Vancouver, British Columbia--(Newsfile Corp. - May 25, 2026) - First Atlas Resources Corp. (CSE: HHE) (OTC Pink: BTKRF) (FSE: 0NB0) ("First Atlas" or the "Company") is pleased to announce that it has entered into an agreement with Research Capital Corporation ("RCC" or the "Underwriter"), as sole underwriter and sole bookrunner, in connection with a "bought deal" private placement offering under the LIFE Exemption (as defined herein) of 28,572,000 units of the Company (each, a "Unit") at a price of C$0.07 per Unit (the "Issue Price") for aggregate gross proceeds of C$2,000,040 (the "Offering"). Each Unit will consist of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant (a "Warrant").