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Corporate August 29, 2025

STEARMAN APPOINTS NEW CEO

VANCOUVER, BRITISH COLUMBIA – August 29, 2025 – Stearman Resources Inc. (CSE:STMN) is pleased to announce that it has appointed Mr. Lester Esteban of Saskatoon, Saskatchewan as the Chief Executive Officer of the Company.

Executive Background

Mr. Esteban is an experienced mining executive with over 15 years' experience in the mining, chemical and industrial markets. Mr. Esteban previously held roles with Univar Solutions Inc. and Quadra Chemicals Ltd., both leading chemical distributors, and Draeger Safety Canada Ltd., one of the world's leading safety manufacturing companies. Mr. Esteban had served as the Chief Executive Officer of Traction Uranium Corp. and remains as a Director on the Board. He had served as the Vice Chair of the CMP (Canadian Mineral Processors) Saskatchewan & Manitoba Regional Committee of the CIM (Canadian Institute of Mining Metallurgy and Petroleum) and completed his term as a Director with Pickleball Canada.

Mr. Howard Milne will continue as President of the Company.

About Stearman

Stearman Resources Inc. is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA. The Company currently owns a 100% interest in the NeoCore Uranium Property consisting of 6 mineral claims covering 13,012 hectares, located in the Athabasca Basin in northern Saskatchewan. The Company further holds an option for up to a 70% interest in the Murphy Lake uranium property, consisting of 609 hectares also located in the Athabasca Basin in northern Saskatchewan.

Mineral Resource Cautionary: The Company has not defined any mineral resources or mineral reserves on any of its properties. There is no guarantee that exploration will result in the discovery of an economic mineral deposit.

Adjacent Properties: References to mineralization, deposits, mines, and resources on adjacent or nearby properties are for geological context only. Mineralization on adjacent properties is not necessarily indicative of mineralization on the Company's properties.