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AVR.V ·

Avaron Announces the Results of Annual General Meeting and Appoints Ron Hall as Director of the Board

Management Changes Shareholder Meetings

AVARON MINING CORP.

3847 Vance Road

Cultus Lake, BC V2R 5A6

News Release TSX-V: AVR

Avaron Announces the Results of Annual General Meeting and

Appoints Ron Hall as Director of the Board

January 12, 2026 – Vancouver, British Columbia - Avaron Mining Corp. (TSX-V: AVR) (the “Company” or

“Avaron”), announces the results of its annual general meeting held on December 30, 2025, in Vancouver,

British Columbia (the "Meeting").

At the Meeting, all nominees were elected as directors of the Company. A total of 5,164,700 common

shares were voted at the meeting representing 34.32% of the issued and outstanding shares. Shareholders

voted in favour of the election of all director nominees as shown in the following table:

Director Percentage of votes in favor

Carlos J. Escribano 100%

Ronald A. Hall 100%

Nicholas Tintor 100%

Jason Birmingham 100%

Miloje Vicentijevic 100%

In addition, at the Meeting, shareholders also (i) re-appointed Lancaster & David, Chartered Professional

Accountants, as auditors of the Company; and (ii) approved the existing stock option plan of the Company.

Board of Directors

The Company is pleased to announce the appointment of Mr. Ronald Hall as the Director of its Board of

Directors.

Ronald Hall has over 40 years professional experience in the management, operation, evaluation and

design of global mining projects.

A graduate from Cardiff University in Wales, Ron has lived and worked in the UK, South Africa, Botswana,

Canada, Australia and China and in addition has been involved in business and mining opportunities in

India, Russia, North America, Chile, Brazil and Mexico.

For the past 15 years, Ron has been involved in all aspects of junior mining company management from

project generation to finance and management.

The Company also announces the resignation of Mr. Gordon Bub, as Director, effective December 30,

2025. The Board of Directors would like to thank Mr. Bub for his services to the Company and wish him

success in his future endeavors.

About Avaron Mining Corp.

Avaron Mining Corp. brings together a veteran team of engineers, geologists, and finance professionals

with a focused strategy to acquire and develop mineral projects with an emphasis on safe, low risk

jurisdictions favorable to mining development. Avaron is earning a 100% interest in the Tolisnica and

Stanca Copper Property in Serbia.

On behalf of the Board of Directors of Avaron

Mining Corp.

Miloje Vicentijevic, President and Chief Executive Officer

Avaron Mining Corp.

Telephone: 604.617.1239

Forward-Looking Information: Certain statements made and information contained herein may constitute “forward -looking

information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities legislation.

These statements and information are based on facts currently available to Avaron and there is no assurance that the actual results

will meet management’s expectations. Forward -looking statements and information may be identified by such terms as

“anticipates,” “believes,” “targets,” “estimates,” “plans,” “expects,” “may,” “will,” “could” or “would.” Forward looking statements

in this press release but are not limited to, statements with respect to the expectations of management regarding the Offering, the

expectations of management regarding the use of proceeds of the Offering, closing conditions for the Offering, and approval from

the Exchange in respect of the Offering. These forward- looking statements are subject to a variety of risks and uncertainties and

other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.

Risks that could change or prevent these statements from coming to fruition include the Exchange approving to the Offering; t he

proceeds of the Offering may not be used as stated in this news release; Avaron may be unable to satisfy all of the conditions to the

closing required by the Exchange. Avaron does not undertake to update any forward- looking statements or information except as

may be required by applicable securities laws.

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 ACCURACY OR ADEQUACY OF THIS

RELEASE.