PGA.CN · 2026-06-26 12:00:00

Pegmatite One Lithium and GOLD Corp. Closes Private Placement Offering

Financings

PEGMATITE ONE LITHIUM AND GOLD CORP.

PEGMATITE ONE LITHIUM AND GOLD CORP. CLOSES PRIVATE PLACEMENT OFFERING

June 26, 2026 – Vancouver, British Columbia. Pegmatite One Lithium and Gold Corp. (the “Company”)

(CSE: PGA) announces that the Company has closed its previously announced private placement by

issuing 2,970,222 units (each a “Unit”) at a price $0. 135 per Unit for total proceeds of $ 400,979.97 (the

“Offering”).

Each Unit consists of one common share and one share purchase warrant (a “Warrant”). Each Warrant is

exercisable at a price of $0.20 per share for a period expiring two years from the date of issuance.

All securities issued in connection with the Offering will be subject to a four ‐month statutory hold period.

The Company paid no finder fees.

The proceeds of the Offering will be used for exploration as well as general working capital purposes.

Closing of the proposed Offering is subject to a number of conditions, including receipt of all necessary

corporate and regulatory approvals, including approval from the Canadian Securities Exchange.

On Behalf of the Board of Directors,

Pegmatite One Lithium and Gold Corp.

Kelly Abbott

CEO

Phone: +1 (416) 481-2222 x228

Website: www.pegmatiteone.com

Cautionary Statement

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain “forward-looking information” within

the meaning of applicable securities law. Forward-looking information is frequently characterized by words

such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or

statements that certain events or conditions “may” or “will” occur. Forward -looking statements are based

on the opinions and estimates at the date the statements are made, and are su bject to a variety of risks

and uncertainties and other factors that could cause actual events or results to differ materially from those

anticipated in the forward -looking statements including, but not limited to delays or uncertainties with

regulatory ap provals, including that of the CSE. There are uncertainties inherent in forward -looking

information, including factors beyond the Company’s control. There are no assurances that the business

plans for the Company as described in this news release will come into effect on the terms or time frame

described herein. The Company undertakes no obligation to update forward -looking information if

circumstances or management’s estimates or opinions should change except as required by law. The

reader is cautioned not to place undue reliance on forward -looking statements. Additional information

identifying risks and uncertainties that could affect financial results is contained in the Company’s filings

with Canadian securities regulators, which are available at www.sedarplus.ca

The CSE and Information Service Provider have not reviewed and does not accept responsibility

for the accuracy or adequacy of this release.