Loyalist Exploration Welcomes David Drinkwater as New Director

(TheNewswire)

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

Toronto, Ontario – TheNewswire –December 17, 2025 – Loyalist Exploration Limited(CSE:PNGC) (“Loyalist” or the“Company”) is pleased to announce the appointment of DavidDrinkwater as director of the Company effective today. The Companyalso wishes to announce that Stephen Balch has stepped down as adirector, but will join the Advisory Committee as a valuedcontributor.

David Drinkwater has extensive business and legalexperience across many industries with a broad focus includingcorporate finance and mergers and acquisitions and acting as a boardmember of various public companies. He was Chairman of Loyalist fromJune 2019 to December 2023.

Errol Farr, Loyalist’s President & ChiefExecutive Officer, commented, “Loyalist is very excited that Davidhas agreed to come back to the board of Loyalist. His Blue-Chipresume, connections to the town of Timmins and extensive business andlegal experience are the ideal assets Loyalist is looking for. I wouldlike to thank Stephen Balch for his contributions to Loyalist over theyears. Without his presence we would not be here today. Stephen hasexpressed a desire to step back due to his many other commitments. Ilook forward to working with David on the board and having Steve as amentor going forward”.

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: efarr@loyalistexploration.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.

Copyright (c) 2025 TheNewswire - All rights reserved.