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GGM.V ·

Granada Announces Service Agreements

Corporate Updates

2875 Ave Granada

Rouyn Noranda, Québec J9Y 1Y1

Tel : 819-797-4144

Fax: 819-792-2306

GRANADA ANNOUNCES SERVICE AGREEMENTS

January 23, 2026 - Granada Gold Mine Inc. (TSXV: GGM) (“Granada Gold” or the “Company”)

announces that it has engaged the services of Departures Capital Inc. (“Departures”), to provide

investor relations services to the Company. Departures is based out of Vancouver, BC.

The Company has entered into a Services Agreement (the “Agreement”) dated January 22, 2026,

whereby the services to be provided by Departures will include providing strategic, consulting,

investor relations communications, digital media production and other services as outlined in the

Agreement for a fee of $30,000 for a term of one year upon acceptance by the TSX Venture

Exchange. The Agreement may be renewed by the Company and Departures at the end of the initial

term.

Departures and the Company are not related parties and operate at arm’s length. Neither

Departures nor its principals have any interest in the Company’s securities, directly or indirectly, or

any right or intent to acquire such an interest.

The Company has also entered into a Services Agreement with 2686362 Ontario Corporation dba

CanaCom Group (“CanaCom”) to provide an awareness campaign to the Company. CanaCom is

based out of Oakville, Ontario.

The Company has entered into a Services Agreement with CanaCom dated January 20, 2026

whereby the Services to be provided to the Company will include the design, development and

execution of an awareness program that will help engage the online investor community into

understanding the Company’s investment opportunity for a fee of $95,000 + gst for a term of one

year upon acceptance by the TSX Venture Exchange.

theDeepDive.ca will publish a company profile in video format, highlighting the investment

opportunity, business model, history, management backgrounds, comparables, industry forecasts,

relevant risks and overall thesis to potential investors. This original video will educate the investor

community on the investment opportunity that the Company offers to potential investors. In

addition to the video, a written version of this profile will be published on theDeepDive.ca, and

hyperlinked within the main menu.

CanaCom, theDeepDive.ca and the Company are not related parties and operate at arm’s

length. Neither CanaCom, theDeepDive.ca nor its principals have any interest in the Company’s

securities, directly or indirectly, or any right or intent to acquire such an interest.

2

About Granada Gold Mine Inc.

Granada Gold Mine Inc. continues to develop and explore its 100% owned Granada Gold Property

near Rouyn-Noranda, Quebec, and is adjacent to the prolific Cadillac Break. The Company owns

14.73 square kilometers of land in a combination of mining leases and claims. The Company is

currently undergoing a large drill program with 18,000m out of 120,000m complete. The drills are

currently paused to provide the technical team with the necessary time to evaluate, assimilate

existing data and wait for improved market conditions.

The Granada Shear Zone and the South Shear Zone contain, based on historical detailed mapping as

well as from current and historical drilling, up to twenty-two mineralized structures trending east-

west over five and a half kilometers. Three of these structures were mined historically from four

shafts and three open pits. Historical underground grades were 8 to 10 grams per tonne gold from

two shafts down to 236 m and 498 m with open pit grades from 3.5 to 5 grams per tonne gold (43-

101 reference).

The property includes the former Granada Gold underground mine which produced more than

50,000 ounces of gold at 10 grams per tonne gold in the 1930’s from two shafts before a fire

destroyed the surface buildings. In the 1990s, Granada Resources extracted a bulk sample (Pit #1)

of 87,311 tonnes grading 5.17 g/t Au. They also extracted a bulk sample (Pit # 2) of 22,095 tonnes

grading 3.46 g/t Au. Details available in 43-101 report and on Company website:

https://granadagoldmine.com/.

For further information, Contact:

Frank J. Basa, P.Eng. member of Professional Engineers Ontario

Chief Executive Officer

P: 416-625-2342

Or:

Wayne Cheveldayoff,

Corporate Communications

P: 416-710-2410

E: [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 release.

This news release may contain forward-looking statements which include, but are not limited to, comments that

involve future events and conditions, which are subject to various risks and uncertainties. Except for statements

of historical facts, comments that address resource potential, upcoming work programs, geological

interpretations, receipt and security of mineral property titles, availability of funds, and others are forward -

looking. Forward-looking statements are not guarantees of future performance and actual results may vary

materially from those statements. General business conditions are factors that could cause actual results to vary

materially from forward-looking statements. Forward-looking statements in this news release may include

statements regarding acceptance of the Exchange of the Transaction and the of completion of the Transaction.

Although the Company believes the expectations reflected in the forward-looking statements are reasonable,

results may vary. The Company does not undertake to update any forward-looking information in this news

release or other communications unless required by law.