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PLLR.CN ·

February 6, 2026 News Release - Forty Pillars Announces Non-Brokered Private Placement

Financings Mergers & Acquisitions

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

OR FOR DISSEMINATION IN THE UNITED STATES

Forty Pillars Announces Non-Brokered Private Placement

Vancouver, B.C. – February 6, 2026 ‐ Forty Pillars Mining Corp. (CSE: PLLR) (the “Company” or

“Forty Pillars”) is pleased to announce a non-brokered private placement offering of up to 10,000,000

units (the “ Units”) at a price of $0.0 5 per Unit for aggregate gross proceeds of up to $5 00,000 (the

“Offering”).

Each Unit will be comprised of one common share (each, a “ Share”) and one transferrable Share

purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to acquire an additional Share

at a price of $0.10 per Share for a period of five years from the date of issuance.

The Company may pay finder’s fees to eligible finders in connection with the Offering.

The proceeds raised from the Offering are expected to be used for working capital and general

corporate purposes. All securities to be issued under the Offering will be subject to a four month hold

period in accordance with applicable Canadian securities laws and the policies of the Canadian

Securities Exchange (the “CSE”). Completion of the Offering is subject to certain conditions including

the receipt of all necessary approvals, including the approval of the CSE.

About Forty Pillars

Forty Pillars Mining Corp. is a Vancouver, B.C. based mineral exploration company focused on

exploring the Silver Dollar Project located in the Greenwood Mining Division, B.C. The Company also

has an option to acquire a 100% interest in the Val -d’Or North property in the Abitibi sub -province of

Quebec and an option to acquire a 100% interest in the Golden Link project located in central

Newfoundland.

FOR FURTHER INFORMATION CONTACT:

Nader Vatanchi

Chief Executive Officer

e:[email protected]

p: 778-881-4631

Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the

policies of the Canadian Securities Exchange ) accepts responsibility for the adequacy of accuracy of

this news release.

Certain information contained herein constitutes “forward -looking information” under Canadian

securities legislation. Forward -looking information includes, but is not limited to: the Company

completing the Offering; the size of the Offering and the intended use of funds. Generally, forward-

looking information can be identified by the use of forward-looking terminology such as “anticipates”,

“anticipated” “expected” “intends” “will” or variations of such words and phrases or statements that

certain actions, events or results “will” occur. Forward -looking statements are based on the opinions

and estimates of management as of the date such statements are made and they are from those

expressed or implied by such forward -looking statements or forward -looking information subject to

known and unknown risks, uncertainties and other factors that may cause the actual results to be

materially different, including receipt of all necessary regulatory approvals. Although management of

the Company have attempted to identify important factors that could cause actual results to differ

materially from those contained in forward -looking statements or forward -looking information, there

may be other factors that cause results not to be as anticipated, estimated or intended. There can be no

assurance that such statements will prove to be accurate, as actual results and future events could

differ materially from those anticipated in such statements. Accordingly, readers should not place

undue reliance on forward-looking statements and forward-looking information. The Company will not

update any forward -looking statements or forward -looking information that are incorporated by

reference herein, except as required by applicable securities laws.

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

be any sale of any of the Company's securities in any jurisdiction in which such offer, solicitation or

sale would be unlawful, including any of the securities in the United States of America. The Company's

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

amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United

States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act)

unless registered under the 1933 Act and applicable state securities laws, or an exemption from such

registration requirements is available.