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LEXT.CN ·

Lexston trading on OTCQB

Listings & Exchange

929 Mainland Street

Vancouver, BC V6B 1S3

Phone

Email

Website

(604) 928-8913

[email protected]

www.lexston.ca

News Release

Lexston Mining Corporation announces upgrade to OTCQB market in the United States

Vancouver, British Columbia, May 21, 2024. Lexston Mining Corporation (the “Company” or “Lexston”)

(CSE: LEXT) (OTCQB: LEXTF) (Frankfurt: W5G) Lexston Life Sciences Corp. (CSE: LEXT) (OTCQB: LEXTF) (the

“Company” or “Lexston”) is pleased to announce that after successfully completing the application

process, the Company has received approval from OTC Markets Group Inc. for its common shares to begin

trading on the OTCQB Market (" OTCQB") on May 17, 2024 under the symbol "LEXTF". The Company's

common shares will remain listed on the CSE in Canada under the ticker symbol "LEXT".

OTC Markets Group Inc., located in New York, N.Y., operates the world's largest electronic inter -dealer

quotation system for broker dealers to trade over 1 2,000 securities. The OTCQB is a transparent trading

platform that offers a cost -effective method for United States investors to access Lexston’s securities.

Lexston’s quotation and trading on the OTCQB provides investors the opportunity to benefit from stream-

lined market standards which enhance the availability of information to the general public, enabling

greater transparency. North American and international investors can find Real -Time level 2 quotes (de-

nominated in US dollars) and market information fo r Lexston Mining Corporation common shares

at https://www.otcmarkets.com/stock/LEXTF/quote along with current company news.

“We are thrilled to welcome Lexston Mining Corpo ration to our OTCQB Market,” commented Chris King,

SVP Corporate Services at OTC Markets Group.

The Company would like to thank Nikolaos Galanopoulos of Galanopoulos & Company, the corporate se-

curities law firm that advised Lexston in relation to the OTCQB application process.

About Lexston Mining Corporation

The Company is a Canadian mineral exploration company, focused on the acquisition and development

of mineral projects, with the objective to enhance value to all its stakeholders. The Company has mineral

exploration projects in British Columbia and Nunavut, Canada.

The Company (OTCQB: LEXTF) trades on the OTCQB Venture Market for early stage and developing U.S.

and international companies. Companies are current in their reporting and undergo an annual verification

and management certification process. Investors can f ind Real-Time quotes and market information for

the company on www.otcmarkets.com

On Behalf of the Board of Directors

LEXSTON MINING CORPORATION

Jagdip Bal

Chief Executive Officer

Page | 2

Telephone: (604) 928-8913

Email: [email protected]

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy

or accuracy of the content of this news release.

Forward-looking statements

This news release contains "forward-looking information" under applicable Canadian securities legislation.

Such forward-looking information reflects management's current beliefs and are based on a number of

estimates and/or assumptions made by and informat ion currently available to the Company that, while

considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may

cause the actual results and future events to differ materially from those expressed or implied by s uch

forward-looking information. Readers are cautioned that such forward-looking information are neither

promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not

limited to, general business, economic, competi tive, political and social uncertainties, uncertain and

volatile equity and capital markets, lack of available capital, actual results of exploration activities,

environmental risks, future prices of base and other metals, operating risks, accidents, labour issues,

objections by aboriginal people, delays in obtaining governmental approvals and permits, obtaining

consents of aboriginal people and other risks in the mining industry.

These statements include but are not limited to obtaining financing, exploration permits, exploration of

properties for minerals , liquidity of the common shares of the Company and future financings of the

Company. These statements reflect management's current estimates, beliefs, intentions, and

expectations. They are not guarantees of future performance. The Company cautions that all forward-

looking statements are inherently uncertain and that actual performance may be affected by many

material factors, many of which are beyond the Company’s control. Such factors include, among other

things: risks and uncertainties relating to the acquisition of new properties, liquidity of the common shares

of the Company, financings, the market valuing the Company in a manner not anticipated by management

of the Company. Accordingly, actual and future events, conditions and results may differ materially from

the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking

information. Except as required under applicable securities legislation, the Company does not undertake

to publicly update or revise forward-looking information.

The Company is presently an exploration stage company. Exploration is highly speculative in nature,

involves many risks, requires substantial expenditures, and may not result in the discovery of mineral

deposits that can be mined profitably. Furthermore, t he Company currently has no reserves on its

properties. As a result, there can be no assurance that such forward-looking statements will prove to be

accurate, and actual results and future events could differ materially from those anticipated in such

statements.