Bonanza Mining Corporation Announces Proposed Share Consolidation

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 Proposed Share Consolidation

November 7, 2025 – Vancouver, British Columbia: Bonanza Mining Corporation (“Bonanza” or the

“Company”) (TSX -V: BNZ) announces that its Board of Directors (the “Board”) has approved the

consolidation of its outstanding common shares on the basis of one (1) post -consolidated share for every

three (3) pre-consolidated shares (the “Consolidation”) . The effective date of the Consolidation will be

confirmed at a future time, following the Company’s receipt of acceptance from the TSX Venture Exchange

for the Consolidation. There will be no change of the Comp any’s name in connection with the

Consolidation.

The Board believes that it is in the best interests of the Company to provide the Board with flexibility to

elect to reduce the number of outstanding shares by way of the Consolidation. Some of the potential benefits

of the Consolidation would include:

• Increased Investor Interest. The current share structure of the Company may make it more difficult

for the Company to attract additional equity financing that may be required or desirable to maintain

the Company or to further develop its business. The Consolidation may have the effect of raising,

on a proportionate basis, the price of the Company’s shares, which could appeal to certain investors

that find shares valued above certain prices to be more attractive from an investment perspective.

• Reduced Volatility. The higher anticipated price of the post -consolidation shares may result in

less volatility as a result of small changes in the price of the Company’s shares. For example, a

nominal price movem ent would result in a less significant change (in percentage terms) in the

market capitalization of the Company.

The principle effects of the Consolidation would be that:

• the number of shares of the Company issued and outstanding would be reduced from 57,056,202

shares to approximately 19,018,734 shares; and

• the exercise or conversion price and/or the number of shares issuable under any of the Company’s

outstanding convertible securities, stock options and warrants would be proportionately adjusted

after giving effect to the Consolidation.

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]

-2-

or

Drew Burgess, CEO and Director

Tel: 403-383-8254

Email: [email protected]

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.