BNZ.V · 2026-03-30 12:00:00

Bonanza Mining Corporation Announces the Closing of TWO Mineral Property Purchase and Sale Agreements

Mergers & Acquisitions

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 THE CLOSING OF TWO MINERAL PROPERTY

PURCHASE AND SALE AGREEMENTS

March 30, 2026 – Vancouver, British Columbia: Bonanza Mining Corporation (“Bonanza” or the “ Company”)

(TSX-V: BNZ) announces that it has closed the two Mineral Property Purchase and Sale Agreements as originally

announced on January 5, 2026. These Agreements replace two Option Agreements originally negotiated in 2018, each

as subsequently amended.

The first such Agreement is with Christopher Graf, a director of the Company, and is in respect of 5 zinc-lead-silver

mineral claims known as the Shag property located in the Golden Mining District of British Columbia in the southern

Rockies approximately 24 km northeast of the town of Canal Flats and 35 km east of Radium Hot Springs. Pursuant to

this Agreement, the Company issued 666,667 post-consolidated common shares to Mr. Graf, who has also had reserved

in his favour a 3% net smelter return royalty on minerals produced from the property.

The second such Agreement is with Christopher Graf and with Theodore Muraro, an individual who deals with the

Company on a n arm’s-length basis, and is in respect of 8 zinc-lead-silver-copper mineral claims known as the Frog

property located in the Liard Mining District of British Columbia approximately 170 km east of Imperial Metal s –

Newmont’s Red Chris mine near Dease Lake, British Columbia and about 70 km east of the major Kutcho Creek copper-

zinc massive sulphide project that is being developed by Capstone Mining Corp.’s subsidiary Kutcho Copper Corp .

Pursuant to this Agreement, the Company issued a total of 733,33 4 post-consolidated common shares to Mr. Graf and

Mr. Muraro, each as to 50%; they also have had reserved in their favour a 3% net smelter return royalty on minerals

produced from the property.

As Christopher Graf is a non -arm’s length party to Bonanza, Bonanza is relying on the exemption from the formal

valuation requirement contained in section 5.5 of Multilateral Instrument 61 -101 “Protection of Minority Security

Holders in Special Transactions”, and on the exemption from the minority shareholder approval requirement contained

in section 5.7 of said Multilateral Instrument 61-101.

All shares issued pursuant to these Agreements are subject to a hold period until July 31, 2026. There were no finders’

fees paid in respect of either of these Agreements.

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

Drew Burgess, CEO and Director

Tel: 403-383-8254

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.