Karus Mining to Commence Trading ON the CSE
www.karusmining.ca
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NEWS RELEASE
July 21, 2026
KARUS MINING TO COMMENCE TRADING ON THE CSE
Vancouver, British Columbia – July 21, 2026 – Karus Mining Inc. (“Karus” or the “ Company”) is
pleased to announce that its common shares have been approved for listing on the Canadian
Securities Exchange (the “CSE”). The common shares are expected to commence trading on the CSE
under the ticker symbol KARU as of market open on July 22, 2026.
Karus Mining is a British Columbia -focused gold exploration company advancing a portfolio of
district-scale assets in two of the province's most prospective gold regions. The Company owns the
approximately 995 km² South Cariboo Gold District, home to the FG Gold and Gold Creek exploration
projects, as well as the high-grade Mineral Creek project on Vancouver Island.
“Listing on the CSE is a significant milestone for Karus, increasing our visibility and supporting our
next phase of growth as we commence our 2026 exploration program,” said Andrew Kaip, Interim
CEO. “With.two.district‗scale.gold.projects.in.British.Columbia? .a.strong.technical.foundation? .and.
multiple.opportunities.for.resource.growth.and.new.discoveries? .Karus.is.well.positioned.to.create.
long‗term.value¡.As.we.advance.exploration.across.our.portfolio? .we.believe.the.Company.offers.
investors.a.compelling.opportunity.to.participate.in.the.growth.of.an.emerging.gold.company.at.an.
attractive.stage.of.its.development.”
About Karus Mining
Karus Mining is a British Columbia -focused gold exploration company advancing a portfolio of
district-scale gold assets in two of the province's most prospective mineral belts. The Company ’s
strategy is to create long -term shareholder value through the systematic exploration, resource
growth and new gold discoveries.
Karus is the 100% owner of the approximately 995 km² South Cariboo Gold District, which includes
the FG Gold and Gold Creek projects. The underexplored district hosts multiple gold systems,
numerous high- priority exploration targets and extensive strike potential, providing significant
resource and discovery potential.
The Company also owns the high- grade Mineral Creek Gold Project, located approximately 12
kilometres southeast of Port Alberni on Vancouver Island. Mineral Creek hosts multiple high- grade
gold-bearing vein systems and represents an additional opportunity to unlock value within an
emerging gold-district.
With a strong technical team, substantial historical exploration investment across its projects, and
an active exploration strategy, Karus is well positioned to capitalize on the growing demand for high-
quality gold exploration opportunities. The Company offers investors exposure to multiple discovery
opportunities, district-scale land packages, and significant long-term growth potential in one of the
world's premier mining jurisdictions.
www.karusmining.ca
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NEWS RELEASE
ON BEHALF OF KARUS MINING INC.
Andrew Kaip
Interim Chief Executive Officer
For more information, please contact Karus Investor Relations:
Suite 1100 – 1111 Melville Street, Vancouver, BC V6E 3V6
Cautionary Statement on Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of
the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of
this news release. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect",
"plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology
are intended to identify forward-looking statements and information. Forward- looking information contained in this news
release includes but is not limited to information concerning the date the Company’s common shares are expected to
commence trading on the CSE.
Forward‗looking.information.is.based.on.the.opinions? .assumptions.and.estimates.of.management.considered.reasonable.
at.the.date.the.statements.are.made.and.is.inherently.subject.to.a.variety.of.risks.and.uncertainties.and.other.known.and.
unknown.factors.that.could.cause.actual.events.or.results.to.differ.materially.from.those.projected.in.the.forward‗looking.
information¡. These. factors. include. risks. relating. to. the. exploration. and. development. of. mineral. properties? .including. but. not.
limited.to.adverse.environmental.and.climatic.conditions? .unusual.and.unexpected.geologic.conditions.and.equipment.
failures·.health? .safety.and.environmental.risks.and.hazards.to.which.the.Company" s.operations.are.subject·.access.to.
financing·.increases.in.costs.of.labour.and.other.consumables·.availability.of.workforce.and.equipment·.risks.relating.to.
partial.ownerships.and― or.joint.ventures.at.the.Company" s.operations·.risks.relating.to.the.acquisition? .holding.and.renewal.
of.title.to.mineral. property.rights.and.permits·.changes.to.the.mining.legislative.and.regulatory.regimes·.limitations.on.
insurance. coverage·. risks. relating. to. illegal. and. artisanal. mining·. the. Company" s. compliance. with. anti‗corruption. laws·. cost.
overruns·.competition.in.the.precious.metals.mining.industry·.fluctuations.in.gold.price·.potential.legal.disputes·.potential.
labour.disputes·.r i sks.re l ate d .to .labour.and.employment.relations·.risks.related.to.third‗party.contractor.arrangements·.the.
impact.of.global.financial? .economic.and.political.conditions? .global.liquidity? .interest.rates? .inflation.and.other.factors.on.
the.Company" s.results.of.operations·.force.majeure.events·.possible.conflicts.of.interest.of.directors.and.officers.of.the.
Company·.the.reliability.of.the.Company" s.disclosure.and.internal.controls·.risks.in.connection.with.information.systems.
i n c l u d i n g .c y b e r .a t t a c k s · .a s .w e l l .a s .other.risk. factors.disclosed. in. the. Company" s. disclosure. filings. on. SEDAR>. at.
www¡sedarplus¡ca¡
Although.the.Company.has.attempted.to.identify.important.factors.that.could.cause.actual.actions? .events.or.results.to.
differ.materiall y.from .those.d escribed.in .forward‗looking.information? .there.may.be.other.factors.that.could.cause.actions? .
events. or. results. to. not. be. as. anticipated? . estimated. or. intended¡. There. can. be. no. assurance. that. forward‗looking.
information.will.prove.to.be.accurate? .as.actual.results.and.future.events.could.differ.materially.from.those.anticipated.in.
such. statements¡. The. Company. undertakes. no. obligation. to. update. forward‗looking. information. if. circumstances. or.
management" s.estimates? .assumptions.or.opinions.should.change? .except.as.required.by.applicable.law¡.The.reader.is.
cautioned.not.to.place.undue.reliance.on.forward‗looking.information¡.The.forward‗looking.information.contained.herein.is.
presented. for. the. purpose. of. assisting. investors. in. understanding. the. Company" s.p l a n s .a n d .o b j e c t i v e s .w i t h .r e s p e c t .t o .t i m i n g .
for.listing. on.the.CSE.and.exploration.plans.at.its.mineral.exploration.projects. and.may.not.be.appropriate.for. other.
purposes¡