Mr. Tim Warman reports

TALAMORE ANNOUNCES SHAREHOLDER APPROVAL OF FINANCING AND TIMING OF WARRANT EARLY EXERCISE INCENTIVE PROGRAM

Talamore Mining Corp. has released the voting results of the special meeting of shareholders of the company held on Oct. 2, 2026. At the meeting, shareholders considered resolutions to approve: (i) the issuance of 47.25 million common share purchase warrants of the company in connection with a project finance debt facility in the amount of $450-million; and (ii) the implementation of a warrant early exercise incentive program. The resolutions relating to the debt facility and incentive program were approved by shareholders at the meeting.

With the necessary shareholder approvals having been obtained, Talamore plans to proceed with closing the first tranche of the debt facility in mid-October, 2026. The Incentive program will run from Oct. 15, 2026, to Nov. 16, 2026, as more particularly described below.

Warrant incentive program to commence Oct. 15, 2026

Talamore will proceed with the incentive program to encourage the early exercise of 35.2 million common share purchase warrants that are exercisable at a price of $2.50 per share and were issued in connection with the acquisition of the Coffee project in 2025. Under the incentive program, warrant holders will be entitled to receive one half new common share purchase warrant upon the exercise of each 2025 warrant. The incentive warrants will have an exercise price of $15.50 per share and will expire on Oct. 15, 2033. Warrant holders that exercise 2025 warrants between Oct. 15, 2026, and Nov. 16, 2026, will be eligible to receive the incentive warrants.

Talamore views the opportunity to participate in the incentive program as being beneficial to both warrant holders and the company and encourages warrant holders to take advantage of the program. Warrant holders of record will receive additional information from the company regarding the incentive program in the coming days.

About Talamore Mining Corp.

Talamore Mining is a Canadian exploration and development company advancing the Coffee gold project in Yukon, Canada. Coffee is a 100-per-cent-owned, open-pit heap leach gold project in the final stages of permitting and engineering, and the company is working toward a construction decision. In addition to Coffee, Talamore holds a portfolio of copper and gold assets in Chile and Mexico, providing longer-term growth potential.

Talamore recognizes that protection of the land and water around the Coffee gold project is of central importance to the Trondek Hwech'in, Selkirk First Nation, White River First Nation and the First Nation of Na-Cho Nyak Dun. The company is focused on building long-term relationships grounded in transparency, respect and follow-through. From day 1, Talamore's approach is simple: do the work properly, be honest about it and follow through on what we say.

We seek Safe Harbor.