Aztec Announces Warrant Extension ___________________________________________________________________

PO Box 10427 T: 604-685-9770

Suite 1610 – 777 Dunsmuir Street

Vancouver, BC V7Y 1K4 www.aztecminerals.com

Aztec Announces Warrant Extension

___________________________________________________________________

News Release - Vancouver, Canada – May 15, 2024 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF)

(“Aztec” or the “ Company”) announces that, subject to the approval of the TSX Venture Exchange (the

“Exchange”), it will extend the expiry date of certain outstanding share purchase warrants of the

Company. A total of 11,388,089 share purchase warrants (the “Warrants”) were originally issued by the

Company pursuant to the closing of a private placement on June 6, 2022. As issued, each Warrant entitles

the holder to purchase one common share of the Company at a price of $0.40 per share until June 6, 2024.

None of the Warrants have been exercised to date. The Company is seeking the approval of the Exchange

to extend the expiry date of the Warrants to December 6, 2025 . All other terms and conditions of the

Warrants will remain the same.

About Aztec Minerals – Aztec is a mineral exploration company focused on two emerging discoveries in

North America. The Cervantes project is an emerging porphyry gold-copper discovery in Sonora, Mexico.

The Tombstone project is an emerging gold-silver discovery with high grade CRD silver-lead-zinc potential

in southern Arizona. Aztec’s shares trade on the TSX -V stock exchange (symbol AZT) and on the OTCQB

(symbol AZZTF).

Contact Information - For more information, please contact:

Simon Dyakowski, President & CEO, Director

Tel: (604) 685-9770

Fax: (604) 685-9744

Email: [email protected]

Website: www.aztecminerals.com

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 release. No stock exchange, securities commission or other

regulatory authority has approved or disapproved the information contained herein.

Forward-Looking Statements:

Certain statements contained in this press release may constitute forward -looking statements under Canadian securities

legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”

or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. These

forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results

contemplated by the forward -looking statements. Factors that could cause actual results to differ materially from those in

forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward -looking

statements. When relying on forward -looking statements to make decisions, investors and others should carefully consider the

foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company

does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.