Stearman Resources Announces Private Placement

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA – TheNewswire - September 26, 2025 –
Stearman Resources Inc. (CSE:STMN) (“Stearman” or the
“Company”) announces a
non-brokered private placement of up to 10,000,000 common shares (the
"Shares"), at a price of $0.15 per Share for gross proceeds of
up to $1,500,000 (the "Offering").

The Company will also be offering up to 16,000,000
flow-through common shares (the ”Flow-through Shares”), at a price of $0.25 per Flow-through Share for gross
proceeds of up to $4,000,000 (the “Flow-through Offering”).

In connection with the Offering and the Flow-through Offering, the
Company will pay to qualified finders, a 6% cash finders fee and a 6%
finder’s fee payable in non-transferable share purchase warrants.
Each warrant entitling the holder thereof to purchase one common share
in the capital of the Company at a price of $0.50 per share for a
period of twenty-four (24) months from closing of the Offering and
Flow-through Offering.

The gross proceeds from the sale of the Flow-through Shares will be
used by the Company to incur eligible “Canadian exploration
expenses” that will qualify as “flow-through mining
expenditures” as such terms are defined in the Income Tax Act (Canada) (the
“Qualifying Expenditures“)
related to the Company’s projects in Canada.

All securities issued pursuant to the Offering will be
subject to a hold period of four months and one day as required under
applicable securities legislation.

The securities issued pursuant to
the Offering have not been, nor will they be, registered under the
United States Securities Act of 1933, as amended, and may not be
offered or sold within the United States or to, or for the account or
benefit of, U.S. persons in the absence of U.S. registration or an
applicable exemption from the U.S. registration requirements. This
news release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in
the United States or in any other jurisdiction in which such offer,
solicitation or sale would be unlawful.

About
Stearman

The Company is a mineral
exploration company focused on the acquisition, exploration and
development of mineral properties in Canada and the USA. The Company
currently owns a 100% interest in the NeoCore Uranium Property
consisting of 6 mineral claims covering 13,012 hectares, located in
the Athabasca Basin in northern Saskatchewan.  The Company further
holds an option for up to a 70% interest in the Murphy Lake Uranium
Property, consisting of 609 hectares also located in the Athabasca
Basin in northern Saskatchewan, and now owns a 100% interest in the
Zoo Bay Uranium Property consisting of 15
mineral claims covering 19,850 hectares, also located in the Athabasca
Basin.

On Behalf of Stearman Resources Inc.

Lester Esteban, CEO  

Contact:

Stearman Resources Inc.

Howard Milne, President

Email: hdmcap@shaw.ca

Telephone: (604)
377-8994

Website: www.stearmanresources.com

Forward Looking Statements: This new release may contain
“forward‐looking information or statements” within the meaning
of Canadian securities laws, which may include, but are not limited to
statements relating to its future business plans. All statements in
this release, other than statements of historical facts, that address
events or developments that the Company expects to occur, are
forward-looking statements. Forward-looking statements are statements
that are not historical facts and are generally, but not always,
identified by the words “expects”, “plans”, “anticipates”,
“believes”, “intends”, “estimates”, “projects”,
“potential” and similar expressions, or that events or conditions
“will”, “would”, “may”, “could” or “should” occur.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results
may differ from those in the forward-looking statements. Such
forward-looking information reflects the Company’s views with
respect to future events and is subject to risks, uncertainties and
assumptions. The Company does not undertake to update
forward‐looking statements or forward‐looking information, except
as required by law.

The CSE has neither approved nor disapproved the contents of
this news release. Neither the CSE nor its regulation services
provider accepts responsibility for the adequacy or accuracy of this
release.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S.
NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

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