Early Warning Report Filed Pursuant to National Instrument 62-103

Rhea-AI Summary

Decade Resources (TSXV:DEC / OTC:DECXF) disclosed an early warning report after selling two Golden Triangle mineral properties to Showcase Minerals on Dec 10, 2025. In consideration, Showcase issued 5,000,000 common shares to Decade, creating a 19% non-diluted ownership position.

The Common Shares are subject to a four-month plus one day hold period. Decade said it may acquire or dispose of additional Showcase securities in line with market conditions and securities rules. The early warning report will be filed on SEDAR+.

Positive

• Received 5,000,000 Showcase common shares as consideration for two mineral projects
• Stake equals 19% non-diluted ownership of Showcase following the Transaction

Negative

• Significant 19% minority stake could create selling pressure if disposed, affecting market liquidity
• Common Shares are subject to a four-month-plus-one-day hold period limiting immediate trading flexibility

News Market Reaction – DECXF

-2.35%

1 alert

-2.35% News Effect

On the day this news was published, DECXF declined 2.35%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Stewart, British Columbia--(Newsfile Corp. - February 3, 2026) - Decade Resources Ltd (TSXV: DEC) ("Decade") - On December 10, 2025 Decade entered into a mineral property purchase agreement with Showcase Minerals Inc. ("Showcase") pursuant to which Showcase acquired from Decade a 100% interest in two mineral properties located north of Stewart, British Columbia and just east of the Premier Gold Mine in the prolific Golden Triangle region (the "Transaction"). In consideration of acquiring a 100% interest in the mineral properties, known as the Grassy and Premier East Gold Projects, Showcase issued 5,000,000 common shares in its capital to Decade (the "Common Shares"). The Common Shares will be subject to a four-month and one day hold period from issuance.

Prior to the completion of the Transaction, Decade beneficially owned and controlled nil Common Shares. Upon completion of the Transaction, Decade beneficially owns and controls 5,000,000 Common Shares, representing 19% of the issued and outstanding Common Shares on a non-diluted basis.

Decade may acquire additional securities or dispose of existing securities on the basis of Decade's assessment of market conditions, reformulation of plans and/or other relevant factors, in each case in accordance with applicable securities regulatory requirements.

This disclosure is being made pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers in connection with the filing of an early warning report regarding the Company's acquisition of securities of Showcase. A copy of Decade's early warning report will be available on Showcase's profile on SEDAR+ at www.sedarplus.ca.

About Decade Resources Ltd.

Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are mostly located in the "Golden Triangle" area of northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca. For investor information please call 250- 636-2264 or Gary Assaly at 604-377-7969.

Forward-Looking Statements

This release includes certain statements that may be deemed "forward-looking statements". 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 subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those reflected in the forward-looking statements.

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

"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282622

FAQ

What did Decade announce about the December 10, 2025 transaction with Showcase (DECXF)?

Decade received 5,000,000 Showcase common shares as payment for two mineral properties. According to the company, this consideration creates a 19% non-diluted ownership stake in Showcase and triggers an early warning filing.

How large is Decade's ownership stake in Showcase after the transaction (DECXF)?

Decade beneficially owns 5,000,000 shares, representing 19% of Showcase on a non-diluted basis. According to the company, this percentage reflects issued and outstanding shares immediately after closing.

Are Decade's Showcase shares restricted from trading and for how long (DECXF)?

Yes. The Common Shares are subject to a four-month-and-one-day hold period from issuance. According to the company, that hold restricts Decade from selling the shares until the hold expires.

Will Decade file an early warning report for its Showcase holdings (DECXF)?

Yes. Decade will file an early warning report regarding its acquisition of Showcase securities. According to the company, a copy will be available on Showcase's SEDAR+ profile.

Can Decade buy or sell more Showcase shares after this transaction (DECXF)?

Decade may acquire or dispose of additional Showcase securities based on market conditions and plans. According to the company, any transactions will comply with applicable securities regulatory requirements.