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BNZ.V ·

Bonanza Mining Corporation Announces Private Placement

Financings

Bonanza Mining Corporation

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 PRIVATE PLACEMENT

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO

UNITED STATES NEWSWIRE SERVICES

January 6, 2026 – Vancouver, British Columbia : Bonanza Mining Corporation (“Bonanza” or the

“Company”) (TSX -V: BNZ) announces, further to its January 5, 2026 news release , a new private

placement (the “Offering”), to consist of the sale of up to 10,000,000 units a t a price of $0.03 per unit, to

raise gross proceeds of up to $300,000. Each unit will consist of one common share and one share purchase

warrant, with each warrant to entitle the holder to purchase one additional common share at a price of $0.05

for a period of two years from closing.

The Offering will be made available to certain subscribers pursuant to B.C. Instrument 45-536 – “Exemption

from Prospectus Requirement for Ce rtain Distributions Through an Investment Dealer ” and in similar

instruments in other jurisdictions in Canada (the “Investment Dealer Exemption”). In accordance with the

requirements of the Investment Dealer Exemption, Bonanza confirms that there is no ma terial fact or

material change about Bonanza that has not been generally disclosed.

The private placement will be non-brokered; however, the Company may pay finders’ fees in accordance

with the rules and policies of the TSX Venture Exchange (the “Exchange”). The private placement will be

subject to the completion of formal documentation and the receipt of all necessary regulatory approvals,

including Exchange acceptance.

Certain insiders of the Company may participate in the private placement, with full particulars of such

participation to be included in the news release announcing the closing of th e private placement. The

participation of insiders in the Offering would constitute a related party transaction, within the meaning of

Exchange Policy 5.9 and Multilateral Instrument 61 -101 – “Protection of Minority Security Holders in

Special Transactions” (“MI 61-101”). If applicable, the Company intends to rely on exemptions from the

formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a)

of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of insider participation

in the Offering would not exceed 25% of the Company’s market capitalization.

The Company also provides the following information in connection with the Offering:

(a) the proceeds from the unit private placement will be used for general working capital

purposes, including payments to certain non-arm’s length parties for prior (approximately

$150,000) and ongoing professional and general administrative services;

(b) there will be no payments to persons conducting Investor Relations Activities (as defined

in applicable Exchange policy); and

(c) all securities issued pursuant to the Offering will be subject to a four month and one day

hold period under applicable Canadian securities laws as well as to the “Exchange Hold

-2-

Period”, in addition to such other restrictions that may apply under applicable securities

laws of jurisdictions outside of Canada.

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]

The securities referred to in this news release have not been, nor will they be, registered under the United

States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to,

or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the

U.S. registration requirements. This news release does not constitute an offer for the sale of securities,

nor a solicitation for offers to buy any securities. Any public offering of securities in the United States

must be made by means of a prospectus containing detailed information about the company and

management, as well as financial statements

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.