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NovaRed Mining Appoints Dr. Olamide Oladeji as Strategic Advisor

Corporate Updates

NovaRed Mining Inc. Appoints Dr. Olamide Oladeji

as Strategic Advisor for Robotics and AI

Vancouver, British Columbia – June 30, 2026 – NovaRed Mining Inc. (CSE: NRED) (OTCQB:

NREDF) (“NovaRed” or the “ Company”) is pleased to announce the appointment of Dr.

Olamide Oladeji as a strategic advisor to the Company with respect to the fields of artificial

intelligence and robotics relating to NovaRed’s mineral property exploration and its

development of MetalCore and other technologies.

Dr. Oladeji is a computational decision scientist, researcher, engineer, and technology

entrepreneur whose work focuses on artificial intelligence, robotics, and computational

decision-making. He brings a combination of academic achievement and commercial

innovation that a ligns with NovaRed's vision of employing technology in the mineral

exploration sector.

Dr. Oladeji earned his Ph.D. in Applied Artificial Intelligence from Stanford University as a

Knight-Hennessy Scholar, where his research focused on advanced information extraction

across computer vision and natural language processing to support intellige nt decision -

making under uncertainty. He also holds dual Master degrees from the Massachusetts

Institute of Technology in Electrical Engineering and Computer Science (Artificial

Intelligence) and Technology Policy, which followed a n undergraduate foundation in

Electrical Engineering with a specialization in computational modeling and robotics.

Over the past decade, Dr. Oladeji has specialized in the development and application of

advanced algorithms for computer vision, natural language processing, geospatial

analytics, autonomous systems, and machine learning. His research has resulted in

numerous peer-reviewed publications, including multiple first -author papers presented at

Institute of Electrical and Electronics Engineers and Association for the Advancement of

Artificial Intelligence conferences, and has been successfully commercialized through

several venture-backed technology companies.

As an entrepreneur and technology executive, Dr. Oladeji has founded and led AI companies

whose technologies have informed decision -making for governments, major financial

institutions, infrastructure operators, and corporations. His current work focuses on

developing intelligent systems that support mission-critical commercial decision-making in

complex, high-stakes environments.

Dr. Oladeji has received numerous awards and appointments, including being named to the

Forbes 30 Under 30 list, receiving the MIT Clean Energy Prize, and serving on the Nigerian

Government's expert committee responsible for drafting the country's National Artificial

Intelligence Policy. He has also advised numerous leading technology companies while

mentoring emerging entrepreneurs and researchers worldwide.

As a strategic ad visor to NovaRed , Dr. Oladeji will advise the Company regarding the

integration of artificial intelligence and robotics into its mineral property exploration. His

mandate will include supporting the development of technologies supporting mineral

exploration, predictive geological modeling, autonomous operational systems, resource

optimization, environmental intelligence, and enterprise -wide decision support. The

Company also intends to leverage Dr. Oladeji's knowledge to advance proprietary AI

initiatives, including MetalCore.

"We are delighted to welcome Dr. Oladeji to NovaRed," said Brian Gross, President. "His AI

research accomplishments, entrepreneurial success, and experience with the practical

implementation of intelligent systems makes him uniquely qualified to help build the next

generation of AI -powered mining technologies. Artificial intelligence will fundamentally

reshape the mining industry over the coming decade, and Dr. Oladeji 's experience will aid

NovaRed in pursuing its technological endeavors."

Commenting on his appointment, Dr. Oladeji stated, “I am excited to join NovaRed at a time

when artificial intelligence and robotics are creating unprecedented opportunities across

the natural resources sector. The convergence of frontier AI, autonomous systems,

geospatial intelligence, and advanced analytics has the potential to transform how mineral

resources are discovered, evaluated, and developed. I look forward to working with the

NovaRed team to build innovative technologies that create long-term value while advancing

responsible and intelligent resource development."

About NovaRed Mining Inc.

NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) is a mineral exploration company

focused on the identification, acquisition, exploration and development of copper -gold

porphyry projects in British Columbia, leveraging an artificial intelligence -enhanced

geospatial technology platform that it developed to identify and evaluate prospective

mineral properties. The Company’s optioned Wilmac copper-gold project comprises 16,078

hectares located within the Quesnel porphyry belt in the Similkameen Mining Division,

southwest of Princeton and approximately 10 kilometres west of Hudbay Minerals Inc.’s

producing Copper Mountain Mine. For more information, visit novaredmining.com.

Disclaimers

Readers are cautioned that the discussion of mineralization on adjacent or similar

properties, including the Copper Mountain Mine, is not necessarily indicative of the

mineralization or potential of the Wilmac copper-gold project. The Company has no interest

in, or right to acquire any interest in, any such adjacent properties.

References to Stanford University and MIT are provided solely for biographical purposes.

Stanford University and MIT are not affiliated with the Company and do not endorse the

Company, its activities, or the MetalCore platform.

ON BEHALF OF NOVARED MINING INC.

Brian Goss

Chief Executive Officer

E: [email protected]

FORWARD-LOOKING INFORMATION

This news release contains “forward -looking information” within the meaning of applicable Canadian securities legislation,

including statements regarding the role that the advisor will play, the anticipated benefits of his retention, the Company’s ability

to develop the MetalCore platform into a commercially viable platform that improves the mineral property identification and

development process, the Company’s ability to implement a successfu l long-term growth strategy involving the acquisition and

development of mineral properties, the Company’s ability to identify and acquire prospective mineral properties through the u se

of its artificial-intelligence platform, the Company’s ability to develop AI and robotics-related technologies that positively impact

mineral property exploration and development; and the advancement of the Company’s British Columbia copper-gold exploration

portfolio. Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company

at the date of this news release, are inherently subject t o significant business, economic and competitive uncertainties and

contingencies. Such assumptions include, without limitation, the availability of adequate funding to execute the Company’s stated

strategy, the continued advancement of the Company’s minera l exploration and artificial intelligence initiatives, and

management’s ability to attract and maintain strategic advisory relationships.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results,

performance or achievements to differ materially from those expressed or implied by such forward-looking information. Important

risk factors include, but are not limited to: the Company’s ability to retain key advisory personnel; the continued availabil ity of

capital and financing to execute the Company’s strategy; changes in applicable laws and regulations; general economic, mar ket

or business conditions; the Company’s ability to execute its mineral exploration and artificial intelligence strategies; and

competition for qualified strategic advisors. Readers are cautioned not to place undue reliance on forward -looking information.

The Company undertakes no obligation to update or revise any forward -looking information, except as required by applicable

securities laws.

Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or

accuracy of this news release.