Orecap Provides Clarifying Corporate Update

Toronto, Ontario--(Newsfile Corp. - March 16, 2026) - Orecap Invest Corp. (TSXV: OCI) (OTCQB: ORFDF) ("Orecap" or the "Company") provides additional disclosure regarding its plans to transfer or spinout its mining properties and assets previously disclosed in its April 29, 2025 news release, "Orecap Announces Intent to Spin Out Gold Assets in Kirkland Lake". This news release was requested by staff of the Ontario Securities Commission in connection with a staff review and is intended to provide additional disclosure with respect to the April 2025 News Release and the Company's plans going forward, as well as with respect to statements made in the Company's August 2025 corporate presentation and its November 27, 2025 news release.