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Nuvau Strengthens Leadership with the Appointment of Christina McCarthy as CEO Peter van Alphen to assume President and COO roles and Steve Filipovic to continue as CFO

Management Changes

Nuvau Strengthens Leadership with the

Appointment of Christina McCarthy as CEO

Peter van Alphen to assume President and COO roles and

Steve Filipovic to continue as CFO

Toronto, Ontario--(Newsfile Corp. - April 20, 2026) - Nuvau Minerals Inc. (TSXV: NMC) announces a

strategic evolution of its senior team. Designed to accelerate the Company's next phase of growth, these

executives will lead Nuvau through a planned restart of mining operations and expansion of copper and

gold resources at the large-scale Matagami Project, while also enhancing shareholder engagement and

marketing activities.

Effective immediately, Christina McCarthy, who has served on

the Board since Nuvau went public, has

been appointed Chief Executive Officer. Peter van Alphen, after leading the Company through its IPO, a

recent $21 million financing, and the outright acquisition of its flagship property, will remain focused on

asset advancement and development, assuming the roles of President and Chief Operating Officer.

Steve Filipovic will continue as Chief Financial Officer.

"As we plan to accelerate activities, we recognize the need to enhance our management team to expand

corporate growth and financing opportunities - and as such, we are extremely fortunate to have Christina

assume the role of Chief Executive Officer," said Steven Bowles, Nuvau's Chairman. "Christina brings a

rare combination of geological training, proven executive leadership, and sophisticated capital markets

expertise. Her track record includes founding and leading Paycore Minerals through its successful sale

to i-80 Gold, as well as helping drive strategic value realization transactions elsewhere in the sector."

Bowles added, "she understands how to identify opportunity, communicate value credibly to the market,

source capital responsibly and execute transactions that create shareholder returns. Just as importantly,

she brings discipline, judgment and a results-oriented approach that aligns perfectly with Nuvau's

strategy. Together with Peter's proven operating strength and Steve's financial leadership, we believe

this team positions Nuvau exceptionally well for the future."

"Identifying the right people with the right skills for the right roles is how great companies are built," said

Peter van Alphen. "Christina's experience across M&A, corporate development, financing, and public

company leadership complements our operational focus and strengthens our ability to execute. Adding

her skill set to the team will allow me to concentrate fully on creating shareholder value bysuccessfully

bringing Matagami back into production."

"I am excited by the opportunity to resume operating ctivities at one of Canada's most prolific mining

camps for the benefit of Nuvau's shareholders, local communities, and the Province of Quebec," said

Christina McCarthy. "Nuvau is a unique opportunity given that the Bracemac-McLeod Mine is permitted

for operations and there are multiple existing deposits, The existing milling complex at Matagami

provides the near-term, low capex, opportunity to build a successful mining company in one of the world's

premier mining districts."

Steve Filipovic, who has served as Nuvau's CFO since the Company was founded

and through its

December 2024 IPO, remains in the role and will continues to bring extensive experience in finance,

governance, capital markets, and corporate transactions.

ABOUT NUVAU'S SENIOR LEADERSHIP TEAM

Christina McCarthy, Chief Executive Officer

Christina McCarthy is a geologist and mining capital markets executive with more than 18 years of

experience spanning executive leadership, mergers and acquisitions, corporate development and equity

markets. She is recognized for combining technical expertise with a strong track record of creating

shareholder value through strategic growth initiatives and successful transactions. Ms. McCarthy is the

founder and former President and Chief Executive Officer of Paycore Minerals Inc., which was acquired

by i-80 Gold Corp. in a transaction valued at approximately US$90 million. She also joined New Oroperu

Resources with a mandate focused on strategic alternatives, leading to its sale approximately 13 months

later in a transaction valued at approximately CAD$76 million. Previously, she served as Director of

Corporate Development at McEwen Mining, working alongside Rob McEwen. Her background also

includes institutional sales, equity research and resource-focused capital markets advisory. Ms.

McCarthy holds a B.Sc. in Earth Sciences (Geology) from Brock University.

Peter van Alphen, President and Chief Operating Officer

Peter van Alphen has over 25 years of mining leadership experience spanning construction, operations

and production. He has held senior roles with Premier Gold Mines, Pan American Silver, Tahoe

Resources, Lake Shore Gold and FNX Mining.

Mr. van Alphen has a substantial record of successful

mine development and operations and will work closely with Ms. McCarthy in implementing the

Company's strategy and vision to transition from explorer to developer and producer.

Steve Filipovic, Chief Financial Officer

Steve Filipovic is a Chartered Professional Accountant with more than 25 years of senior financial

management experience, including leadership roles with Premier Gold Mines, Zinifex Canada and other

public issuers.

About Nuvau

Nuvau Minerals (TSXV: NMC) is a Canadian mining and exploration company advancing a historic

mining camp toward a production restart while generating new critical metal and gold discoveries. Its

flagship asset is the past-producing Matagami mining district in the Abitibi region of Québec. Nuvau

controls a 1,380 square kilometre land package and benefits from access to permitted mining

infrastructure, including an option on a 3,000 tpd concentrator.

The Company's strategy

is to combine

district-scale exploration targeting zinc-copper VMS deposits and newly recognized gold potential with

resource growth and project development.

Further Information

Peter van Alphen

President and CEO, Nuvau Minerals Inc.

[email protected]

416-525-6063

Cautionary Statements

This news release contains forward-looking statements and forward-looking information (collectively,

"

forward-looking statements

") within the meaning of applicable securities laws. Any statements that

are contained in this news release that are not statements of historical fact may be deemed to be

forward-looking statements. Forward-looking statements are often identified by terms such as "may",

"should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions

which are intended to identify forward-looking statements. More particularly and without limitation, this

news release contains forward-looking statements concerning: the completion and timing of any

remaining post-closing filings and registrations with governmental authorities; the timing and form of

payments contemplated by the Earn-In Agreement (including any election to satisfy a portion of such

payments in Common Shares), and if applicable, the receipt of any required stock exchange and

other regulatory approvals; the potential future acquisition of the excluded property and satisfaction of

applicable conditions related thereto; and the timing and ability of the Company to advance the

Property to production decision. Forward-looking statements are not a guarantee of future

performance and are based upon a number of estimates and assumptions of management, in light of

management's experience and perception of trends, current conditions and expected developments,

as well as other factors that management believes to be relevant and reasonable in the

circumstances. Readers are cautioned that assumptions used in the preparation of any forward-

looking statements may prove to be incorrect. Events or circumstances may cause actual results to

differ materially from those predicted as a result of numerous known and unknown risks, uncertainties

and other factors, many of which are beyond the control of the Company. Factors that could cause

actual results to differ materially from such forward-looking statements are set out in the Company's

public disclosure record available on SEDAR+ (

www.sedarplus.ca

) under the Company's issuer

profile. Readers are further cautioned not to place undue reliance on any forward-looking statements,

as such information, although considered reasonable by the management of the Company at the time

of preparation, may prove to be incorrect and actual results may differ materially from those

anticipated.

The forward-looking statements contained in this news release are made as of the date of this news

release, and are expressly qualified by the foregoing cautionary statement. Except as expressly

required by securities law, the Company does not undertake any obligation to update publicly or to

revise any of the included forward-looking statements, whether as a result of new information, future

events or otherwise.

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 news release. No stock exchange, securities commission or other

regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/293346