Iconic Provides Corporate Update

Rhea-AI Summary

Iconic Minerals (OTCQB: ICMFF) announced on March 19, 2026 that it has terminated its investor relations agreement with Pollen Agency Ltd due to that agency's restructuring. The company said no cash payments were made under the agreement and the previously granted 3,000,000 stock options were cancelled.

Contact details for investor inquiries were provided and public documents remain available on SEDAR+; the TSXV disclaims responsibility for the release's adequacy or accuracy.

Positive

• Cancellation of 3,000,000 stock options reduces potential future dilution

Negative

• Termination of investor relations agreement may reduce external investor outreach

Vancouver, British Columbia--(Newsfile Corp. - March 19, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQG) (the "Iconic") announces the termination of its investor relations agreement (the "Agreement") (see News Release August 15, 2025) with Pollen Agency Ltd. (the "Company") due to notification of restructuring which has taken place within the Company and is no longer providing certain services. No cash payments have been paid in connection the Agreement and the 3,000,000 stock options that had been granted have been cancelled.

On behalf of the Board of Directors

SIGNED: "Richard Barnett"

Richard Barnett, CFO

Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com. The Company's public documents may be accessed at www.sedarplus.com

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.

Cautionary Note Regarding Forward-Looking Statements: This news release includes certain forward-looking statements or information within the meaning of applicable Canadian and U.S. securities legislation. All statements other than statements of historical fact included in this news release including, without limitation, the exercise of the stock options are forward-looking statements that involve various risks and uncertainties. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained lithium and gold demand and prices. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289271

FAQ

Why did Iconic Minerals (ICMFF) terminate the investor relations agreement on March 19, 2026?

Iconic terminated the agreement because the agency notified Iconic of a restructuring and stopped providing certain services. According to the company, the change in the agency's structure rendered it unable to continue performing under the agreement.

Were any cash payments made to Pollen Agency under the terminated ICMFF agreement?

No cash payments were made in connection with the investor relations agreement. According to the company, the agreement concluded with no cash disbursements to Pollen Agency.

What happened to the 3,000,000 stock options previously granted under the ICMFF agreement?

The 3,000,000 stock options were cancelled as part of the termination of the agreement. According to the company, those options are no longer outstanding following cancellation.

How can investors contact Iconic Minerals (ICMFF) after the March 19, 2026 update?

Investors can contact Keturah Nathe, VP Corporate Development, at the provided phone number or visit the company website. According to the company, contact details and public filings are on SEDAR+ and the corporate website.

Does the termination of the Pollen Agency agreement affect Iconic Minerals' filings or regulatory standing?

The company did not indicate any change to regulatory filings or listing status in the notice. According to the company, public documents remain available on SEDAR+ and the TSXV disclaimer applies.