Ms. Trish Olynyk reports

KAYMUS RESOURCES ANNOUNCES RECORD DATE AND DUE BILL TRADING PROCEDURES FOR RETURN OF CAPITAL DISTRIBUTION

Kaymus Resources Inc. has released further details regarding the previously announced special return of capital distribution to holders of its common shares.

As previously announced, following approval by shareholders at the annual and special meeting of shareholders held on May 22, 2026, and approval by the board of directors, the company will make a special one-time return of capital distribution of $1.00 per common share to holders of common shares, calculated on a postconsolidation basis following the 10:1 consolidation of the common shares completed on June 2, 2026.

The return of capital distribution will be payable on June 11, 2026.

Due bill trading

The TSX Venture Exchange has determined that the return of capital distribution will be completed in accordance with its applicable due bill trading procedures.

The common shares will trade on a due bill basis from June 4, 2026, through June 11, 2026, inclusive. Any trades of common shares executed on the NEX board of the TSX Venture Exchange during the due bill period will carry the entitlement to receive the return of capital distribution. Accordingly, shareholders who sell common shares during the due bill period will also transfer their entitlement to receive the return of capital distribution to the purchaser of those common shares.

The common shares will commence trading on an ex dividend basis on June 12, 2026. The due bill redemption date is June 12, 2026.

Shareholders who have questions regarding the return of capital distribution should consult their investment adviser, broker or other professional adviser.

We seek Safe Harbor.