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ROAR.V ·

LION ROCK Resources Adopts New Long-Term Incentive Plan

Share Capital & Compensation

200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6

LION ROCK RESOURCES ADOPTS NEW LONG-TERM INCENTIVE PLAN

Vancouver, British Columbia – July 29, 2025 – Lion Rock Resources Inc. (TSX-V: ROAR), (FSE: KGB,

OTCQB: LRRIF) (the “Company ”) announces that at its annual general meeting held on June 24, 2025,

shareholders approved and adopted a long-term incen tive plan (the “ LTIP ”). The LTIP is a combined

“rolling” and “fixed” Security Based Compensation Plan (as that term is defined in TSX Venture Exchange

Policy 4.4) pursuant to which: (i) the aggregate number of common shares reserved for issuance pursuant

to stock options granted thereunder may not exceed, at the time of grant, in aggregate 10% of the Company’s

issued and outstanding common shares, and (ii) the aggregate number of common shares reserved for

issuance pursuant to all other equity incentive awards granted under the LTIP, which include performance

share units, restricted share units and deferred share units. cannot exceed 7,787,268 common shares.

The LTIP is subject to the final acceptance of the TSX Venture Exchange.

About Lion Rock Resources Inc.

Lion Rock Resources Inc. is a Canadian mineral exploration company committed to advancing high-grade

gold and lithium projects across North America. The Company’s flagship asset, the Volney Project, is

located in South Dakota’s Black Hills, a mining-friendly jurisdiction surrounded by active gold operations.

The Company is led by an award-winning team with a proven track record of mineral discoveries, project

development, and financing.

On Behalf of the Board

R. Dale Ginn, President & Chief Executive Officer

O: 604-678-5308

E: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information

Certain statements contained in this news release may constitute “forward-looking information” within the meaning

of Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words

such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, “potential”, “i ndicative”

and similar expressions. Forward-looking informatio n involves known and unknown risks, uncertainties a nd other

factors that may cause actual results or events to differ materially from those anticipated in such fo rward-looking

information. Such forward-looking information is based on the current expectations of management of the Company.

The Company’s actual results could differ materially from those anticipated in this forward-looking information as a

result of risks and uncertainties, including withou t limitation risks and uncertainties inherent in th e exploration and

development of mineral properties, fluctuations in commodity prices, counterparty risk, market conditions, regulatory

decisions, competitive factors in the industries in which the Company operates, prevailing economic co nditions,

changes to the Company’s strategic growth plans, an d other factors, many of which are beyond the contr ol of the

Company. The Company believes that the expectations reflected in the forward-looking information are r easonable,

but no assurance can be given that these expectations will prove to be correct and such forward-looking information

should not be unduly relied upon. In making the for ward-looking statements in this press release, the Company has

200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6

applied several material assumptions. Any forward-looking information contained in this news release represents the

Company’s expectations as of the date hereof and is subject to change after such date. The Company dis claims any

intention or obligation to update or revise any for ward-looking information whether as a result of new information,

future events or otherwise, except as required by applicable securities legislation.