Mr. Dustin Henderson reports

BLACK MAMMOTH METALS RECEIVES APPROVAL TO LIST ON THE NASDAQ CAPITAL MARKET

The common shares of Black Mammoth Metals Corp. have been approved for listing on the Nasdaq Capital Market under the ticker symbol BMMX.

The common shares are expected to commence trading on Nasdaq on Oct. 15, 2026. The Nasdaq listing is expected to strengthen the company's capital market presence and facilitate access to a broader investor base while complementing its existing Canadian market presence. In connection with the Nasdaq listing, the company expects its common shares to be removed from the OTC Pink Limited Market on Oct. 15, 2026.

The company has filed a registration statement on Form 40-F with the U.S. Securities and Exchange Commission in connection with the Nasdaq listing pursuant to the multijurisdictional disclosure system. The registration statement is expected to become effective on or before 4:30 p.m. Eastern Time on Oct. 14, 2026, in advance of the commencement of trading on Nasdaq on Oct. 15, 2026.

No action is required by existing shareholders in connection with the Nasdaq listing.

About Black Mammoth Metals Corp.

Since January, 2024, Black Mammoth Metals has acquired a 100-per-cent interest in 28 core properties:

• Mineral Mountain, Washington county, Utah;
• Antelope gold property, White Pine county, Nevada;
• 305 property, Lander county, Nevada;
• Cupz gold property, Esmeralda county, Nevada;
• West Reveille silver property, Nye county, Nevada;
• Tom's Pediment gold-silver property, Lander county, Nevada;
• Mustang gold-silver property, Nye county, Nevada;
• Ramsey silver property, La Paz county, Arizona;
• Gallinas rare earth property, Lincoln county, New Mexico;
• Amador silver property, Lander county, Nevada;
• Big Bear copper property, Gila county, Arizona;
• Zulu gold property, Gila county, Arizona;
• Northern Star property, La Paz county, Arizona;
• Coal Canyon gold property, Pershing county, Nevada;
• Island Mountain gold district (including Coleman Canyon, St. Elmo and Diamond Jim (silver, lead, zinc and antimony)), Elko county, Nevada;
• Clover high-grade gold property, Elko county, Nevada;
• Leadore silver-lead-rare-earth-element property, Lemhi county, Idaho;
• East Reveille gold property, Nye county, Nevada;
• America mine gold property, San Bernardino, Calif.;
• Quito gold property, Lander county, Nevada;
• South Ravenswood gold district (including the Raven and Happy Cat properties), Lander county, Nevada (Happy Cat was purchased prior to January, 2024);
• Callaghan gold district (including North Callaghan, Charlie, Cottonwood and Rast properties), Lander county, Nevada.

Black Mammoth also has a 100-per-cent interest in the Blanco Creek gold property in the Elk Creek mining district, central Idaho, which hosts three historic underground mines along 3,550 metres (11,644 feet) of strike on the northeast-trending regional Blanco shear zone.

Qualified person

Mark J. Abrams, CPG No. 11451, a qualified person as defined under National Instrument 43-101, a director of Black Mammoth, has reviewed and approved the technical content in this news release.

We seek Safe Harbor.