McFarlane Lake Mining Commences Trading on Frankfurt Exchange and Announces Participation in Upcoming Investor Conferences

Press Release

Toronto, Canada – February 17, 2026 – McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF, FRA: W2Z), is pleased to announce the Company commenced trading on the Frankfurt Exchange under the Symbol FRA: W2Z. This listing forms part of the Company’s broader strategy to expand investor awareness of its flagship Juby Gold Project across North America and Europe.

The Company will also participate in several upcoming investor conferences, including the Red Cloud Pre-PDAC 2026 Mining Showcase (February 26–27, 2026), the PDAC 2026 Convention (March 1–4, 2026), and the Precious Metals Summit 1×1 Meetings Program.

“Listing on the Frankfurt Exchange strengthens our access to international capital and reflects the growing interest in the Juby Gold Project,” said Mark Trevisiol, President & CEO. “With several key investor conferences ahead, we’re excited to connect directly with the market and highlight the momentum we’re building.”

The Red Cloud Pre-PDAC Mining Showcase will be held in person at the Omni King Edward Hotel in Toronto. The event brings together mining companies and institutional investors for presentations, networking, and one-on-one meetings. President & CEO Mark Trevisiol will present on February 26th at 2:40pm ET.

The PDAC remains the world’s leading mineral exploration and mining convention, attracting global industry participants, investors, and analysts. As part of PDAC 2026, McFarlane will participate in the Precious Metals Summit Investor Exchange at the Metro Toronto Convention Centre on March 2–3, where management will meet with qualified institutional investors.

Members of the Company’s management team will be available throughout the conference week to discuss recent developments and near-term plans for the Juby Gold Project.

Investors interested in meeting with management or learning more about McFarlane Lake Mining are encouraged to contact investors@mcfarlanelakemining.com.

About McFarlane Lake Mining Limited

McFarlane Lake Mining Limited is a Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located near Gowganda, Ontario, within the established Abitibi Greenstone Belt. The Juby Gold Project hosts a current (effective September 29, 2025) NI 43-101 compliant Mineral Resource Estimate (“MRE”) of 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold (31.74 million tonnes) and an additional 3.17 million ounces of gold in the Inferred category at an average grade of 0.89 g/t gold (109.48 million tonnes). The estimate was calculated using a long-term gold price of US$2,500 per ounce, applying cut-off grades of 0.25 g/t gold for open pit and 1.85 g/t gold for underground resources.

A sensitivity analysis completed at a higher gold price of US$3,750 per ounce resulted in an Indicated Mineral Resource of 1.20 million ounces grading 0.94 g/t gold (39.51 million tonnes) and an Inferred Mineral Resource of 4.23 million ounces grading 0.85 g/t gold (154.50 million tonnes) applying cut-off grades of 0.25 g/t gold for open pit and 1.15 g/t gold for underground resources.

The independent MRE was prepared by BBA E&C Inc. in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The full technical report supporting the resource estimate was filed on SEDAR+ on November 21, 2025, and is also available on the Company’s website www.mcfarlanelakemining.com.

McFarlane is actively executing an exploration drilling program and additional technical studies at the Juby Project to further evaluate and advance this large-scale gold system.

In addition to Juby, McFarlane holds a portfolio of 100%-owned gold assets across Ontario, including the past-producing McMillan Gold Mine and Mongowin properties located approximately 70 kilometres west of Sudbury and the Michaud/Munro properties located 115 kilometres east of Timmins. McFarlane Lake Mining Limited is a reporting issuer in Ontario, British Columbia, and Alberta.

Readers are cautioned to refer to the “Cautionary Statement on Mineral Resources” and all other disclaimers included in this news release for important information regarding the limitations and verification status of the data presented above and elsewhere herein.

To learn more, visit: https://mcfarlanelakemining.com/.

Additional information on McFarlane can be found by reviewing its profile on SEDAR+ at www.sedarplus.com.

Further Information

For further information regarding McFarlane, please contact:

Mark Trevisiol,
Chief Executive Officer, President and Director
McFarlane Lake Mining Limited
(705) 665-5087
mtrevisiol@mcfarlanelakemining.com

Kaitlin Taylor
Investor Relations
investors@mcfarlanelakemining.com

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