Loyalist Exploration Announces and Grant of RSU's and Stock Options

(TheNewswire)

Toronto, Ontario – TheNewswire –February 11, 2026 – Loyalist Exploration Limited(CSE:PNGC) (“Loyalist” or the“Company”) announces that the Company has issued a total of4,000,000 restricted share units (the “RSUs”) and 11,000,000 stockoptions (the “Options”) to certain officers and directors andadvisors of the Company in accordance with the Company’s Long TermIncentive Plan. Each RSU entitles the holder to acquire one CommonShare on vesting. The RSUs will vest fully on the one-year anniversaryof the grant date. Each Option entitles the holder to acquire 1 commonshare at an exercise price of $0.05 for a period of 5 years. TheOptions vest ¼ on the grant date, ¼ six, twelve and 24 monthsfollowing grant date.

Neither the Canadian SecuritiesExchange nor its Market Regulator (as that term is defined in thepolicies of the Canadian Securities Exchange) have reviewed or acceptresponsibility for the adequacy or accuracy of this release.

About Loyalist ExplorationLimited

Loyalist Exploration Limited is a mineral explorationcompany concentrating on acquiring, exploring, and developing qualitymineral properties in Canada. The Company is currently focused on its“Buy Timmins” strategy, with the recent acquisitions of the Tullygold property, the Loveland nickel/copper/gold property and the GoldRush gold/silver property, and the DeSantis gold property, all locatedin the Timmins, Ontario mining district. The Company expects tocommence a significant mining permit project at Tully and explorationactivities on all four properties as well as expanding the Company’sTimmins based property portfolio.

For further information please visitthe Company's website at loyalistexp.ca or contact:

Loyalist Exploration Limited

Errol Farr, President and CEO

Email: efarr001@icloud.com

Tel: 647-296-1270

This news release contains "forward-lookinginformation" (within the meaning of applicable Canadiansecurities laws) and "forward-looking statements" (withinthe meaning of the U.S. Private Securities Litigation Reform Act of1995). Such statements or information are identified with words suchas "anticipate", "believe", "expect","plan", "intend", "potential","estimate", "propose", "project","outlook", "foresee" or similar words suggestingfuture outcomes or statements regarding an outlook and includestatements regarding the proposed work on the projects. Although theCompany believes that the expectations reflected in theforward-looking information or statements are reasonable, prospectiveinvestors in the Company’s securities should not place unduereliance on forward-looking statements because the Company can provideno assurance that such expectations will prove to be correct.Forward-looking information and statements contained in this newsrelease are as of the date of this news release and the Companyassumes no obligation to update or revise this forward-lookinginformation and statements except as required by law.

THIS NEWS RELEASE IS NOT FORDISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

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