File: '\\swfile\EmailIn\20261106 093051 Attachment Nov Closing Press Release(5945346.5).doc'

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KICHONA MINERALS INC.

(formerly Olivier Ventures Inc.)

201 - 820 West Broadway

Vancouver, British Columbia V5Z 1J8

Telephone: 604-689-2646

PRESS RELEASE TSXV: KIC

FOR IMMEDIATE DISTRIBUTION

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

KICHONA MINERALS CLOSES ACQUISITION OF FRP HIGHWAY 101 CLAIMS,

PRIVATE PLACEMENT AND SHARES FOR DEBT SETTLEMENT;

COMPLETES REACTIVATION ONTO TSXV VENTURE EXCHANGE

Vancouver, BC - November 6, 2026 - Kichona Minerals Inc. (formerly Olivier Ventures Inc. (the "Company") (TSXV: KIC)) is pleased to announce that it has closed its acquisition (the "Acquisition") of the right to acquire a 100% interest in the FRP Highway 101 Claims (the "Property") under a Definitive Option Agreement (the "Agreement") with the owner of the claims dated March 16, 2026 (the "Effective Date"). The Property consists of 23 contiguous mining claims totaling approximately 471 hectares from the individual who is the registered owner of the claims (the "Optionee") The claims are located in the Frecheville Township within the Larder Lake Mining division of Ontario and are known as the "FRP Highway 101" claims. The Optionee is at arm's length to the Company.

Under the terms of the Agreement, the Company must pay a total of $72,500 in cash, issue a total of 200,000 common shares of the Company (the "Shares") and incur a total of $250,000 in eligible exploration expenditures on the Property over a four-year period according to the following timeline:

(i) Issue 50,000 fully paid Shares of the Company within fifteen (15) days of today's date (the "Closing Date"). Pay $2,500 to the Optionor on the Closing Date and incur a minimum of $75,000 in Eligible Expenditures on the Property within one year of the Closing Date;

(ii) Pay $5,000 to the Optionor and incur a minimum of $25,000 in Eligible Expenditures within two years following the Closing Date;

(iii) Issue 50,000 fully paid Shares, pay $15,000 to the Optionor and incur a minimum of $50,000 in Eligible Expenditures within three years following the Closing Date; and

(iv) Issue 100,000 fully paid Shares, pay $50,000 to the Optionor and incur a minimum of $100,000 in eligible expenditures within four years following the Closing Date.

The Company has now completed the first payment of $2,500 and issued 50,000 common shares to the Optionee.

Additionally, the Property will be subject to a 2% NSR (Net Smelter Returns) in favour of the Optionor, of which the Company has an irrevocable right to purchase 1% at any time after the option has been exercised for a cash payment of $500,000. The Company has the right but not the obligation to accelerate the exercise of the Option by meeting the above requirements on an expedited basis. There were no finder's fees associated with the Agreement.

REACTIVATION AND TRADING

As a result of the Acquisition, the Company will graduate from the NEX and will commence trading as a Tier 2 Mining Issuer on the TSX Venture Exchange (the "TSXV") under the name "Kichona Minerals Inc." with the ticker symbol "KIC", effective as of the opening of trading on Tuesday, November 10, 2026.

ABOUT FRP HIGHWAY 101 CLAIMS

The FRP Hwy 101 Gold Property consists of 23 contiguous claims in central Frecheville Township numbered 543788- 543810 nestled in the midst of the prolific mining camps of Timmins, located approximately 120km to the west, Kirkland Lake, which lies 52km to the southwest, and, Rouyn- Noranda, about 60km to the southeast of the property. The FRP Gold Property adjoins the Agnico Eagle (formerly Kirkland Lake Gold Inc) property which hosts the former producing Holt and Holloway Mines. The following map provides a detailed location of the Property:

According to regional geological mapping carried out by the Ontario Geological Survey (Ayer, Berger & Trowell, 1999), the North Branch of the Porcupine Destor Deformation Zone (PDDZ) is projected through the centre of the Property. There are outcrop exposures in the north and south portions of the Property but the central area through which the PDDZ is projected is extensively covered with glacial sand and clay.

The technical content of this release has been reviewed and approved by Frank R. Ploeger, P.Geo, the "Qualified Person" for the Company under National Instrument 43-101, and the Company has entered into a consulting agreement with Mr. Ploeger to provide these services. Mr. Ploeger is also the owner of the Property and a shareholder of the Company. A technical report prepared on the Property under National Instrument 43-101 (the "Report") has been filed on SEDAR+ under the Company's profile.

OFFERING

Concurrent with the closing of the Acquisition, the Company closed its non-brokered private placement (the "Offering") for gross proceeds of $324,560. The Offering consisted of up to 744,444 units (the "FT Units") at a price of $0.09 per FT Unit for gross proceeds of $67,000. The FT Units consisted of one flow-through share and one-half of one (1/2) common share purchase warrant of the Company (an "FT Warrant"). Each whole FT Warrant is exercisable to purchase one non-flow through common share of the Company at a price of $0.12 for a term of two (2) years from the Closing Date. The Offering also comprised 3,219,500 non-flow through units (the "NFT Units") at a price of $0.08 for gross proceeds of $257,560. Each NFT Unit consisted of one common share and one whole share purchase warrant (an "NFT Warrant"), with each NFT Warrant exercisable for one additional common share of the Company at a price of $0.10 for a period of two years from the date of issue.

All common shares (flow-through or not) and all warrants issued in conjunction with the Offering will be subject to a hold period of four months and one day from their date of issuance. The Company paid finders fees of $560 in cash in connection with the Offering.

The portion of the Offering completed with certain insiders of the Company constituted related party transactions for the purposes of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied on the exemption from the formal valuation requirement in MI 61-101 provided under section 5.5(b) of MI 61-101 on the basis that the Company's shares are not listed on any of the specified markets listed in MI 61-101. They are also exempt from the majority of the minority approval requirement in MI 61-101 under section 5.7(1)(a) of MI 61-101 on the basis that neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves the related parties, exceeded 25% of the Company's market capitalization (as determined under MI 61-101).

DEBT SETTLEMENT

Concurrent with the closing of the Acquisition and the Offering, the Company also closed a shares for debt settlement of $772,000 of debt with six arm's length creditors of the Company (the "Debt Settlement") through the issuance of up to 9,650,000 common shares of the Company at a deemed price of $0.08 per share. The shares issued in association with the Debt Settlement are subject to Seed Share Resale Restrictions in accordance with TSXV Policy 5.4, and will be subject to release in 20% increments every 3 months over the course of one year from their date of issuance. No new insiders were created as a result of the Offering and the Debt Settlement.

EARLY WARNING

Trent Hunter, a current director and insider of the Company, subscribed for 444,444 FT Units in the Offering. When combined with his previous direct and indirect holdings, Mr. Hunter now owns a total of 7,745,611 common shares of the Company, which is 12.55% of the Company's current issued and outstanding shares. Mr. Hunter also holds warrants and stock options to acquire a further 622,222 Shares, which when combined with its current shareholdings (assuming exercise of all of those warrants) would result in total shareholdings of 8,367,833 shares of the Company, or 13.42% of the total issued shares of the Company on a partially diluted basis. This represents a decrease of over 2% of those holdings compared to Mr. Hunter's last filed early warning report as a result of the additional issuances of securities by the Company. Mr. Hunter intends to hold the Shares for investment purposes. Depending upon market conditions and other factors, he may from time to time acquire additional securities of the Company on the open market or through private acquisitions, sell some or all of his existing shareholdings in the Company in accordance with applicable securities laws, or continue to hold his current position

ABOUT KICHONA MINERALS INC.

Kichona Minerals Inc. was incorporated on March 25, 1981 under the laws of the province of British Columbia. On February 28, 2023, the Company changed its name from "Pacific Paradym Energy Inc." to "Olivier Ventures Inc.", and then to "Kichona Minerals Inc." on November 5, 2026.

The Company transitioned from the oil and gas sector to mining exploration in November of 2026 by acquiring the FRP Highway 101 claims located in the Frecheville Township within the Larder Lake Mining division of Ontario. The Company is also looking to add mining claims to its existing portfolio should the opportunity arise. The Company's registered address is at 201 -820 West Broadway, Vancouver, BC, V5Z 1J8. The Company's shares trade on the TSX-V under the symbol "KIC".

For more information, please contact:

KICHONA MINERALS INC.

Harry Chew, President, Director

Email: hchew@pacificparagon.com

Tel: (604) 689-2646

On behalf of the Board of Directors,

"Harry Chew"

Harry Chew

President & CFO

Kichona Minerals Inc.

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.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward-looking statements concern, without limitation: the completion of the transaction announced, including the Acquisition, the Offering and the Debt Settlement as well as the anticipated use of proceeds therefrom. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; timing and amount of capital expenditures; performance of services required by the Company; future operating costs; and the receipt of regulatory approvals. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors, including regulatory risks; unanticipated costs and expenses; availability of funds; market prices;, and general market conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.