Prism Resources Enters into Royalty Purchase Agreement with Agnico Eagle

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2026) - Prism Resources Inc. (TSXV: PRS.H) (the "Company") announces that it has entered into a royalty purchase agreement (the "Royalty Purchase Agreement") with Agnico Eagle Mines Limited ("Agnico") pursuant to which the Company will sell its 7.5% net profit interest royalty (the "Royalty") over certain properties in the Porcupine Mining District of Ontario, including Agnico's Aurora and Sunday Lake properties, to Agnico for cash consideration of $5,000,000 (the "Transaction"). Recommendation of the Board and Special Committee The board of directors of the Company (the "Board") established a special committee (the "Special Committee") to review, assess and advise the Board on the Transaction, which is currently comprised of Patrick Evans as the sole member, with Mr.