Leocor Mining Announces Closing of Private Placement

VANCOUVER, British Columbia (March 26, 2026) – TheNewswire - Leocor Mining Inc. (CSE: LECR, OTCQB: LECRF, Frankfurt: LGO0) (“ Leocor ” or the “ Company ”) (formerly Leocor Gold Inc.) is pleased to announce that the Company has completed its previously announced non-brokered private placement of units of the Company (the “ Units ”) by the sale and issuance of 80,000,000 Units, at a price of $0.05 per Unit, for gross proceeds of $4,000,000 (the ” Private Placement ”).  Each Unit consisted of one common share of the Company (a “ Common Share ”) and one Common Share purchase warrant (a “ Warrant ”), with each Warrant exercisable to purchase one additional Common Share for a period of 3 years from the date of closing at an exercise price of $0.10. The Company expects to utilize net proceeds from the Private Placement to exercise certain convertible securities of Intrepid Metals Corp. held by the Company and for general working capital purposes.