Buffalo Potash Announces Closing of Second and Final Tranche of Oversubscribed and Upsized C$14.85 Million Non-Brokered Private Placement

About this update from Buffalo Potash Corporation

Buffalo Potash Announces Closing of Second and Final Tranche of Oversubscribed and Upsized C$14.85 Million Non-Brokered Private PlacementSaskatoon, Saskatchewan--(Newsfile Corp. - June 29, 2026) - Buffalo Potash Corporation (TSXV: BUFF) (OTCQB: BLPTF) (the "Company") is pleased to announce that, further to its news releases dated June 8, 2026, June 9, 2026, June 22, 2026 and June 24, 2026, it has closed the second and final tranche (the "Second Tranche") of its oversubscribed and upsized non-brokered private placement (the "Offering"), thereby completing the Offering. As previously announced, in response to strong investor demand, the Company exercised in full the option to increase the size of the Offering by up to 10% (the "Upsize Option") described in its news release dated June 22, 2026, increasing the maximum size of the Offering to C$14,850,000. Together with the first tranche of the Offering that closed on June 24, 2026 (the "First Tranche"), the Company has now raised aggregate gross proceeds of C$14,850,001.96 under the Offering through the issuance of an aggregate of 28,006,504 securities. Under the Second Tranche, the Company issued 1,500,000 Charity Flow-Through Units ("Charity FT Units") at a price of C$0.558 per Charity FT Unit for gross proceeds of C$837,000.00. The closing of the Second Tranche completes the Offering. Across both the First Tranche and the Second Tranche, the Company issued an aggregate of 4,739,375 hard dollar units (the "Hard Dollar Units"), 6,994,073 common shares of the Company (a "Share") on a "flow-through" basis (the "FT Shares"), and 16,273,056 Charity FT Units for total aggregate gross proceeds of C$14,850,001.96.Mr. Steve Halabura P.Geo., Chief Executive Officer of the Company, commented: "The conventional approach to building new potash supply - enormous upfront capital, decade-long timelines, and the budget escalations that have come to define large greenfield development - is reaching its limits, and the industry knows it. We believe that creates an opening for a smarter model, and we believe Buffalo Potash is positioned to deliver it. With this oversubscribed financing now fully closed, we have the financial strength to turn our focus to operational execution and excellence as we advance toward becoming the next major supplier of global potash. Our goal is to reshape the future of global supply with a mining m...

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