Private Placement Closed

Private Placement Closed

August 26, 2025

Bitterroot Resources Ltd. (symbol BTT, TSX-V) has closed a non-brokered private placement of 19,780,000 units consisting of;

1. 1. 10,155,000 units priced at C$0.05, consisting of one common share and one-half common share purchase warrant exercisable at C$0.10 for two years and,
2. 2. 9,625,000 units priced at US$0.04, consisting of one common share and one-half common share purchase warrant exercisable at US$0.08 for two years.

The Company may accelerate the warrant expiry date if the 20-day volume weighted average trading price on the TSX Venture Exchage exceeds C$0.20 per share.

The proceeds of the private placement will fund the maiden reverse circulation drilling program (approximately 3,000 metres in 10 holes) on the Nighthawk Gold/Silver Project, near Tonopah, NV, and for general working capital.

Finders’ fees consisting of C$13,665 plus 273,300 broker warrants priced at C$0.10 for two years were paid in connection with the private placement. The common shares and any additional common shares issued pursuant to the exercise of warrants will be subject to a four-month hold period expiring December 20, 2025 (17,455,000 units) and December 27, 2025 (2,325,000 units).

This news release does not constitute an offer or solicitation to sell any of these securities in the United States. The securities will not be registered under the United States Securities Act of 1933, as amended (“the US Securities Act”), or under any State securities laws. The securities may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S Securities Act and applicable State securities laws, unless an exemption from such registration is available.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS: Certain statements contained in this press release may constitute forward- looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual events may differ materially from those projected in the forward-looking statements. When relying on forward- looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws. For such forward-looking statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.