Auric Resources launches non-brokered private placement

July 14, 2026 – TheNewswire - Auric Resources Corp ( TSXV:RES ) (the “ Company ”) is pleased to announce a non-brokered private placement to raise gross proceeds of up to $200,000 (the “ Offering ”). The Offering will consist of common shares in the capital of the Company (each, a “ Share ”) at a price of $0.05 per Share. The Offering is intended to strengthen the Company's financial position, preserve its portfolio of mineral properties and provide the flexibility necessary to advance the Company's strategic objectives.

The net proceeds raised from the Offering will be used to fund the Company's property-related expenditures and for working capital purposes. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional listing approval of the TSX Venture Exchange (“ TSXV ”) and the applicable securities regulatory authorities. The Offering is being made by way of private placement in Canada, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended, and in such other jurisdictions as may be determined by the Company.

The Shares issued under the Offering will be subject to a hold period expiring four months and one day from the closing date of the Offering. The Company anticipates paying finders’ fees to eligible parties who have assisted in introducing subscribers to the Offering. Any finder’s fees payable will be in accordance with the policies of the TSXV.

The Company anticipates that certain insiders of the Company will participate in the Offering. The participation of the insiders in the Offering will constitute a related-party transaction for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“ MI 61-101 ”). The Company anticipates relying on exemptions from the requirements to obtain a formal evaluation or minority shareholder approval in connection with the insider participation in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the Shares issued, nor the fair market value of the consideration for the Shares issued will exceed 25% of the Company's market capitalization as calculated in accordance with MI 61-101.   This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws. For further information please contact: Morgan Tincher Chief Executive Officer Email: info@auricresources.com Phone: 236-521-0436 This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities laws.  When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to closing of the Offering; use of proceeds; the obtaining of related approvals; and other factors or information.  Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties.  Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements.

The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Copyright (c) 2026 TheNewswire - All rights reserved. TheNewsWire July 14, 2026 - 6:45 AM PDT News by QuoteMedia www.quotemedia.com