Announcement • Feb 27
Minaurum Silver Inc. Accelerates Exploration At Alamos Silver Project Minaurum Silver Inc. reported that six drill rigs are now operating at its Alamos Silver Project as part of the Phase II - 50,000-metre resource expansion drill program. Minaurum will continue step-out drilling on vein zones with established resources at Europa and PromontorioTravesia, while initiating resource-definition drilling on several additional veins, including San Jose, Quintera, Cotera-Pulpito, and Minas Nuevas. Recent step-out drilling at Europa has returned multiple high-grade silver intercepts, including: 0.50 m of 524 g/t silver equivalent ("AgEq") in hole AL25-172, 0.30 m of 1,032 g/t AgEq in hole AL25-174 and 1.40 m of 290 g/t AgEq In hole AL25-175. At Travesia-Quintera, step-out drilling returned 2.55 m of 197 g/t AgEq, including 0.40 m grading 567 g/t AgEqin hole AL25-173. The company anticipates a steady increase in drill results as the expanded fleet advances the program" Mineralization at the Europa and Travesia-Qu Intera zones has intersected high-grade silver over narrower widths that clearly define the margins of the robust silver shoots. The vein system displays a well-developed pinch-and-swell geometry along strike and down-dip, characterized by variations in vein thickness and grade. This continuity is exemplified by Hole AL25-163 at Europa, which returned 12.35 metres grading 408 g/t AgEq. including 3.20 metres of 1,277 g/t AgEq., in a 250-metre step-out, demonstrating a potentially large expansion of the mineralized envelope. Assay highlights of drill holes AL25-168 through AL25-178, Alamos project. EUROPA. Data review and verification: Stephen R. Maynard, Vice President of Exploration of Minaurum and a Qualified Person (QP) as defined by National Instrument 43-101, reviewed and verified the assay data, and has approved the disclosure in this news release. Verification was done by visual inspection of core samples and comparison to assay results. Assay results have not been checked by re-analysis. No factors were identified that could materially affect the accuracy or reliability of the data presented in this news release. Analytical Procedures and Quality Assurance/Quality Control: Preparation and assaying of drilling samples from Minaurum's Alamos project are done with strict adherence to a Quality Assurance/Quality Control (QA/QC) protocol. New Risk • Dec 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Dec 12
Minaurum Gold Inc. announced that it has received CAD 20 million in funding from Kesa Capital Corpand other investor On December 11, 2025, Minaurum Gold Inc. closed the transaction including exercise in full of the agents' option. Each Warrant entitles the holder thereof to purchase one Common Share at a price of CAD 0.50 at any time on or before December 11,2027. In consideration for the services provided by the Agents in connection with the Offering, the Company paid the Agents a cash
commission of CAD 1,423,354.76 and issued to the Agents 3,953,761 Common Share purchase warrants. Each of Kesa Capital Ltd., a company beneficially controlled by Darrel Rader, President, Chief Executive Officer and a director of the Company, Jasmine Lau, Chief Financial Officer of the Company,and Stephen Maynard, VP Exploration of the Company (collectively, the "Insiders"), purchased an
aggregate of 191,222 Units under the Offering. 
