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Sendero Resources Announces Closing Of $2 Million Institutional Equity Private Placement Sendero Resources Announces Closing Of $2 Million Institutional Equity Private Placement

Monday, January 26, 2026 1:15 PM PST

(via TheNewswire)

Vancouver, British Columbia – January 26 , 2026 – TheNewswire - Sendero Resources Corp. (TSXV: SEND) (the “Company” or “Sendero”) is pleased to announce the closing of a private placement (the “Offering”) by a single significant natural resources institutional investor (the “Purchaser”). The Offering has been non-brokered and results in the sale of 1,739,131 common shares of the Company at C$1.15 per share, for total consideration of approximately C$2 million which represents a premium to the Company’s previous financing. Aggregate proceeds from both financings are C$6.06 million and will be used for the Company’s drilling and broader exploration efforts at its Penas Negras property and working capital purposes.

The Purchaser will hold, after giving effect to the Offering, approximately 6.7% of the issued and outstanding common shares of Sendero on a non-diluted basis.

“This institutional-grade investment underscores the opportunity of Peñas Negras, strengthening our balance sheet and corporate profile. Alongside our Foundational Investing Group led by Peter Marrone, Founder, Chairman & CEO of Yamana Gold and Allied Gold, Pat DiCapo, founder and CEO of PowerOne Capital Markets, and Eduardo Elsztain, a prominent Argentine industrialist and investor, the Company continues to see participation from recognised investors,” said Alex Gostevskikh, Chief Executive Officer of Sendero Resources.

The shares issued to the Purchaser pursuant to the Offering are subject to a four-month and one-day statutory hold period, in accordance with applicable securities laws. Closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. No finder’s fees or commissions will be paid in connection with the Offering.

The proceeds of the Offering will be used for exploration on the Company’s properties in Argentina and for general working capital purposes. Further details on the drilling and broader exploration efforts at Peña’s Negras are expected to be provided soon.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The shares sold under the Offeing have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Sendero Resources Corp.

The Company is focused on copper-gold exploration at its 100% owned Peñas Negras Project in the Vicuña Belt in Argentina. The Peñas Negras Project has similar geological characteristics to other deposits in the Vicuña Belt and multiple porphyry and high-sulfidation epithermal targets have been identified on the project. The centre of the Peñas Negras concession area is situated approximately 18 km southeast of Caserones mine operated by Lundin Mining, approximately 24 km northeast of NGEx Minerals’ Lunahuasi project, and about 32 km north-northeast of BHP-Lundin Mining’s Filo del Sol advanced exploration and development stage project. The Company also has an option to earn an 100% interest on eight additional granted mining concessions covering 91.7 km2. The total project area comprises 211.77 km2

Qualified Person

Steven McMullan, P. Geo. supervised the preparation of and reviewed and approved the scientific and technical information pertaining to Peñas Negras Project contained in this news release. Mr McMullan is a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Further Information

For further information, please contact:

Sendero Resources Corp, Alex Gostevskikh, Chief Executive Officer Email: [email protected]

+1 888 455 7620

Follow Sendero Resources (@SenderoRes) on X, (Sendero Resources) on LinkedIn, and (@sendero_resources) on Instagram.

Cautionary Statement on Forward-Looking Information

This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected” “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Specifically, there is no assurance that: (i) the Offering will be completed on the terms outlined above, or at all; (ii) that regulatory approval to the Offering will be obtained; or (iii) Sendero will use the proceeds from the Offering in the manner stated above. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Cautionary Statement

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.