Saskatoon, Saskatchewan--(Newsfile Corp. - August 11, 2026) - 1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") is pleased to announce that it has completed the first tranche closing of its previously announced non-brokered private placement (the "Offering"), originally announced on July 14, 2026. Each Warrant entitles the holder to acquire one additional Share (a "Warrant Share") at an exercise price of $0.05 per Warrant Share (the "Exercise Price") for a period of 24 months from the date of issuance, subject to the policies of the TSX Venture Exchange (the "TSXV"). Forward-Looking StatementsThis news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.