VCG.V · 2025-08-26 12:00:00

Callinex Changes Name to Visionary Copper and Gold Mines Inc.

Corporate Actions

VANCOUVER, British Columbia, Aug. 26, 2025 -- Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX:

CLLXF) is pleased to announce that it has changed its name to “Visionary Copper and Gold Mines Inc.” (the “Name Change”).

The Company's common shares will commence trading under the new name and stock ticker symbol "VCG" at the start of

trading on August 28, 2025, on the TSX Venture Exchange.

The Name Change better reflects the Company’s plan to pursue its copper and gold projects based in Canada.

In connection with the Name Change, the following new ISIN CA9279521012 number has been assigned to the common

shares of the Company. No action is required to be taken by shareholders with respect to the name change. Outstanding

common share and warrant certificates bearing the old name of the Company are still valid and are not affected by the name

and ticker symbol change.

About Callinex Mines Inc.

Callinex Mines Inc. (TSXV: CNX) (OTCQX: CLLXF) is advancing its portfolio of base and precious metals rich deposits

located in established Canadian mining jurisdictions. The focus of the portfolio is highlighted by the 100% owned Point

Leamington Deposit in Newfoundland, located in one of the richest VMS and Gold Districts in Canada. Callinex prepared a pit

constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t AuEq for 402 koz AuEq (145.7 koz gold, 60.0 Mlb copper,

153.5 Mlb zinc, 2.0 Moz silver, 1.5 Mlb lead), a pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq for

986.5 koz AuEq (354.8 koz gold, 110.2 Mlb copper, 527.3 Mlb zinc, 6.2 Moz silver, 7.0 Mlb lead) and an out-of-pit Inferred

Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq for 168.5 koz AuEq (65.4 koz gold, 13.3 Mlb copper, 102.9 Mlb zinc, 1.4

Moz Ag, 2.6 Mlb lead) (see news release dated October 25, 2021). Additionally the Company is permitting the Rainbow

deposit at its rich VMS Pine Bay Project located near existing infrastructure in the Flin Flon Mining District. Callinex prepared

an indicated mineral resource on the Rainbow deposit of 3.44 Mt grading 3.59% CuEq for 272.4 Mlb CuEq (238.3 Mlb Cu, 56.9

Mlb Zn, 37.6 koz Au, 692.8 koz Ag, 2.3 Mlb Pb), an inferred mineral resource on the Rainbow deposit of 1.28 Mt grading

2.95% CuEq containing 83.4 Mlb CuEq (72.1 Mlb Cu, 19.5 Mlb Zn, 11.1 koz Au, 222.2 Koz Ag, 0.8 Mlb Pb) and an inferred

mineral resource at the Pine Bay deposit of 1.0 Mt grading 2.62% Cu containing 58.1 Mlb Cu (see news release dated July 10,

2023). Additionally, the portfolio includes the Nash Creek Project located in the VMS rich Bathurst Mining District of New

Brunswick. A 2018 PEA generates a strong economic return with a pre-tax IRR of 34.1% (25.2% post-tax) and NPV8% of

$230 million ($128 million post-tax) at $1.25 Zinc (see news release dated May 14, 2018).

For additional information, please contact:

Callinex Mines Inc.

Max Porterfield, President and Chief Executive Officer

Phone: (604) 605-0885

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.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to,

statements with respect to future expenditures. These statements address future events and conditions and, as such, involve

known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements

to be materially different from any future results, performance or achievements expressed or implied by the statements. Such

factors include, among others, the ability to complete the proposed drill program and the timing and amount of expenditures.

Except as required under applicable securities laws, Callinex does not assume the obligation to update any forward-looking

statement.