Decade Resources Ltd. — Capital/Financing Update 2024

Oct 2, 2024

FORM 51-102F3 MATERIAL CHANGE REPORT

ITEM 1 Reporting Issuer

Decade Resources Ltd. (" Decade " or the " Company ") Stewart, B.C. V0T 1W0

ITEM 2 Date of Material Change

Effective date for material change of September 30[th] , 2024

ITEM 3 News Release

A news release announcing the material change was disseminated on October 1[st] , 2024.

ITEM 4 Summary of Material Change

Stewart, BC – Decade Resources Ltd. (“Decade” or the Company) is pleased to announce that it has closed its previously announced private placement.

A total of 29,714,286 units were issued on a private placement basis at a price of 3.5 cents per unit, for aggregate gross proceeds of $1,040,000. Each unit comprised one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.06 per share, for a 5-year period.

It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more then 10% of the funds towards exploration on its BC Properties. None of the proceeds from the financing will be used for payments to nonarm's-length parties of the company other than normal course compensation of its officers, directors, employees and consultants as part of general working capital purposes, or to persons conducting investor relations activities.

All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring Jan. 31, 2025, in accordance with applicable securities laws.

In consideration for introducing certain subscribers to the private placement, the company paid a cash finder’s fee totaling $71,400 and issued 2,040,000 warrants at $0.06 to a finder.

The Company further announces that there will not be a Tranche 2 of its Flow Through PP, originally announced on August 19, 2024. The first trance closed on September 11, 2024. The Company currently has enough funding to complete the Del Norte option.

ITEM 5 Full Description of Material Change

See Schedule “A” attached for a copy of the news release announcing the material change.

ITEM 6 Reliance on Subsection 7.1(2) of National Instrument 51-102

N/A

ITEM 7 Omitted Information

N/A

ITEM 8 Executive Officer

Randolph Kasum, Director (250) 636-2264

ITEM 9 Date of Report

October 2[nd] , 2024

Not for distribution to U.S. news wire services or dissemination in the United States.

Decade Resources Ltd. 426 King Street Stewart, BC V0T 1W0

TSX.V Trading Symbol: DEC

NEWS RELEASE

October 1, 2024

DECADE RESOURCES CLOSES PRIVATE PLACEMENT FOR TOTAL GROSS PROCEEDS OF $1,040,000

Stewart, BC – Decade Resources Ltd. (“Decade” or the Company) is pleased to announce that it has closed its previously announced private placement.

A total of 29,714,286 units were issued on a private placement basis at a price of 3.5 cents per unit, for aggregate gross proceeds of $1,040,000. Each unit comprised one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.06 per share, for a 5-year period.

It is expected that the majority of the proceeds will be used for general working capital purposes. The Company may use more then 10% of the funds towards exploration on its BC Properties. None of the proceeds from the financing will be used for payments to nonarm's-length parties of the company other than normal course compensation of its

officers, directors, employees and consultants as part of general working capital purposes, or to persons conducting investor relations activities.

All securities that were issued are subject to a statutory hold period of four months from the date of issuance, expiring Jan. 31, 2025, in accordance with applicable securities laws.

In consideration for introducing certain subscribers to the private placement, the company paid a cash finder’s fee totaling $71,400 and issued 2,040,000 warrants at $0.06 to a finder.

The Company further announces that there will not be a Tranche 2 of its Flow Through PP, originally announced on August 19, 2024. The first trance closed on September 11, 2024. The Company currently has enough funding to complete the Del Norte option.

Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the “Golden Triangle” area of northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca which is presently being updated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.

ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.

“Ed Kruchkowski” Ed Kruchkowski, President

“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.” “This news release may contain forward–looking statements. Forward-looking statements address future events and

conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently

anticipated in such statements.”