Loyalist Exploration Issues Restricted Share Units and Stock Options

Toronto, Ontario — February 11, 2026 — Leads & Copy — Loyalist Exploration Limited (CSE:PNGC) has announced the issuance of 4,000,000 restricted share units (RSUs) and 11,000,000 stock options to officers, directors, and advisors, according to the company's Long Term Incentive Plan.

Each RSU allows the holder to acquire one Common Share upon vesting, with the RSUs vesting fully one year from the grant date. Each option allows the holder to acquire one common share at an exercise price of $0.05 for five years. The options vest ¼ on the grant date, ¼ six, twelve, and 24 months following the grant date.

Loyalist Exploration Limited focuses on acquiring, exploring, and developing mineral properties in Canada. The company is pursuing its “Buy Timmins” strategy, which includes the acquisitions of the Tully gold property, the Loveland nickel/copper/gold property, the Gold Rush gold/silver property, and the DeSantis gold property, all located in the Timmins, Ontario mining district. The company plans to start a mining permit project at Tully and exploration on all four properties, as well as expand its Timmins-based property portfolio.

Neither the Canadian Securities Exchange nor its Market Regulator have reviewed or accept responsibility for the adequacy or accuracy of this release.

Source: Loyalist Exploration Limited