Aurion Resources Ltd. — Share Issue/Capital Change 2025

Sep 25, 2025

Form 51-102F3

Material Change Report

Item 1
Name and Address of Reporting Issuer

Aurion Resources Ltd. (the “Company”)
120 Torbay Road, Suite W220
St. John, NL A1A 2G8

Item 2
Date of Material Change

September 22, 2025

Item 3
News Release

A news release dated September 22, 2025 was disseminated through the facilities of Cision news dissemination services and filed with the applicable securities regulatory authorities.

Item 4
Summary of Material Change

The Company announced granting of stock options under its Stock Option Plan to purchase 1,375,000 common shares of the Company at an exercise price of $1.10 per share for a five-year term expiring September 22, 2030. The stock options are being granted to certain directors, officers, employees and consultants of the Company..

Item 5
Full Description of Material Change

ST. JOHN'S NL, Aug. 13, 2024 /CNW/ - Aurion Resources Ltd. (TSXV: AU) (OTCQX: AIRRF)("Aurion" or the "Company") announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 2,800,000 common shares of the Company at an exercise price of $0.57 per share for a five-year term expiring August 13, 2029. The stock options are being granted to certain directors, officers, employees and consultants of the Company

Item 6
Reliance on subsection 7.1(2) of National Instrument 51-102

N/A

Item 7
Omitted Information

No information has been omitted on the basis that it is confidential information.

Item 8
Executive Officer

Mr. Matti Talikka, Chief Executive Officer
Telephone: (905) 220-4965

Item 9
Date of Report

This material change report is dated September 5, 2024.