Muzhu Mining Announces Non-Brokered Private Placement

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THE UNITED STATES

MUZHU MINING ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Vancouver, BC – November 18, 2024 – Muzhu Mining Ltd. (CSE:MUZU) (“Muzhu” or the

“Company”) is pleased to announce that the Company has arranged a non -brokered private

placement of up to 3,750,000 units for $0.08 per unit, with each unit consisting of one common share

one common share purchase warrant entitling its holder to purchase one common s hare at $0.12

for a period of one year after issuance. The proceeds of up $300,000 from the financing will be used

for working capital.

Fees payable in cash, warrants or a combination thereof may be payable to eligible individuals.

ON BEHALF OF THE BOARD OF DIRECTORS

Dwayne Yaretz,

CEO

Muzhu Mining Ltd. Phone: 778-709-3398

Email: [email protected]

Website: muzhumining.ca

Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of highly

prospective projects at various stages of development. Muzhu currently holds 100% interest in the

Sleeping Giant South Project, located in the Abitibi Greenstone Belt, approximately 75km South of

Matagami, Quebec. As well, Muzhu has executed two option agreements to acquire up to 80% of the

Silver, Zinc, Lead XWG and LMM Properties in the Henan Province located in China.

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that

term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this

release.