Mont Royal files PEA technical report on Ashram

Montreal, Quebec--(Newsfile Corp. - June 19, 2026) - Mont Royal Resources Ltd (ASX: MRZ) (TSXV: MRZL) ("Mont Royal" or "the Company") is pleased to announce that it has filed a National Instrument 43-101 Technical Report Preliminary Economic Assessment for its Ashram Project. The report titled "NI 43-101 Technical Report, Preliminary Economic Assessment for the Ashram Rare Earths Project, Nunavik, Quebec, Canada" with an Effective Date of 29 May 2026 (the "Technical Report"), was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Under NI 43-101, issuers must file a technical report within 45 days of the date of initial disclosure of the results of a preliminary economic assessment ("PEA").

The Technical Report is available for review on both SEDAR+ ( www.sedarplus.ca ) and the Company's website (montroyalres.com). The Technical Report supports the news release dated 9 June 2026, announcing the results of the PEA, titled "Robust Updated PEA Highlights Ashrams Potential." This releases is available on the Company's website and under its profile at www.sedarplus.ca and www.asx.com.au. There are no material differences between the Technical Report and the information disclosed in the news releases dated 9 June 2026.

About Mont Royal Mont Royal Resources Limited (ASX: MRZ) (TSXV: MRZL) is a critical minerals development and exploration company with projects located in Quebec, Canada. The Company is dedicated to advancing its 100%-owned Ashram Rare Earth and Fluorspar Deposit in Nunavik, Québec, Canada - one of the largest monazite-dominant carbonatite-hosted Rare Earth Elements deposits in North America. In addition, the Company owns 75% of Northern Lights Minerals 536km 2 tenement package located in the Upper Eastmain Greenstone belt.

The projects are located in the emerging James Bay area, a Tier-1 mining jurisdiction of Quebec, and are p