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CASA.V ·

Gold, and Copper Investment Opportunities Casa Minerals Inc

Corporate Updates

Gold, and Copper Investment Opportunities

Casa Minerals Inc

814-470 Granville St. Vancouver, BC, V6C 1V5

P: 604-689-9523 / F: 778-379-3899

E: [email protected]

https://www.casaminerals.com

Casa Minerals Inc. Provides Bi-Weekly MCTO Status Update

Vancouver, British Columbia – June 1, 2026 – Casa Minerals Inc. (TSXV: CASA) (OTCQB: CASXF) (FSE: 0CM)

(the “Company” or “Casa”) is providing it s management cease trade order (“ MCTO”) bi-weekly default status

report in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults (“NP 12-

203”).

As previously announced in the Company’s news release dated May 1, 2026 (the “ MCTO News Release ”), the

Company applied for and obtained a MCTO in respect of its audited financial statements for the year ended

December 31, 2025, together with management’s discussion and analysis and the related Chief Executive Officer

and Chief Financial Officer certificates (the “Annual Filings”).

Although the Company originally expected to complete its Annual Filings by May 31, 2026, the process has taken

longer than anticipated. The Company is, however, working diligently with its auditor to finalize the Annual Filings

and expects to submit them within the next week.

The Company confirms that as of the date herein, (a) there has been no material change to the information set out

in the MCTO News Release that has not been generally disclosed; (b) there has been no failure by the Company

in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set

out in NP 12-203; (c) there has not been, nor is there anticipated to be, any other specified default by the Company

under NP 12-203; and (d) there is no other material information concerning the affairs of the Company that has not

been generally disclosed.

The Company will continue to comply with the provisions of the alternative information guidelines under NP 12-203

by issuing bi-weekly default status reports in the form of news releases for so long as it remains in default of the

filing requirements.

Contact Information

Farshad Shirvani

Chief Executive Officer

Phone: (604) 678-9587

Email: [email protected]

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this release constitute forward -looking statements or information under Canadian

securities legislation. Generally, forward -looking statements can be identified by the use of forward -looking

terminology such as “will”, “expects”, “anticipates” or variations of such words and phrases or statements that certain

actions, events or results “will” occur. In particular, forward-looking statements in this release include statements

regarding: the anticipated timing for the filing of the Annual Filings; and the ability of the Company to comply with

the requirements of NP12 -203. Forward -looking statements are based on the opinions and estimates of

management as of the date such statements are made and are subject to known and unknow n risks, uncertainties

and other factors that may cause actual results to be materially different from those expressed or implied by such

forward-looking statements, including that the Annual Filings may not be completed in the time anticipated or

allowed for by the MCTO, in which case a general cease trade order may be issued with respect to the Company’s

securities. Although management of the Company has attempted to identify important factors that could cause

actual results to differ materially from those contained in the forward-looking statements, there may be other factors

that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements

will prove to be accurate, as actual results and future events coul d differ materially from those anticipated in such

Gold, and Copper Investment Opportunities

Casa Minerals Inc

814-470 Granville St. Vancouver, BC, V6C 1V5

P: 604-689-9523 / F: 778-379-3899

E: [email protected]

https://www.casaminerals.com

statements. The Company cautions readers of this news release not to place undue reliance on the forward-looking

statements contained in this release as many factors could cause actual results or conditions to differ materially

from current expectations. A dditional information on these and other risk factors that could affect the Company’s

operations are outlined in the Company’s continuous disclosure documents that can be found on SEDAR+

(www.sedarplus.ca) under the Company’s issuer profile. The Company do es not intend and disclaims any

obligation, except as required by law, to update or revise any forward-looking statements, whether because of new

information, future events, or otherwise.