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RUSH.V ·

Carolina Rush Announces Grant of Restricted Share Units

Share Capital & Compensation

Carolina Rush Announces Grant of Restricted

Share Units

Toronto, Ontario--(Newsfile Corp. - April 21, 2026) -

Carolina Rush Corporation

(TSXV: RUSH)

(OTCQB: PUCCF)

("Carolina Rush" or the "Company")

announces that it has granted an aggregate

of 678,000 restricted share units (each, an "

RSU

") to an officer of the Company pursuant to the terms of

the Company's omnibus long-term incentive plan. The RSUs shall vest as to 1/3 on the first anniversary

of the date of grant; 1/3 on the second anniversary of the date of grant; and 1/3 on the third anniversary of

the date of grant.

About Carolina Rush

Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) is a Southeastern U.S.-focused

exploration company advancing the Brewer Gold-Copper Project in South Carolina, currently being

explored in partnership with OceanaGold Corporation. Brewer is a large, underexplored system that

hosts near-surface epithermal mineralization and the potential to host deeper porphyry-style

mineralization. Brewer is located 13 km from OceanaGold's producing Haile Gold Mine, which is

expected to produce an average of 210,000 ounces of gold per year from 2027-2031 inclusive (source:

www.oceanagold.com

).

The information disclosed from nearby properties is not necessarily indicative to the mineralization at

Brewer.

For further information, please contact:

Layton Croft, President and CEO

or

Jeanny So, Corporate Communications Manager

E:

[email protected]

T: +1.647.202.0994

For additional information please visit our website at

http://www.TheCarolinaRush.com/

and our X feed:

https://twitter.com/TheCarolinaRush

.

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

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

This news release contains forward-looking information which is not comprised of historical facts.

Forward-looking information is 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 information involves risks, uncertainties and other

factors that could cause actual events, results, and opportunities to differ materially from those

expressed or implied by such forward-looking information. Factors that could cause actual results to

differ materially from such forward-looking information include, but are not limited to, changes in the

state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required

regulatory or governmental approvals, and other risks involved in the mineral exploration and

development industry, including those risks set out in the Company's management's discussion and

analysis as filed under the Company's profile at

www.sedarplus.ca

. Forward-looking information in this

news release is based on the opinions and assumptions of management considered reasonable as of

the date hereof, including that all necessary governmental and regulatory approvals will be received

as and when expected. Although the Company believes that the assumptions and factors used in

preparing the forward-looking information in this news release are reasonable, undue reliance should

not be placed on such information. The Company disclaims any intention or obligation to update or

revise any forward-looking information, other than as required by applicable securities laws.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/293626