ARMY

UK's $20B defense overhaul puts defense ETFs in focus as higher military spending could boost key holdings across the industry.

Vancouver, B.C. – TheNewswire - June 19, 2026 – Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the " Company " or " Armory ") a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defence sectors, announces its intention to settle $181,200 in outstanding debt owed to a former officer of the Company for unpaid consulting services. The Company has agreed to issue 6,000,000 common shares of the Company at a deemed price of $0.0302 per share to the former officer (the “Debt Settlement”).   The Company intends to complete the Debt Settlement to preserve the Company's cash for working capital and improve its financial position by reducing its existing liabilities. The Debt Settlement is expected to close shortly, subject to customary closing conditions, including, but not limited to, finalizing all contractual documentation and receipt of all applicable regulatory approvals, as applicable, including compliance with the policies of the Canadian Securities Exchange (the “CSE”).