File: Attachment 2026 03 20 DIG NR announcing AGM and Interim CFO final.pdf

DISTRICT MINES ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING AND APPOINTMENT OF INTERIM CFO

Vancouver, British Columbia March 20, 2026 District Mines Ltd. ("District Mines" or the "Company") (NEX: DIG.H) announces the results of its Annual General and Special Meeting of shareholders (the "Meeting") held on February 27, 2026.

AGM RESULTS

A total of 261,779 common shares were represented at the Meeting, representing approximately 2.03% of the Company's issued and outstanding common shares as at the record date. Shareholders were represented by proxy only.

At the Meeting, shareholders approved all matters placed before them, including the following:

Financial Statements

The audited financial statements of the Company for the financial year ended December 31, 2024, together with the auditor's report and management's discussion and analysis, were received by shareholders.

Number of Directors

Shareholders approved setting the number of directors of the Company at six.

Election of Directors

All nominees listed in the Company's management information circular dated January 29, 2026 were elected as directors of the Company for the ensuing year: Dane Gehrke Ehsan Agahi (since resigned, see press release dated March 16, 2026) Ryan Russell David Bradley Dustin Kinch Chris Campbell

Appointment of Auditor

Shareholders approved the re-appointment of MNP LLP, Chartered Professional Accountants, as auditor of the Company for the ensuing year and authorized the board of directors to fix the auditor's remuneration. Stock Option Plan

Shareholders approved the re-approval of the Company's 10% rolling stock option plan for the ensuing year.

Ratification of Past Acts

Shareholders approved the ratification and confirmation of all acts, proceedings, contracts, appointments, elections and payments made by the directors and officers of the Company since December 14, 2022.

CORRECTION NOTICE OF MEETING AND CIRCULAR

The Company also wishes to clarify that the notice and circular in respect of the Meeting referred to the audited financial statements for the year ended December 31, 2025. As these financial statements have not yet been finalized, only the Company's audited financial statements and management's discussion and analysis for the year ended December 31, 2024 are currently available on the Company's SEDAR+ profile. The audited financial statements and management's discussion and analysis for the year ended December 31, 2025 will be filed on SEDAR+ as soon as they are completed

APPOINTMENT OF CFO

Additionally, the Company is pleased to announce the appointment of Mr. Roland Gehrke as Interim Chief Financial Officer, effective immediately. Mr. Gehrke is a seasoned finance executive with extensive experience in financial management, public company reporting, and corporate governance. Over the course of his career, he has held senior finance roles across multiple sectors, and crown corporations, where he has been responsible for financial reporting, internal controls, budgeting, and strategic financial planning. Mr. Gehrke brings strong expertise in regulatory compliance. The Company believes that Mr. Gehrke's depth of financial and operational experience will support District Mines as it advances its corporate and strategic initiatives.

About District Mines Ltd.

District Mines Ltd explores and develops petroleum and natural gas reserves in Western Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

District Mines Ltd. Tel: (250) 412-9819 districtminesltd@gmail.com

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.