

Practara has completed the digitisation of historical data on EPLs 8617, 8208, and 9727, identifying preliminary, high-priority conceptual exploration targets for both basement-hosted uranium and secondary palaeochannel/calcrete-hosted uranium mineralisation. Interpretation of the digitised datasets and evidence-based (mineral systems) prospectivity assessment have strengthened the Company's understanding of the EPLs and provide the foundation for the 2026-2027 fieldwork program.

EPL 8208, 9727 and 8617 are strategically located in the Erongo Region, adjacent to or within 10 to 25 km of one of Namibia's three uranium mines - Rössing, Husab, Langer Heinrich, which produce approximately 10% of global uranium output. Each project offers dual prospectivity for primary leucogranite-associated uranium mineralisation analogous to the Rössing and Husab deposits, and secondary calcrete-hosted palaeochannel uranium mineralisation analogous to the Langer Heinrich deposit.

Skeleton Coast Uranium has agreements to acquire controlling interests in five Exclusive Prospecting Licences ("EPLs") in the Erongo Region of

Vancouver, British Columbia--(Newsfile Corp. - March 3, 2026) - Glacier Lake Resources Inc. (TSXV: GLI) (OTC Pink: GLIIF) (FSE: KDM) (the "Company") announces that effective at the close of business on March 4, 2026 it will consolidate its common share capital on a 1 for 2.4 basis (the "Consolidation") and change its name to "Skeleton Coast Uranium Corp." Effective at the open of markets on March 5, 2026, the common shares of the Company will commence trading on a post-Consolidation basis under the new name and ticker symbol "SKEL" and new CUSIP 83058E106. The Company currently has 25,447,554 common shares outstanding and following completion of the Consolidation it is expected that the Company will have approximately 10,603,147 shares outstanding.

Vancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Glacier Lake Resources Inc. (TSXV: GLI) (OTC Pink: GLIIF) (FSE: KDM) (the "Company") announces that further to its news release of February 23, 2026, the board of directors of the Company has amended its consolidation ratio and has approved a consolidation (the "Consolidation") of the outstanding share capital of the Company on a 1 for 2.4 basis. As a result of the Consolidation, the Company's currently issued and outstanding 25,447,554 common shares will be reduced to approximately 10,603,147 post-Consolidation common shares.

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