Scottie Announces $27 Million Non-Brokered Financing

Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) (" Scottie " or the " Company ") is pleased to announce a non-brokered private placement offering of up to 8,965,518 common shares of the Company (" Shares ") at a price of $2.90 per Share and up to 322,581 flow-through common shares at a price of $3.10 per FT Share (the " FT Shares ") for gross proceeds of up to $27,000,000 (the " Offering ").

Each FT Share will qualify as a "flow-through share", within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the " Tax Act "). The gross proceeds from the issue and sale of the Shares will be used for working capital and general corporate purposes, including work related to the technical studies and permitting currently underway at the Scottie Gold Mine Project.

The gross proceeds from the issue and sale of the FT Shares will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as such terms are defined in the Tax Act (the " Qualifying Expenditures ") related to the Scottie Gold Mine Project in British Columbia.

Qualifying Expenditures with respect to the FT Shares with also qualify as "BC flow-through mining expenditures" as such term is defined in the Income Tax Act (British Columbia).

All Qualifying Expenditures will be renounced in favour of the subscribers for the FT Shares effective on or before December 31, 2026.

In connection with the Offering, the Company may engage certain arm's-length parties who may receive a cash finder's fee payment and/or warrants to purchase common shares in the capital of the Company in consideration of securities that are sold to subscribers introduced by such parties.

Any cash finder's fee payment and/or warrants will be subject to the approval of, and will be issued in accordance with, the rules of the TSX Venture Exchange (the " TSXV ").

Insiders of the Company may acquire securities under the Offering, which will be considered a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101 "). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

The securities issued pursuant to the Offering will be subject to a statutory four-month hold period.

The Offering is subject to regulatory approval, including the approval of the TSXV.

This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements.

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Scottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone.

The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties.

In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia's Golden Triangle-one of the world's most prolific mineralized districts.

Scottie's current resource estimate on the Scottie Gold Mine Project includ...