Prospect Ridge Announces Closing of Flow-Through Share Private Placement

VANCOUVER, BC / ACCESS Newswire / March 18, 2026 / Prospect Ridge Resources Corp Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE:PRR)(OTC:PRRSF)(FRA:OED) is pleased to announce that it has closed its non-brokered flow-through private placement (the "FT Placement") of $0.09 flow-through shares (the "FT Shares") announced on March 6, 2026 (see news release for details) issuing an aggregate of 5,000,000 flow-through shares for gross proceeds of $450,000 to a Canadian flow-through fund that has been a long time supporter of the Company. In connection with the closing, the Company paid finder fees of $31,500 in cash and 350,000 warrants exercisable to purchase one non-flow-through common share of the Company at a price of $0.15 for a period of two years after closing.