River ROAD Resources Closes Initial Public Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE

UNITED STATES.

RIVER ROAD RESOURCES CLOSES INITIAL PUBLIC OFFERING

Vancouver, British Columbia – September 17, 2025. River Road Resources Ltd. (TSX-V: RRRL) (“River

Road” or the “ Company”) is pleased to announce that it has successfully completed its initial public

offering (the “IPO”) of 3,333,333 common shares (the “Shares”) at a price of $0.15 per Share pursuant to

the Company’s prospectus dated August 20, 2025 (the “Prospectus”). The gross proceeds from the IPO,

before deducting agent fees and estimated offering expenses, were $ 500,000. The Company’s common

shares (the “Common Shares”) were listed on the TSX Venture Exchange (the “Exchange”) on September

15, 2025 and were immediately halted pending the closing of the IPO. Trading of the Common Shares on

the Exchange is expected to resume on market open on September 1 8, 2025 under the ticker symbol

“RRRL”.

Pursuant to an agency agreement dated August 20 , 2025, between Research Capital Corporation (the

“Agent”) and the Company, the Agent acted as agent for the Company in connection with the IPO. The

Company paid the Agent a cash commission in the amount of $ 38,500, representing 8.0% of the gross

proceeds of the IPO (reduced to 3.0% of proceeds raised on president’s list members) and granted the Agent

and non-transferable warrants (“Agent’s Warrants”) to purchase up to an aggregate of 254,666 Common

Shares (the “Agent’s Warrant Shares”) at a price of $0.15 per Agent’s Warrant Shares until September 17,

2027. The Company also paid the Agent a corporate finance fee of $27,500 plus GST and reimbursed the

Agent for its legal fees and reasonable expenses.

River Road expects to use the net proceeds from the IPO to complete Phase 1 of its exploration program on

the Stobart Property located in the Clinton Mining District of British Columbia and for general working

capital purposes, all as further set out in the Prospectus. After completion of the IPO, River Road now has

11,483,334 Common Shares issued and outstanding on a non -diluted basis, of which 600,000 Common

Shares are subject to statutory escrow restrictions. 800,000 Common Shares previously issued to Ne xus

Uranium Corp. pursuant to an option agreement will be subject to a one -year escrow in accordance with

seed share resale restrictions under the Exchange’s policies.

The securities referenced in this news release have not been and will not be registered under the United

States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities

laws and may not be offered or sold in the United States or to “U.S. persons” (as such term is defined in

Regulation S under the U.S. Securities Act) absent such registration or an applicable exemption from such

registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer

to buy such securities in any jurisdiction.

An electronic or paper copy of the Prospectus and any amendment may be obtained, without charge, from

River Road at [email protected] by providing the contact with an email address or address, as

applicable.

For more information, please refer to the Prospectus filed with the securities commissions in British

Columbia, Alberta, and Ontario, available on SEDAR+ (www.sedarplus.ca), under the Company’s profile

or please contact:

On behalf of the Board of Directors:

Tim Henneberry

CEO and Director

(250) 743-8228

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About River Road Resources Ltd.

River Road Resources Ltd. is a mineral exploration company engaged in the acquisition, exploration, and

evaluation of resource properties, listed on the TSX Venture Exchange under the symbol “ RRRL”. The

Company holds the option to earn a 100% interest, subject to a 2% NSR royalty, in the Stobart Property,

comprised of two mineral claims totalling approximately 724 hectares, located in the Clinton Mining

District of British Columbia.

Forward-Looking Statements

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

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

shares will resume trading on the Exchange, the use of pro ceeds of the IPO, and the release of securities

from escrow restrictions. Generally, forward-looking information can be identified by the use of forward -

looking terminology such as “will”, “will be”, “intends”, “expected” 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 are

necessarily based upon a number of assumptions and es timates that, while considered reasonable by

management of the Company, they are 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 t hat cause results not to be as anticipated, estimated or

intended including without limitation those factors discussed under the heading “Risk Factors” in the

Prospectus and other filings of the Company with the Canadian Securities Authorities, copies of which can

be found under the Company’ s profile on SEDAR+. 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.

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

policies of the TSX V enture Exchange) accepts responsibility for the adequacy or accuracy of this release.