Mr. Peter Berdusco reports

INTERNATIONAL BETHLEHEM MINING ANNOUNCES PLAN TO GROW SHAREHOLDER VALUE

International Bethlehem Mining Corp. has provided information on its plan to grow shareholder value.

Share consolidation

To optimize the capital structure of the company and to attract financing to drive the company forward, the board of directors approved, on July 28, 2026, a share consolidation at a ratio of one postconsolidated share for every 10 preconsolidated shares. The share consolidation is expected to become effective on Aug. 25, 2026. The new Cusip number for the company's common shares following the share consolidation will be 459123303. Immediately following the share consolidation, the issued capital of the company will be reduced to 2,889,761 shares outstanding. The proposed share consolidation remains subject to exchange acceptance.

The transactions contemplated herein are described to transform the capital structure of the company and position it for growth and shareholder value appreciation.

"On behalf of Bethlehem's board of directors, we are delighted to execute the plan to grow shareholder value, benefiting all our shareholders by reinstating our listing on TSX Venture Exchange and business activity," said Peter Berdusco, chief executive officer.

About International Bethlehem Mining Corp.

International Bethlehem Mining is a Vancouver-based minerals and metals exploration company that has focused on gold and mineral properties in British Columbia, Canada. Recently, Bethlehem is expanding its attention globally and adding critical metals on its exploration interest.

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