Future Mineral Resources Inc. (TSX: FMR) is pleased to announce that it has closed a first tranche of a previously announced non-brokered private placement financing of up to 15 million common shares at a price of $0.30 per share for gross proceeds of up to $4.5m. For more information about the Offering, please see the Company’s press releases dated January 7, 2026, and February 2, 2026, each of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca.

Pursuant to the First Tranche, Future Mineral issued 516,666 common shares at a price of $0.30 per share for gross proceeds of $154,999.80. The securities issued in connection with the First Tra nche are subject to a statutory four month hold period, which expires on July 13, 2026. Completion of the Offering (including the First Tranche) is subject to receipt of final approval of the Toronto Stock Exchange. $8,400 was paid as a finder fee to an eligible finder in connection with the First Tranche. The net proceeds of the First Tranche are expected to be used for working capital and general corporate purposes.

About Future Mineral

Future Mineral is a venture capital company focused on acquiring and advancing brownfield, development-stage and early production-stage mining projects in the Americas and Europe.