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KNT.TO ·

K92 Mining Appoints Cyndi Laval to Board of Directors

Management Changes

Suite 488 – 1090 West Georgia Street

Vancouver, British Columbia

Canada V6E 3V7

Telephone: +1 (604) 687-7130

Facsimile: +1 (604) 608-9110

NEWS RELEASE

K92 MINING APPOINTS CYNDI LAVAL TO BOARD OF DIRECTORS

Vancouver, B ritish Columbia, November 26, 2019 - K92 Mining Inc . (“K92” or the

“Company”) (TSX-V: KNT ; OTCQX: KNTNF) is pleased to announce the appointment of

Cyndi Laval to its Board of Directors.

Ms. Laval is a partner in Gowling WLG's Vancouver office. She is a past leader of the firm's

national Corporate Finance, M&A and Private Equity Group, as well as a former co-leader and

current member of its Mining Group. She has over 25 years of experience specializing in the areas

of mining law, corporate finance, mergers and acquisitions, and securities.

Cyndi was named one of Vancouver's 30 leading lawyers by the National Post and is recognized

as a leading lawyer in the following publications: Legal 500 Canada 2019 ; The Best Lawyers in

Canada 2019; Canadian Legal Lexpert Directory 2018; and Lexpert's Leading Canadian Lawyers

in Global Mining Guide 2018/2019.

Prior to joining private law practice, Ms. Laval worked in the policy department of the TSX

Venture Exchange, where she was a member of the Exchange's Local Advisory Committee from

2006 to 2013 and an instructor of the TSX Venture Exchange Rules and Tools Corporate

Governance Workshop from 2004 to 2010. She has also given lectures at several other conferences

and seminars.

“We are delighted to welcome Cyndi Laval to our Board,” said Tookie Angus, K92’s Chairman.

“The addition of Cyndi will complement the talent, strength and diversity of our Board. We look

forward to the contributions that her strong capital markets, securities and min ing industry

experience will bring to meeting the Company’s strategic objectives."

Concurrent with the appointment of Ms. Laval, the Company has granted to her 225,000 incentive

stock options (the “Stock Options”) under its incentive stock option plan (the “Plan”). The Stock

Options have an exercise price of $2.17 per share, expire five years from the date of grant, and will

vest periodically over the next 12 months in accordance with the Plan.

About K92

K92 Mining Inc. is engaged in the production of gold, copper and silver from the Kora and Kora

North deposits of the Kainantu Gold Mine in the Eastern Highlands province of Papua New

2

Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of

the mine. The Company declared commercial production from Kainantu in February 2018 and

has commenced an expansion of the mine. An updated Preliminary Economic Assessment on the

property was published in January 2019. K92 is operat ed by a team of mining company

professionals with extensive international mine-building and operational experience.

ON BEHALF OF THE COMPANY,

John Lewins, Chief Executive Officer and Director

www.k92mining.com

For further information, please contact David Medilek at +1-604-687-7130.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS

THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE E XCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release includes certain “forward -looking statements” under applicable Canadian

securities legislation. Forward -looking statements are necessarily based upon a number of

estimates and assumptions that, while considered reasonable, are subject to known and unknown

risks, uncertainties, and other factors which may cause the actual results and future events to differ

materially from those expressed or implied by such forward -looking statements. All statements

that address future plans, activities, ev ents, or developments that the Company believes, expects

or anticipates will or may occur are forward-looking information, including statements regarding

the realization of the preliminary economic analysis for the Kainantu Gold Mine, expectations of

future cash flows, the ongoing plant expansion, potential expansion of resources and the

generation of further drilling results which may or may not occur. Forward -looking statements

and information contained herein are based on certain factors and assumptions regarding, among

other things, the market price of the Company’s securities, metal prices, exchange rates, taxation,

the estimation, timing and amount of future exploration and development, capital and operating

costs, the availability of financing, the re ceipt of regulatory approvals, environmental risks, title

disputes, failure of plant, equipment or processes to operate as anticipated, accidents, labour

disputes, claims and limitations on insurance coverage , changes in government regulations and

other risks of the mining industry, changes in national and local government regulation of mining

operations, and regulations and other matters.. There can be no assurance that such statements

will prove to be accurate, as actual results and future events could di ffer materially from those

anticipated in such statements. Accordingly, readers should not place undue reliance on forward-

looking statements. The Company disclaims any intention or obligation to update or revise any

forward-looking statements, whether as a result of new information, future events or otherwise,

except as required by law.