Loyalist Announces Jean-Philippe Desrochers as a New Director

14:00 Uhr  |  The Newswire

Toronto, June 22, 2026 - Loyalist Exploration Ltd. (CSE:PNGC) ("Loyalist" or the "Company") is pleased to announce the appointment of Jean-Philippe (JP) Desrochers as director of the Company effective June 19, 2026.

Mr. Desrochers is currently Senior Vice President, Exploration at ExGold (private), and has been responsible for the discovery and delineation of a 2.8 million ounce gold resource in Brazil.

Mr. Desrochers previously served as Manager of Exploration at Osisko Mining Inc., where he played a key role in the early-stage exploration and delineation of the Windfall gold deposit in Québec, helping establish it as a significant high-grade gold orebody. Windfall later became a cornerstone asset for Gold Fields following its 2024 acquisition of Osisko Mining and is recognized by Gold Fields as one of the largest gold deposits in Canada and among the highest-grade major gold deposits globally.

He also served as Vice President, Exploration at Moneta Porcupine (now STLLR Gold) in Timmins, and has held senior technical roles across multiple projects within the Abitibi Gold Belt, from Timmins to Val-d'Or.

Mr. Desrochers holds a Ph.D. in Geology from Université de Montréal. His doctoral research focused on the stratigraphy and structural geology of the Malartic Composite Block and adjacent sedimentary units in the Abitibi region of Québec. He is a registered géo. in Québec (OGQ) and is qualified to register as a P.Geo. in Ontario (APGO).

Errol Farr, Loyalist's President and Chief Executive Officer, commented: "We are pleased to welcome JP to Loyalist's Board of Directors. JP brings deep technical expertise in structural geology, gold systems and Abitibi-focused exploration, together with a strong track record of discovery and project advancement. His experience leading exploration and development companies adds meaningful technical depth to the Board as Loyalist advances its portfolio in the Timmins district. I look forward to working with JP as we continue to evaluate, prioritize and advance our exploration and development activities."

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) have reviewed or accept responsibility for the adequacy or accuracy of this release.

About Loyalist Exploration Limited

Loyalist Exploration Limited is a mineral exploration company concentrating on acquiring, exploring, and developing quality mineral properties in Canada. The Company is currently focused on its "Buy Timmins" strategy, with the recent 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.

For further information please visit the Company's website at www.loyalistexploration.com or contact:

Loyalist Exploration Limited

Errol Farr, President and CEO

Email: efarr@loyalistexploration.com

Tel: 647-296-1270

This news release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, capital market conditions, restriction on labour and international travel and supply chains, and those risks set out in the Company's public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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