Galore adopts semi-annual reporting

Vancouver, BC – August 20, 2026 – TheNewswire – Galore Resources Inc. ("Galore" or the "Company") announces that it has elected to adopt the semi-annual reporting framework and is filing this news release pursuant to Coordinated Blanket Order 51-933 – Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the “ Blanket Order ”). The Blanket Order provides eligible venture issuers in British Columbia with relief from certain interim filing requirements under National Instrument 51-102 – Continuous Disclosure Obligations.

The decision reflects the Company's continued focus on long-term value creation, strategic execution, and operational performance. By adopting a semi-annual reporting schedule, the Company aims to devote greater attention and finances to executing its business strategy while continuing to provide shareholders with meaningful, transparent, and timely information.

The Company expects the transition to streamline its financial reporting processes, reduce administrative costs associated with quarterly reporting, and support a greater emphasis on sustainable growth and long-term business performance.

The change will take effect during the third quarter of the year and as a result, the Company will not file interim financial statements, related management’s discussion and analysis or related officer certifications for the nine-month period ended June 30, 2026 in reliance on this Blanket Order. Under the new reporting framework, the Company will publish financial results twice annually, covering the first six months ended September 30 and the full fiscal year ended March 31. Notwithstanding the adoption of the semi-annual reporting framework, the Company remains subject to all applicable timely disclosure obligations and continuous disclosure requirements under securities legislation, including the requirement to disclose material changes in the affairs of the Company and report significant corporate developments on a timely basis.

The Company’s next financial disclosure will therefore be filed for the six months ended September, 2026, in accordance with the timelines prescribed under applicable securities legislation.

The Company confirms that it satisfies the eligibility criteria under BC Instrument 51-933, including that it is a venture issuer listed on the TSX Venture Exchange, with a principal regulator in British Columbia, is current with all continuous disclosure filings, and is not subject to any ongoing or contemplated transactions, financing activities, reverse takeovers or developments that could reasonably be expected to affect its eligibility to rely on the relief.

About Galore Resources

Galore Resources Inc. is a Canadian-based exploration and development company focused on advancing its Dos Santos gold-silver-copper project in Zacatecas, Mexico. The property hosts multiple mineralized targets across 14,400 hectares in one of Mexico’s most prolific mining districts.

ON BEHALF OF THE BOARD

“Michael McMillan”

President, CEO and Director

For Further Information:

Please call Mike McMillan, CEO Galore Resources Inc. @ (210)-860-9212

or email mike@galoreresources.com with any questions or comments .

Neither the 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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking information includes, but is not limited to, statements with respect to the Company’s continued participation in the SAR Pilot Program pursuant to Coordinated Blanket Order 51-933, the anticipated reduction in administrative, legal, and financial costs associated with moving from a quarterly to a semi-annual reporting framework, and the expected timing of future semi-annual and annual filings. These statements are based on current expectations, estimates, projections, and assumptions that management believes are reasonable, including the assumption that the Company will continue to meet all eligibility criteria required to remain a participating venture issuer under the Blanket Order. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such risks include, among others, the risk that regulatory authorities may amend, rescind, or fail to permanently adopt the SAR framework following the conclusion of the pilot project, changes in the Company's financial or operational status that render it ineligible for the exemption, and general market and economic conditions. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law .

Such forward-looking information reflects management’s current beliefs and is based on a number of estimates and assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information is neither a promise nor guarantee, and is subject to known and unknown risks and uncertainties including, but not limited to, delays in obtaining governmental or third party approvals and permits, actual results of exploration activities, unanticipated geologic formations, structures and characteristics, environmental risks, future prices of base and other metals, operating risks, accidents, labor issues, and other risks in the mining industry as well as general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets and lack of available capital. All forward-looking information contained in this news release is qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com . For OTCQB quotes and filings, please visit www.otcmarkets.com . Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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TheNewsWire

August 20, 2026 - 3:15 PM PDT

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