Mr. Scott Kelly reports

CANOE MINING VENTURES CORP. ANNOUNCES PROPOSED SHARE CONSOLIDATION AND NAME CHANGE

Canoe Mining Ventures Corp. proposes to complete a share consolidation of its outstanding common shares on the basis of one new common share for every 3.32 old common shares outstanding, in connection with the company's previously announced business combination with Longview Gold Corp. pursuant to a business combination agreement dated July 24, 2026, as amended.

There are currently an aggregate of 35,640,316 common shares of Canoe issued and outstanding. Accordingly, following the completion of the consolidation but before giving effect to any additional share issuances in connection with the transaction, it is expected that there will be approximately 10,735,034 postconsolidation common shares of the company outstanding. The company also proposes to effect a name change to Longview Gold Corp. contemporaneously with the consolidation, pursuant to the agreement. The consolidation and name change are expected to become effective in connection with and are conditional upon completion of the transaction.

The consolidation and the name change each remain subject to the approval of TSX Venture Exchange as well as the approval of shareholders of the company, which will be sought at the coming annual and special meeting of shareholders to be held on Nov. 25, 2026. For further details of the consolidation, the name change and the transaction, please refer to the joint management information circular of the company and Longview dated Oct. 27, 2026, available on SEDAR+.

About Canoe Mining Ventures Corp.

Canoe Mining Ventures is a Canadian mineral exploration company focused on identifying, acquiring and advancing exploration assets. The company seeks to generate value through property acquisitions, geological evaluation and disciplined project development in jurisdictions with strong mining frameworks and infrastructure.

We seek Safe Harbor.