Trailbreaker Resources Announces Increase to Flow-Through Financing from $3m to $3.5m

(TheNewswire)

March3, 2026 – TheNewswire- VANCOUVER, BRITISH COLUMBIA - Trailbreaker Resources Ltd. (TBK.V)(“Trailbreaker” or “the Company”) further to its February 26, 2026 news release the Company ispleased to announce that its non-brokered $3million private placement offering (the “Offering”) has beenoversubscribed by $500,000 for a total raise of up to $3.5 million. The Offering will now consist of the sale of the followingsecurities:

a. up to 2,500,000 CMETCflow-through units (“CMETC FT Units”) at a price of $0.56 perCMETC FT Unit, to raise gross proceeds of up to $1.4 million, to fundcritical mineral exploration expenses , each CMETC FT Unit consistingof 1 CMETC FT common share and ½ of a common share purchase warrant,each of which will qualify as a "flow-through share" withinthe meaning of subsection 66(15) of the Income Tax Act(Canada) (the "TaxAct").  Each full warrant is exercisableat $0.50 for 24 months from the date of issue for one non-flow-through common share; and

b. up to 4,200,000 flow-throughunits (“FT Units”) at a price of $0.50 per FT Unit to raise grossproceeds of up to $2.1 million, each FT Unit consisting of 1 FTcommon share and ½ of a common share purchase warrant, each of whichwill qualify as a "flow-through share" within the meaning ofsubsection 66(15) of the Tax Act. Each full warrant is exercisable at$0.50 for 24 months from the date of issue forone non-flow-through common share.

All of the FT Units and CMETC FTUnits issued pursuant to the Offering, which is subject to TSX VentureExchange acceptance, will be subject to a hold period in Canada offour months plus one day from closing.

The Company will use an amount equal to the grossproceeds received by the Company from the sale of the FT Units and theCMETC FT Units, pursuant to the provisions in the Tax Act, to incureligible “Canadian exploration expenses” that qualify, in the caseof the FT Units, as “flow-through mining expenditures” within themeaning of the Tax Act, and, in the case of the CMETC FT Units, as“flow-through critical mineral mining expenditures” within themeaning of the Tax Act, and, in each case, for FT Units and CMETC FTUnits purchased by eligible British Columbia purchasers, as "BCflow-through mining expenditures" that meet the criteria setforth in subsection 4.721(1) of the Income Tax Act(British Columbia), in respect of the exploration activities on theCompany's properties in British Columbia (the “QualifyingExpenditures”). The Qualifying Expenditures will be incurred on orbefore December 31, 2027, and renounced by the Company to the initialpurchasers of the FT Units and CMETC FT Units effective December 31,2026.

The proceeds of the Private Placement will be used toadvance the Company’s various exploration projects.

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

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