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KRIT.CN ·

Engagement of Services with ITG AND MiningIR

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News Release August 24, 2026

Krait Critical Minerals Engages Independent Trading Group for Market-

Making and MiningIR for Media and Communications Services

August 24, 2026 – Vancouver, BC, Canada – Krait Critical Minerals

Corp. (the “Company” or “Krait”) (CSE: KRIT) is pleased to announce that

it has engaged the services of Independent Trading Group ("ITG") to provide

market-making services in accordance with Canadian Securities Exchange

(“CSE”) policies. ITG will trade shares of the Company on the CSE and all

other trading venues with the objective of maintaining a reasonable market

and improving the liquidity of the Company's common shares.

The agreement is for an initial term of one month and will renew for additional

one-month terms unless terminated. In consideration for the Services

performed under the agreement, the Company shall pay the ITG a service fee

in the amount of $6,000 per month plus all applicable taxes. The agreement

may be terminated by either party with 30 days' notice. There are no

performance factors contained in the agreement and ITG will not receive

shares or options as compensation. ITG and the Company are unrelated and

unaffiliated entities and at the time of the agreement, neither ITG nor its

principals have an interest, directly or indirectly, in the securities of the

Company.

Independent Trading Group (ITG), Inc. is located at 33 Yonge Street, Suite

420, Toronto, Ontario, M5E 1G4, and may be contacted at 416 -583-2194 or

[email protected].

About Independent Trading Group

Independent Trading Group (ITG) Inc. is a Toronto -based CIRO dealer -

member that specializes in market making, liquidity provision, agency

execution, ultra -low latency connectivity, and bespoke algorithmic trading

solutions. Established in 1992, with a focus on market structure, execution

and trading, ITG has leveraged its own proprietary technology to deliver high-

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quality liquidity provision and execution services to a broad array of public

issuers and institutional investors.

Media and Communications Agreement

The Company has also entered into a services agreement with Mining Investor

Resources Media Ltd. (“MiningIR”) to provide investor awareness, media and

communications services to the Company.

The Company confirms that the services to be provided by MiningIR, including

the production and dissemination of editorial content, management video

interviews and other media content to an investor audience through MiningIR’s

financial media platforms and distribution network, constitute “Investor

Relations Activities” and “Promotional Activity” within the meaning of the

Canadian Securities Exchange ( “CSE”) Policy 7 — Investor Relations,

Promotional Activity, and Other Significant Transactions (“Policy 7”).

Under the terms of the agreement, MiningIR will provide investor relations and

promotional services for a 12 -month term commencing on August 15, 2026,

and ending on August 14, 2027. The Company will pay MiningIR a total cash

fee of $48,000 for the term. The compensation does not include any securities,

options or other performance-based consideration.

MiningIR will distribute investor -awareness content through its digital media

platforms. Jamie Hyland is the representative responsible for providing

services to the Company and may be contacted at +1 (604) 442-2425 or

[email protected]. MiningIR and the Company are arm’s-length parties.

To the knowledge of the Company, MiningIR, Jamie Hyland, and MiningIR’s

principals and affiliates do not directly or indirectly own any securities of the

Company and have no present intention of acquiring any securities of the

Company. MiningIR is a privately held European media and communications

company with an office located at 1100 – 1111 Melville Street, Vancouver,

British Columbia, V6E 3V6, Canada.

About Krait Critical Minerals Corp.

Krait Critical Minerals Corp. is a Canadian junior mineral exploration company

focused on acquiring and advancing prospective mineral properties in

established North American mining jurisdictions. The Company's strategy is to

combine disciplined project evaluation, modern exploration technologies and

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responsible field programs to identify and advance high- quality exploration

opportunities with the potential to create long-term shareholder value.

Krait's flagship asset is the Goldbar Spider Lake Project in Ontario's Thunder

Bay Mining Division, approximately 20 kilometres east of Terrace Bay and 30

kilometres west-northwest of Marathon. The 3,636 -hectare (approximately

8,985-acre) property comprises 148 mining claims and 171 claim units, and

Krait has an option to earn a 100% interest, subject to a 3% net smelter

return royalty. Located within the western Schreiber-Hemlo Greenstone Belt,

the project benefits from year -round access via Highway 17, ne arby rail and

power infrastructure, and proximity to established mining communities and

service providers.

Investors are encouraged to visit Krait’s new corporate website at

www.kraitminerals.com to learn more about the Company, its Goldbar Spider

Lake Project, management team, corporate strategy and latest news.

All Stakeholders are encouraged to follow the Company on LinkedIn , X.com,

Facebook, and Instagram.

Neither the Canadian Securities Exchange nor its Regulation Services Provider

(as that term is defined in the policies of the CSE) accepts responsibility for

the adequacy or accuracy of this release.

On Behalf of the Board of Directors

Oscar Mendoza

Chief Executive Officer and Director

For further information, please contact:

Krait Critical Minerals Corp.

Steve Vanry – CFO

Phone: +1 604 671-9522

E-Mail: [email protected]

Disclaimer for Forward-Looking Information

This news release contains certain forward -looking statements and forward -

looking information (collectively, “forward -looking statements”) within the

meaning of applicable Canadian securities laws. Forward- looking statements

are generally identified by words such as “anticipates,” “believes,” “expects,”

“intends,” “plans,” “proposes,” “estimates,” “may,” “will,” “could,” “should,”

“potential,” “targets” and similar expressions.

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Forward-looking statements are based on management’s current

expectations, estimates, assumptions and projections as of the date of this

news release. These assumptions include, without limitation, the availability

of personnel, equipment, services, permits and financing on acceptable terms;

the ability of the Company and its service providers to perform their respective

obligations; the absence of material disruptions to the Company’s operations

and exploration activities; and the continuation of prevailin g commodity

prices, financial-market conditions and regulatory requirements.

Forward-looking statements involve known and unknown risks, uncertainties

and other factors that may cause actual results, performance or achievements

to differ materially from those expressed or implied. These risks and

uncertainties include operational a nd technical difficulties; changes to

business or exploration plans; the availability and cost of contractors,

equipment and qualified personnel; adverse weather or site conditions;

permitting and regulatory risks; fluctuations in commodity prices and financial

markets; the speculative nature of mineral exploration; the Company’s ability

to obtain financing on acceptable terms or at all; and other risks associated

with the mineral exploration industry. Additional risk factors are described in

the Company’s continuous disclosure filings available under its profile on

SEDAR+ at www.sedarplus.ca.

There can be no assurance that forward -looking statements will prove to be

accurate, as actual results and future events could differ materially from those

anticipated. Readers are cautioned not to place undue reliance on forward-

looking statements. The Co mpany undertakes no obligation to update or

revise any forward-looking statements as a result of new information, future

events or otherwise, except as required by applicable securities laws.

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