Mr. Peter Berdusco reports

CANADA ONE ACQUIRES GOLDROP PROPERTY WEST OF COPPER MOUNTAIN MINE, PRINCETON, BRITISH COLUMBIA

Canada One Mining Corp. has entered into an agreement, dated Dec. 12, 2024, pursuant to which the company has agreed to acquire the Goldrop claim (totalling 42 hectares) from an arm's-length vendor. The property is located four kilometres west of the Copper Mountain mine's Ingerbelle deposit in Princeton, B.C.

The agreement provides for the acquisition of the property for a nominal cash-only consideration.

The acquisition does not involve any non-arm's-length parties (as defined in the policies of the TSX Venture Exchange) to the company. In connection with acquisition, the property does not have any material liabilities and the company does not expect to assume any material obligations related to the property, nor does it expect to devote the majority of its working capital or resources to the development of the property.

The primary focus of the company at this time continues to remain the planned exploration and drilling work at Copper Dome Central. As a result, the acquisition does not constitute a fundamental acquisition for the company within the policies of the exchange.

No finders' fees or commissions are payable in connection with the acquisition.

The company will not be proceeding with the private placement previously arranged on July 9, 2024. The company will revisit financing options and evaluate market conditions in the new year.

Copper Dome project:

• The project lies within the lower portion of the Quesnel Trough porphyry belt, a well-established mining district. The belt extends north from the Copper Mountain mine, through the Elk, Brenda, Craigmont, Highland Valley and New Afton mines.
• Previous drilling has confirmed the presence of high-grade copper associated with northeast-running geological structures similar to those seen at the Copper Mountain mine.
• Past exploration has identified the presence of palladium, platinum and gold mineralization on the property.
• Multiple zones of mineralization have been discovered on the property to date.
• Excellent infrastructure provides year-round access with low-cost exploration and low jurisdictional risk.
• Past exploration includes airborne magnetics flown over the entire project, 51 kilometres of induced polarization surveyed over areas of interest, airborne magnetics and electromagnetics surveyed over half of the project area, 2,253 soil and 378 rock samples collected, over 8,900 metres of diamond drilling, and over one kilometre of trenching.

We seek Safe Harbor.