AUME.V · 2025-01-02 12:00:00

Kintavar enters Definitive Agreement to Sell the Fer à Cheval Outfitter

Mergers & Acquisitions

MONTREAL, Jan. 02, 2025 -- Kintavar Exploration Inc. (the “ Corporation” or “Kintavar”) (TSX-V: KTR), is pleased to

announce that further to its December 30, 2024 press release, it entered into a definitive agreement to sell the Corporation’s

wholly owned subsidiary, 9194-3126 Québec Inc., doing business as the Fer à Cheval Outfitter (the “ Transaction”). The

Transaction is now closed in escrow and the final disbursement is expected to be completed on or about January 15, 2025.

About Kintavar Exploration & the Mitchi – Wabash Properties

Kintavar Exploration is a Canadian mineral exploration Corporation engaged in the acquisition, assessment, exploration and

development of gold and base metal mineral properties. Its flagship project is the Mitchi – Wabash copper-silver district

(approx. 39 000 hectares, 100% owned) located 100 km north of the town of Mont-Laurier and 15 km East of the town of

Parent in Quebec. Both properties cover an area of more than 300 km 2 accessible by a network of logging and gravel roads

with access to hydro-electric power already on site, major regional roads including railroad and a spur. The properties are

located in the north-western portion of the central metasedimentary belt of the Grenville geological province. The projects

primarily focus on sediment-hosted stratiform copper type mineralization (SSC) but include Iron Oxide Copper Gold (IOCG)

and skarn type targets. Osisko holds a 2% NSR on 27 claims of the southern portion of the Mitchi property, outside of the

sedimentary basin. Kintavar also has exposure in the gold greenstones of Quebec by advancing the Anik Gold Project in a

partnership with IAMGOLD.

For further information contact:

Kiril Mugerman, President and CEO

Phone: +1 450 641 5119 #5653

Web: www.kintavar.com

Forward looking Statements:

Neither 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 release.

This news release contains statements that may constitute “forward-looking information” or “forward looking statements” within

the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among

others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying

any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”,

“intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking

statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not

necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No

assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including

additional closings of the private placement referred to above, or if any of them do so, what benefits the Corporation will

derive. Forward-looking statements and information are based on information available at the time and/or management's good-

faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other

unpredictable factors, many of which are beyond the Corporation’s control. These risks, uncertainties and assumptions

include, but are not limited to, those described under “Risk Factors” in the Corporation’s management’s discussion and

analysis for the fiscal year ended December 31, 2023, which is available on SEDAR+ at www.sedarplus.ca; they could cause

actual events or results to differ materially from those projected in any forward-looking statements. The Corporation does not

intend, nor does the Corporation undertake any obligation, to update or revise any forward-looking information or statements

contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by

applicable laws.