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NovaRed Mining Appoints Jacob Amsterdam to Advisory Board

Corporate Updates

NOVARED MINING INC. APPOINTS

JACOB AMSTERDAM TO ADVISORY BOARD

Vancouver, British Columbia – May 1 9, 2026 – NovaRed Mining Inc. (CSE: NRED; OTCQB: NREDF)

(“NovaRed” or the “ Company”) is pleased to announce that it has appointed Jacob Amsterdam to its

Advisory Board where he will act as a s trategic advisor for NovaRed’s ESG and r esponsible critical

minerals strategy.

Mr. Amsterdam is an Associate at Amsterdam & Partners LLP, an international law, advocacy, and

geopolitics firm with offices in Washington, DC and London. His work focuses on U.S. public -policy

disputes, international human -rights issues, anti -corruption matters, complex investigations, political

advocacy, and public-relations strategy.

Mr. Amsterdam brings a publicly documented track record of more than eight years in international

public-policy, investigations, anti -corruption, human -rights, advocacy, reputation, and report -driven

advisory work. Prior to advising NovaRed, his work with Amsterdam & Partners included complex

international matters involving investigations, discovery, data collection, strategic communications,

and the preparation of comprehensive investigative reports.

His representative client work includes co -authoring “Empire of Deceit ,” a study concerning alleged

corruption in the U.S. charter education sector, prepared as part of Amsterdam & Partners’ work for

the Republic of Turkey on an international fraud investigation. Mr. Amsterdam has also contributed to

Amsterdam & Partners’ pro bono initiatives involving freedom -of-speech advocacy and matters

concerning victims of political persecution abroad.

In his advisory role, Mr. Amsterdam is expected to support NovaRed’s ESG positioning, responsible

critical-minerals strategy, governance narrative, stakeholder engagement, human rights

considerations, anti-corruption risk management, and reputation strategy. His cross-border perspective

across Canada, the United States , and England is expected to provide valuable insight as NovaRed

advances its British Columbia copper -gold exploration portfolio and continues developing its

technology-driven mineral exploration strategy.

Jake Amsterdam holds a Bachelor of Arts from Wilfrid Laurier University, a law degree from Bond

University, and is a Cornell University-certified mediator.

In connection with the appointment, Brian Goss, Chief Executive Officer of NovaRed Mining Inc., stated,

“We are very pleased to welcome Jake Amsterdam to NovaRed’s Advisory Board . Jake brings a

sophisticated international perspective shaped by his work in ESG, human rights, governance,

investigations, and public -policy strategy. As NovaRed continues to evolve as a modern exploration

company, his insight will be valuable in supporti ng our long -term corporate strategy, stakeholder

engagement efforts, and commitment to responsible critical-minerals development.”

Stock Option Grant

The Company further announces that that it has granted incentive stock options to members of its

advisory board whereby they can purchase up to an aggregate of 90,000 common shares of the

Company pursuant to its incentive share option plan. The options are exercisable for a period of two

years at a price of C$2.04 per share. The options, and any underlying common shares issued upon

exercise, will have a hold period expiring September 20, 2026, in accordance with the policies of the

Canadian Securities Exchange.

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. 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.

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

Project. The Company has no interest in, or right to acquire any interest in, any such adjacent properties

ON BEHALF OF NOVARED MINING INC.

Brian Goss

Chief Executive Officer

T: 775-340-2395

E: [email protected]

FORWARD-LOOKING INFORMATION

This news release contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking

information includes, but is not limited to, statements regarding Mr. Amsterdam’s expected advisory role, the anticipat ed benefits of his

appointment, the Company’s ESG positioning, responsible critical-minerals strategy, stakeholder engagement, technology-driven mineral

exploration strategy, 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 to significant business, economic and competitive uncertainties and contingencies. Such assumptions

include, without limitation: the accuracy of the geophysical interpretations described in this news release, including the in terpretation of

two parent intrusive bodies, pipe-like upward extensions, and a composite intrusive complex underlying the Lamont Grid; the accuracy and

reproducibility of the historical exploration data acquired by the Company; the availability of adequate funding to complete the proposed

and ongoing exploration; the ability of the Company's geophysical contractors to c omplete the 2026 IP/AMT program on schedule;

favourable weather, terrain, and field conditions for completion of the 2026 program; access to the Project area; the availability of qualified

personnel; the receipt of acceptance for filing by the Canadian Sec urities Exchange of the Trojan -Condor Corridor option amending

agreement; the continued cooperation of the optionors under the relevant option agreements; and the continuity of mineralizat ion,

alteration, and intrusive lithologies across the Project.

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. Importan t risk

factors include, but are not limited to: the possibility that the 2026 IP/AMT survey results may not support, or may revise, the geological

interpretations described in this news release; the possibility that historical exploration data acquired by the Company may not be

reproducible by current acquisition methods or may be subject to limitations not previously identified; the continued availability of capital

and financing; the ability to satisfy option earn-in requirements on the timelines contemplated, including with respect to the Trojan-Condor

Corridor; failure to receive acceptance for filing by the Canadian Securities Exchange of the Trojan -Condor Corridor option amending

agreement on the timelines contemplated, or at all; risks inherent in mineral exploration; adverse weather or terrain conditions that may

delay or prevent fieldwork; tenure grant, renewal and permitting outcomes, including under British Columbia's revised mineral tenure

system; Indigenous and community consultation requirements ; changes in applicable laws and regulations; the ability to retain key

personnel and contractors; litigation; failure of counterparties to perform their contractual obligations; and general econom ic, market or

business conditions. Readers are cautioned no t 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.