Mr. Philippe MacKay reports

FOKUS MINING SHAREHOLDERS APPROVE PREVIOUSLY ANNOUNCED ACQUISITION BY GOLD CANDLE

At the special meeting of Fokus Mining Corp.'s shareholders held on April 13, 2026, its shareholders approved the previously announced plan of arrangement under the Canada Business Corporations Act, whereby Gold Candle Ltd. will acquire all of the issued and outstanding common shares in the capital of Fokus for 26 cents in cash per share.

The special resolution approving the arrangement required approval by (i) not less than 66.66 per cent of the votes cast by shareholders at the meeting, and (ii) a majority of the votes cast by shareholders, excluding the votes attached to company shares held by any person required to be excluded pursuant to Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. At the meeting, the arrangement resolution was passed by 99.98 per cent of all votes cast on the arrangement resolution by the holders of company shares present in person or represented by proxy, and 99.97 per cent of all votes cast on the arrangement resolution by the holders of company shares present in person or represented by proxy, excluding the votes attached to company shares held by the excluded shareholders.

Details of the votes cast are set out in the attached table.

Completion of the arrangement remains subject to certain customary closing conditions, including the issuance of a final order by the Superior Court of Quebec approving the arrangement. The hearing in respect of the final order is expected to take place on April 17, 2026. If the final order is obtained and the other conditions to closing are satisfied or waived, it is anticipated that the arrangement will close in the second quarter of 2026.

About Fokus Mining Corp.

Fokus is a mineral resource company focused on the acquisition and exploration of precious metal deposits in Quebec's Abitibi region. Fokus's flagship Galloway project is located approximately 20 kilometres west of Rouyn-Noranda, immediately north of the Cadillac-Larder Lake Fault.

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