Western Star Resources Increases Non-Brokered Private Placement for Aggregate Proceeds of CAD $3,000,000

Tuesday, February 17, 2026 5:00 AM PST

(via TheNewswire)

February 17, 2026 – TheNewswire - Western Star Resources Inc. (CSE: WSR) (the “Company” or “Western Star”) is pleased to announce that it intends to increase the previously announced non-brokered Private Placement (the "Private Placement") up to 20,000,000 units of the Company ("Units") at a price of $0.15 per Unit for aggregate gross proceeds of up to $3,000,000.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of $0.30 for a period of 24 months from the date of issuance.

The Company intends to use the net proceeds to define high priority drill targets at its Western Star Project and to complete its critical metals move into Nevada, general working capital and market awareness. The Private Placement remains subject to receipt of all required approvals, including the approval of the CSE, as well as execution of formal documentation.

Western Star President and CEO, Blake Morgan states “We are extremely pleased with the strong interest in this financing, which reflects growing recognition of tungsten and critical minerals as strategic resources in North America. This capital positions Western Star to aggressively advance high-priority drill targets at our Western Star Project while accelerating our expansion into Nevada. We believe we are building meaningful exposure to a commodity that is increasingly vital to defense, infrastructure, and advanced technologies."

The Company also announces that it has granted 150,000 stock options to a consultant of the Company pursuant to its stock option plan. The options are exercisable at a price of $0.27 per share for a period of three years from the date of grant.

Additional Information

Additional information about the Company and the Transaction is available on SEDAR at www.sedarplus.ca under the Company’s profile. The summary of the Transaction set out above is qualified in its entirety by reference to the description of the Transaction in the Company’s filing statement posted on SEDAR.

About Western Star Resources

Western Star Resources is a mineral exploration and development company. The company’s objective is to increase shareholder value through the development of exploration properties using cost-effective exploration practices, acquiring further exploration properties and seeking partnerships by either joint venture or sale with industry leaders. The company currently owns nine non-surveyed contiguous mineral claims totaling 4,740 hectares, which are located within the Revelstoke mining division of British Columbia. The Western Star property group is located approximately 50 kilometers southeast of Revelstoke, B.C., and roughly 10 kilometers north of the abandoned community of Camborne.

Contact Information:

Blake Morgan,

CEO and Director

[email protected]

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Certain of the statements made and information contained herein may constitute “forward-looking information”. In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.