Corcel Exploration Inc. — Audit Report / Information 2026

Feb 5, 2026

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February 4, 2026

Alberta Securities Commission British Columbia Securities Commission Ontario Securities Commission

Re: Corcel Exploration Inc. ("the Company") Notice Pursuant to NI 51-102 – Change of Auditor

As required by the National Instrument 51-102 and in connection with our proposed engagement as auditor of the Company, we have reviewed the information contained in the Company's Notice of Change of Auditor dated February 2, 2026 and agree with the information contained therein, based upon our knowledge of the information relating to the said notice and of the Company at this time.

Yours truly,

WDM

Chartered Professional Accountants

WDM CHARTERED PROFESSIONAL ACCOUNTANTS

cc. Corcel Explorations Inc.

Q:\WINWORD\MIKEKAO\MKLETRS\Corcel Exploration Inc\Appointment - Auditors\Corcel Exploration Inc. - Ltr to Regulators re appointment as auditors (Feb 2026).docx