Finlay Minerals Appoints an Executive Chairman, President & CEO, and Vice President, Corporate Development

Finlay Minerals Appoints an Executive

Chairman, President & CEO, and Vice

President, Corporate Development

VANCOUVER, BC

,

May 12, 2025

/CNW/ -

Finlay Minerals Ltd.

(TSXV: FYL) (OTCQB: FYMNF)

("Finlay" or the "Company")

is pleased to announce that it has appointed

Robert F. Brown

as

Executive Chairman of the Board, and

Ilona Barakso Lindsay

as President & Chief Executive Officer.

Mr. Brown and Ms. Lindsay formerly held the positions of President & CEO, and Vice President

Corporate Relations, respectively. Both Mr. Brown and Ms. Lindsay also continue to be directors

of Finlay.

The Company is further pleased to announce the appointment and to welcome

Susan Flasha

as Vice

President, Corporate Development. Ms. Flasha has held positions with Brixton Metals in Corporate

Development and as Senior Geologist where she established partnerships with BHP Group Ltd. and

Eldorado Gold Corp., and Pretium Resources as Senior Project Geologist for the Brucejack Mine

and Bowser Regional Exploration program. Ms. Flasha holds a Master of Science degree in

Geological Sciences from Queen's University.

Gord Steblin continues as Chief Financial Officer and

Wade Barnes

as Vice President, Exploration of

the Company. The Company recognizes and thanks them both for their continued efforts and support

as we advance Finlay.

About Finlay Minerals Ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits through the

advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-

gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and

central BC. Each property is located in areas of recent development and porphyry discoveries with

the advantage of hosting the potential for new discoveries.

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB.

For further information and details, please visit the Company's website at

www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown

,

Executive Chairman of the Board & Director

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the

TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information:

This news release includes certain "forward-looking information"

and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of

applicable Canadian securities legislation. All statements in this news release that address events

or developments that we expect to occur in the future are forward-looking statements. Forward-

looking statements are statements that are not historical facts and are generally, although not

always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential",

"schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their

negative connotations, or that events or conditions "will", "would", "may", "could", "should" or

"might" occur. All such forward-looking statements are based on the opinions and estimates of

management as of the date such statements are made. Forward-looking statements in this news

release include statements regarding, among others, the exploration plans for the Properties.

Although Finlay believes the expectations expressed in such forward-looking statements are based

on reasonable assumptions, such statements are not guarantees of future performance and actual

results or developments may differ materially from those forward-looking statements. Factors that

could cause actual results to differ materially from those in forward-looking statements include

market prices, exploration successes, and continued availability of capital and financing and

general economic, market or business conditions. These forward-looking statements are based on

a number of assumptions including, among other things, assumptions regarding general business

and economic conditions, the timing and receipt of regulatory and governmental approvals, the

ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a

timely manner, the availability of financing for Finlay's proposed transactions and programs on

reasonable terms, and the ability of third-party service providers to deliver services in a timely

manner. Investors are cautioned that any such statements are not guarantees of future

performance and actual results or developments may differ materially from those projected in the

forward-looking statements,

and accordingly undue reliance should not be put on such statements

due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise

its forward-looking statements, whether as a result of new information, future or otherwise, except

as required by applicable law.

SOURCE

Finlay Minerals Ltd.

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For further information:

For further information, contact: Finlay Minerals Ltd., Ilona Lindsay,

President, CEO & Director, Tel: 604-684-3099, [email protected]

CO: Finlay Minerals Ltd.

CNW 07:00e 12-MAY-25