Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

KORE.V ·

KORE Provides a Corporate Update

Corporate Updates

1

TSXV - KORE

KORE PROVIDES A CORPORATE UPDATE

Vancouver, BC – September 16, 2025 – KORE Mining Ltd. (TSXV: KORE) (“ KORE” or the “ Company”) is

pleased to provide shareholders with a corporate update.

The Company has received approval from the BC Registry to extend the deadline for its 2025 annual general

meeting (the “AGM”) by six months, from October 5, 2025 to April 5, 2026 for providing additional time to

prepare for the AGM . The date and timeline of the Meeting will be announced to shareholders in due

course.

The Company is actively working with the TSX Venture Exchange (the “ Exchange”) on its reinstatement

application. Management and the Board are committed to completing all necessary steps to ensure the

Company’s reinstatement for trading on the Exchange as soon as practicable. The Company believes that

reinstatement of trading will provide greater visibility, improved liquidity for shareholders, and position the

Company for renewed growth opportunities.

As part of its review of corporate initiatives, in addition to the cancellation announced on August 19, 2025

of the shares for debt transaction previously announced on March 29, 2024, the Company has also elected

not to proceed with and has cancelled the shares for debt transaction previously announced on July 21,

2023 and approved at the Company’s annual general meeting held on July 5, 2024 . No securities were

issued or will be issued in connection with such transaction . The Company’s decision to cancel the

transaction reflects its commitment to maintaining a strong capital structure and to pursuing financing and

growth initiatives that are aligned with the long-term interests of shareholders.

The Company thanks its shareholders for their continued support and patience as it works diligently with

the Exchange toward reinstatement. Further updates will be provided as material developments occur.

About KORE Mining

KORE Mining is focused on responsibly creating value from its portfolio of gold assets in California, USA.

The Company is advancing the Imperial project towards development while continuing to explore across

both district-scale gold assets.

Further information on Imperial and KORE can be found on the Company’s website at

www.koremining.com or by contacting us as [email protected] or by telephone at (888) 407-5450.

On behalf of KORE Mining Ltd.

“James Hynes”

Executive Chairman and CEO

(888) 407-5450

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.

2

TSXV - KORE

Cautionary Statement Regarding Forward-Looking Information

This news release contains forward- looking statements relating to the future operations of the Company

and other statements that are not historical facts. Forward-looking statements are often identified by terms

such as "will", "may", "should", "anticipate", "expects", “intends”, “indicates” and similar expressions . All

statements other than statements of historical fact, included in this release, including, without limitation,

statements regarding the future plans and objectives of the Company are forward-looking statements.

Forward-looking statements in this news release include, but are not limited to, statements with respect to,

among others: the timing regarding the resumption of trading of the Company’s common shares on the

Exchange after the reinstatement thereof, and the evaluation of strategic opportunities to strengthen the

balance sheet . Such forward-looking statements, and any assumptions upon which they are based, are

made in good faith and reflect our current judgment regarding the direction of our business. In connection

with the forward- looking information contained in this presentation, the Company has made numerous

assumptions, including, among others: that the Company will receive all required approvals, including the

approval of the Exchange for the reinstatement ; that the Company will r eturn to trade w ithin the timing

provided for under Exchange polices; and other planning assumptions. While the Company considers these

assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and

contingencies.

Forward looking information involves known and unknown risks, uncertainties and other factors which may

cause the actual results, performance or achievements of the Company to be materially different from any

future results, performance or achievements exp ressed or implied by the forward- looking information .

Known risk factors include, among others: the Company’s common shares may not resume trading on the

Exchange; investor demand may weaken; the need to obtain additional financing; and uncertainty as to the

availability and terms of future financing.

Forward-looking statements contained herein are made as of the date of this news release and the Company

disclaims any obligation to update any forward-looking statements, whether as a result of new information,

future events or results, except as may be required by applicable securities laws. 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. Accordingly, readers should not place undue reliance

on forward-looking information.