SEDAR +. Although the Company believes that the assumptions and

factors used in preparing the forward -looking information in this new s release are reasonable, undue

reliance should not be placed on such information, which only applies as of the date of this news release,

and no assurance can be given that such events will occur in the disclosed time frames or at all. 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.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news

release.