Bonanza Mining Corporation Announces Effective Date of Share Consolidation

Suite 1710 – 1177 West Hastings Street Vancouver, B.C.

V6E 2L3

Trading Symbol: TSX-V: BNZ Telephone: 604-619-0225 Email: [email protected] or [email protected] Website: www.bonanzamining.com

Bonanza Mining Corporation Announces Effective Date of Share Consolidation

February 26, 2026 – Vancouver, British Columbia: Bonanza Mining Corporation (“Bonanza” or the “Company”) (TSX-V: BNZ) announces that further to its news releases dated November 7, 2025 and February 6, 2026 it has received acceptance from the TSX Venture Exchange for its one-for-3 share consolidation. The consolidation will be effective at the market opening on Tuesday, March 3, 2026. The Company’s name will be unchanged, and its common shares will continue to trade under the symbol BNZ on the TSX Venture Exchange. Bonanza’s new ISIN Number is CA09790B2093, and its new CUSIP Number is 09790B209.

In accordance with the Articles and By-Laws of the Company, the consolidation was approved by the Board of Directors of the Company, as shareholder approval was not required.

The principle effects of the consolidation will be that:

• the number of shares issued and outstanding will be reduced from 67,056,202 shares to approximately 22,352,067 shares; and
• the exercise or conversion price and/or the number of shares issuable upon any of Bonanza’s outstanding stock options and warrants will be proportionately adjusted after giving effect to the consolidation.

For further information, please contact:

Bonanza Mining Corporation Suite 1710 – 1177 West Hastings Street Vancouver, B.C. V6E 2L3 Attention: Alfredo De Lucrezia, President and Director Tel: 604-619-0225 Email: [email protected]

or

Drew Burgess, CEO and Director Tel: 403-383-8254 Email: [email protected]

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 news release.