Pacific Empire Announces First Tranche Closing of Non-Brokered Private Placement and Engagement of Equity Exploration Consultants Ltd.

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Pacific Empire Minerals Corp. (TSXV: PEMC) ("Pacific Empire", "PEMC" or the "Company") is pleased to announce that it has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement financing for aggregate gross proceeds of up to $4,500,000 (the "Offering"). Pursuant to the First Tranche, the Company raised an aggregate of $3,438,999.95 in gross proceeds and issued: 48,809,230 flow-through common shares (the "FT Shares") at a price of $0.065 per FT Share for gross proceeds of $3,172,599.95; and 4,440,000 non-flow-through common shares (the "Common Shares") at a price of $0.06 per Common Share for gross proceeds of $266,400.00.