New Break Consolidates Moray Project Land Position and Grants Stock Options

About this update from New Break Resources Ltd.

Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) ("New Break" or the "Company") has purchased five mineral claims in McArthur Township for $3,500 covering 108 hectares and staked an additional 36 mineral claims at a cost of $1,800, covering 774 hectares in Fripp and McArther Townships. The acquisition of the five claims joins two large previously non-contiguous land positions at the Company's Moray property ("Moray"), into one large 28,286-hectare land package. The ability to distribute assessment credits across nearly all of the Moray project mineral claims, allows for greater flexibility with respect to the timing and extent of conducting exploration activities outside of drilling the Zavitz gold zone. Moray is located approximately 49 km southeast of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. Figure 1 - Moray property including mineral claims staked and acquired since January 1, 2026. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8019/298161_c6c86834c4d0da6c_001full.jpg Stock Option Grant New Break also announces that effective May 20, 2026, it has granted a total of 300,000 incentive stock options (the "Options") to purchase common shares of the Company ("Common Shares") to three consultants pursuant to the Company's stock option plan. Each Option is exercisable into one Common Share at a price of $0.285 per Common Share for a period of five (5) years from the date of grant. The Options vest in full on the grant date. Each of the consultants, local to the Timmins area, has performed a key role in all drilling programs to date at the Company's Moray gold project, and will continue to support ongoing drilling at Moray. None of the consultants had received a previous grant of Options. Qualified Person and Disclaimer Peter C. Hubacheck, P. Geo, consulting geologist to New Break, and an independent Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure in this news release. About New Break Resources Ltd. New Break is a Canadian mineral exploration company focused on its Moray gold project located 49 km south of Timmins, Ontario, in a well-established mining camp within pro...

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