Mr. Nick DeMare reports

EAST WEST RAISES OVER $825,000 IN NON-BROKERED PRIVATE PLACEMENT

East West Minerals Ltd. has closed the non-brokered private placement financing announced on June 12, 2026, by issuing a total of 7,521,773 units, at a price of 11 cents per unit, for gross proceeds of $827,395. Each unit comprised one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of 15 cents for a period of three years from closing. No finders' fees were paid in this financing and proceeds will be used for working capital purposes.

All securities issued in the financing will be subject to a four-month hold period and to all necessary regulatory approvals, including final acceptance of the TSX Venture Exchange.

Certain insiders of the company participated in the financing by purchasing an aggregate of 1,227,500 units. Participation of the insiders in the offering constituted a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, but was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities issued to the insiders nor the consideration paid by the insiders exceeded 25 per cent of the company's market capitalization. None of the company's directors expressed any contrary views or disagreements with respect to the foregoing. The company did not file a material change report 21 days prior to the closing of the offering as the details of the participation of the insiders of the company had not been confirmed at that time.