QURI-Mayu Announces Private Placement

QURI-MAYU DEVELOPMENTS LTD.

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QURI-MAYU ANNOUNCES PRIVATE PLACEMENT

News Release - Vancouver, British Columbia, July 14, 2025 – Quri-Mayu Resources Developments

Ltd. (TSXV: QURI) (the "Company") is pleased to announce a non-brokered private placement of

up to 40,000,000 units (each, a " Unit") at a price of $0.0 5 per Unit for gross proceeds of up to

$2,000,000 (the "Offering").

Each Unit will consist of one common share (a " Share") and one -half of one common share

purchase warrant (each whole warrant, a "Warrant") of the Company. Each Warrant will entitle

the holder to purchase one Share (a "Warrant Share") at an exercise price of $0.10 per Warrant

Share for a period of twenty-four (24) months from the date of issuance. The Warrants will be

subject to an acceleration provision whereby if the closing price of the Shares on the TSX Venture

Exchange (the “TSXV”) equals or exceeds $0.20 for a period of 10 consecutive trading days, the

Company may, within 15 days of such occurrence, accelerate the expiry date of the Warrants by

giving notice to the holders, in which case the Warrants will expire on the 30th day after such

notice is given.

The Offering will be made available to subscribers pursuant to the accredited investor and

friends, family and business associate exemptions provided under sections 2.3(1) and 2.5 of

National Instrument 45-106 - Prospectus Exemptions.

The Company intends to use the proceeds from the Offering for the exploration and

advancement of the Company’s proper ty and for the working capital purposes. The Company

may reallocate the proceeds in its discretion for sound business reasons.

Finders’ fees may be payable in connection with the Offering in accordance with the policies of

the TSXV.

All securities to be issued in connection with the Offering will be subject to a statutory hold period

of four months and one day from the date of issuance in accordance with applicable Canadian

securities laws.

Completion of the Offering is subject to customary closing conditions, including the approval of

the TSXV.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the

securities described herein in any jurisdiction where such offer, solicitation, or sale would be

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unlawful. The securities have not been and will not be registered under the United States

Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state securities laws,

and may not be offered or sold within the United States unless an e xemption from such

registration is available.

About Quri-Mayu Developments Ltd.

Quri-Mayu Developments Ltd. is a resource exploration company that is acquiring and exploring

mineral properties. The Company is a reporting issuer in the province of British Columbia.

On Behalf of the Board of Directors

QURI-MAYU DEVELOPMENTS LTD.

Kevin Smith

Chief Executive Officer

Telephone: 604-309-6340

Cautionary Statements Regarding Forward Looking Information

This news release contains “forward -looking statements” within the meaning of applicable Canadian

securities legislation. Forward -looking statements include, but are not limited to, statements regarding

the completion of the Offering, receipt of regulatory approvals, and the use of proceeds.

Forward-looking statements are based on expectations, estimates, and projections as of the date of this

news release and are subject to a number of risks and uncertainties that may cause actual results to differ

materially from those anticipated. These risks and uncertainties include, among others, market conditions,

regulatory approvals, and general economic factors. There can be no assurance that such statements will

prove to be accurate, and readers are cautioned not to place undue reliance on these forw ard-looking

statements. The Company undertakes no obligation to update forward -looking statements except as

required by applicable law.

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 release.