File: '\\swfile\EmailIn\20241213 071603 Attachment 2024 12 13 - CONE - NR - Goldrop Acqusiiton - Final.docx'

LEGAL*58623906.2

CANADA ONE MINING CORP.

#250 - 750 West Pender St.

Vancouver, British Columbia, V6C 2T7

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

Vancouver, B.C., December 13, 2024 - Canada One Mining Corp. ("Canada One" or the "Company") (TSXV: CONE) (OTC: COMCF) (FSE: AU31) is pleased to announce it has entered into an agreement (the "Agreement"), dated December 12, 2024, pursuant to which the Company has agreed to acquire (the "Acquisition") the Goldrop claim (totalling 42 hectares) (the "Property") from an arm's length vendor. The Property is located 4KM west of Copper Mountain Mine's Ingerbelle deposit, Princeton, British Columbia.

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 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 also announces it will not be proceeding with the private placement previously announced on July 09, 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 (Pd), platinum (Pt) and gold (Au) 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, 51km of induced polarization (IP) surveyed over areas of interest, Airborne Magnetics and electro-magnetics (EM) surveyed over half of the Project area, 2,253 soil and 378 rock samples collected, over 8900m of diamond drilling and over 1km of trenching

For further information, interested parties are encouraged to visit the Company's website at www.canadaonemining.com, or contact the Company by email at ir@strategixir.com, or by phone at 1.877.844.4661.

On behalf of the Board of Directors of

CANADA ONE MINING CORP.

Peter Berdusco

President and Chief Executive Officer

Forward-Looking Statements

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

TSX Venture Exchange Disclaimer

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.