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CONE.V ·

Canada One Announces Management Change

Management Changes

#250 – 750 West Pender St. Vancouver, British Columbia, V6C 2T7

CANADA ONE ANNOUNCES MANAGEMENT CHANGE

Vancouver, B.C., October 16, 2024 - Canada One Mining Corp. (“Canada One” or the

“Company”) (TSXV: CONE) (OTC: COMCF) (FSE: AU31) announces the interim

appointment of Mr. Peter Berdusco as Chief Financial Officer (" CFO") of the Company,

effective immediately.

The Company would like to thank Mr. Michael Kinley for his years of service as CFO. Mr.

Kinley will remain a director of the Company.

About Canada One

Canda One is a premier resource exploration company operating in Canada. From

exploration to discovery to resource development, the Company is focused on creating

growth and generating value for its investors and communities as it meets the growing

global demand for critical metals. Copper Dome is the Company’s flagship project with its

northern border situated 1.5kms from Hudbay Mineral’s Copper Mountain Mine deposits.

For further information, interested parties are encouraged to visit the Company’s website

at www.canadaonemining.com, or contact the Company by email at [email protected],

or by phone at 1.877.844.4661.

On behalf of the Board of Directors of

CANADA ONE MINING CORP.

Peter Berdusco

President and Chief Executive Officer

Forward-Looking Statements

This press release includes certain "forward -looking information" and "forward -looking statements" (collectively "forward -looking

statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact,

included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward

looking statements. Forward-looking statements are frequently, but not always, identified by words such as "exp ects", "anticipates",

"believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results

"will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this press release relate to, among other things:

statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ mate rially.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially

from those anticipated in such statements. Forward looking statements reflect the beliefs, opinions and projections on the da te the

statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective

parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies . Many

factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results,

performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made

assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion

and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements

and information contained in this news release c oncerning these times. Except as required by law, the Company does not assume

any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except

as required by law.

TSX Venture Exchange Disclaimer

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 release.