Trailbreaker Resources' Private Placement Oversubscribed, Raises $3.5 Million

VANCOUVER, BRITISH COLUMBIA — March 3, 2026 — Leads & Copy — Trailbreaker Resources Ltd. has announced that its non-brokered private placement offering has been oversubscribed by $500,000, resulting in a total raise of up to $3.5 million. The offering, initially set at $3 million, will now include the sale of CMETC flow-through units and flow-through units.

The offering will consist of:

Up to 2,500,000 CMETC flow-through units at $0.56 per unit, aiming to raise up to $1.4 million for critical mineral exploration expenses. Each unit includes one CMETC flow-through common share and ½ of a common share purchase warrant, qualifying as a "flow-through share" under subsection 66(15) of the Income Tax Act (Canada). Each full warrant can be exercised at $0.50 for one non-flow-through common share within 24 months from the issue date.

Up to 4,200,000 flow-through units at $0.50 per unit, with the goal of raising up to $2.1 million. Each unit comprises one flow-through common share and ½ of a common share purchase warrant, also qualifying as a "flow-through share" under subsection 66(15) of the Tax Act. Each full warrant is exercisable at $0.50 for one non-flow-through common share within 24 months from the issue date.

The FT Units and CMETC FT Units are subject to a four-month hold period in Canada, plus one day from closing, and are awaiting TSX Venture Exchange acceptance.

The company will allocate the gross proceeds from the sale of FT Units and CMETC FT Units to incur eligible “Canadian exploration expenses”. These expenses will qualify as “flow-through mining expenditures” (for FT Units) and “flow-through critical mineral mining expenditures” (for CMETC FT Units) under the Tax Act. For eligible British Columbia purchasers, the expenditures will also meet the criteria for “BC flow-through mining expenditures” as per subsection 4.721(1) of the Income Tax Act (British Columbia). These qualifying expenditures will support exploration activities on the Company's properties in British Columbia.

These qualifying expenditures will be incurred by December 31, 2027, and renounced by the Company to the initial purchasers of the FT Units and CMETC FT Units effective December 31, 2026.

The proceeds from the private placement will be used to advance the Company’s various exploration projects.

Daithi Mac Gearailt, President and Chief Executive Officer, made the announcement on behalf of the board.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Source: Trailbreaker Resources Ltd.