Bonanza Mining Corporation Closes Debt Settlements

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 Closes Debt Settlements

August 13, 2026 – Vancouver, British Columbia: Bonanza Mining Corporation (“Bonanza”) (TSX-V:

BNZ) announces, further to its April 10, 2026 news release announcing proposed debt settlements, that it

has received TSX Venture Exchange acceptance for the settlement of $121,952.94 of indebtedness with

certain insiders and arm’s-length creditors for the issuance of 1,219,529 common shares at a deemed price

of $0.10 per share, of which 1,180,463 shares were issued to related parties and/or insiders . These shares

are subject to a hold period which will expire on December 14, 2026.

Bonanza relied on the “securities for debt” exemption appearing in section 2.14 of National Instrument 45-

106, which provides that the prospectus requirement does not apply to a distribution by a reporting issuer

of a security of its own issue to a creditor to settle a bona fide debt of that reporting issuer.

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]

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.