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CONQUEST RESOURCES REPORTS RESULTS OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

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CONQUEST RESOURCES REPORTS RESULTS OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Executive Summary

Conquest Resources Limited successfully concluded its Annual and Special Meeting of Shareholders on June 11, 2026, with all proposed resolutions receiving shareholder approval. The meeting saw the election of five directors including John F. Kearney, Jamie Levy, Terence McKillen, Tom Obradovich, and Peter Palframan, with voting results ranging from 67.99% to 76.57% support. Shareholders also approved the re-appointment of Simone & Company as auditor with 99.9% approval and ratified the company's Stock Option Plan with 99.36% support.

The incorporated-since-1945 mineral exploration company maintains an active portfolio focused on base metals and gold exploration across Ontario and Finland. The company's flagship asset is the recently acquired Valimaki Gold Project in southwestern Finland, a district-scale gold exploration property situated within the Svecofennian geological domain between two major regional shear zones. The project hosts orogenic-style gold mineralization and has undergone extensive historical exploration and drilling, with Conquest currently conducting geological mapping to establish drill targets following completion of a high-resolution drone magnetic survey.

Conquest's Ontario holdings include the Belfast-TeckMag Project in the Temagami Mining Camp, spanning over 300 square kilometers of underexplored territory that evolved from the Golden Rose Project through strategic acquisitions and claim staking. The company also maintains a 100% interest in the Alexander Gold Property in the Red Lake Gold Camp, positioned along the important "Mine Trend" regional structure and almost entirely surrounded by Evolution Mining landholdings. Additional properties include Smith Lake Gold Property near Missinaibi and King Bay Gold Property at Sturgeon Lake in northwestern Ontario.

The successful shareholder meeting positions Conquest to continue executing its exploration strategy across multiple jurisdictions, with particular focus on advancing the Valimaki project toward drilling upon permit receipt. The company's diversified asset base across proven mining districts in both Canada and Finland provides multiple pathways for value creation in the gold and base metals sectors.
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