Mr. Christopher Gordon reports

TOCVAN ANNOUNCES STRATEGIC MANAGEMENT RESTRUCTURING TO ALIGN LEADERSHIP WITH GROWTH AND PRODUCTION OBJECTIVES

Tocvan Ventures Corp. has made strategic changes to its executive leadership team. These title shifts are designed to better align management responsibilities with Tocvan's rapid advancement toward production at its flagship Gran Pilar gold-silver project in Sonora, Mexico. At the Gran Pilar gold-silver project, over 9,800 metres have been drilled so far in 2026, with results pending for over 6,400 metres. In tandem with drilling, the building of its fully permitted pilot facility continues for operation in Q4 2026.

Effective immediately:

• Brodie Sutherland has been appointed executive chair. Mr. Sutherland previously served as president and chief executive officer.
• Christopher Gordon has been appointed chief executive officer. Mr. Gordon previously served as head of corporate development.
• Rodrigo Calles-Montijo, a board director since 2021, has been appointed president.

"These changes position Tocvan with a clear, focused leadership structure as we transition from exploration into development and production," said Mr. Sutherland, executive chair. "I am excited about the company's continued growth and the opportunity to provide daily strategic oversight as executive chair while supporting the talented team driving day-to-day execution. Having been involved since the company's inception, it is particularly rewarding to see Tocvan advance toward production and we look forward to seeing through this next exciting phase. The recent additions of Anna Ladd-Kruger to the board and Darin Wagner as special adviser further reinforce our strengthened capabilities across technical, operational, financial and governance areas."

Mr. Gordon, chief executive officer, added: "I am honoured to assume the role of CEO at this pivotal time. Tocvan has made tremendous progress at Gran Pilar, including advancing the permitted pilot mine facility. I look forward to leading the corporate and capital markets strategy as we work to unlock significant shareholder value through near-term production and resource growth."

Mr. Calles-Montijo, president, commented: "As president, I will focus on operational excellence and project advancement in Mexico. With over 30 years of experience in the region and deep knowledge of the Gran Pilar project, I am excited to help drive efficient execution as we move toward maiden resource estimation, PEA [preliminary economic assessment] and production."

These changes form part of Tocvan's continuing program of team strengthening as the company transitions from exploration to development and near-term production. Recent enhancements include the appointment of Anna Ladd-Kruger as an independent director in January, 2026, and the addition of Darin Wagner, PGeo, as special adviser in March, 2026. The restructuring strengthens Tocvan's ability to execute on its vision of becoming a mid-tier gold and silver producer in the mining-friendly jurisdiction of Sonora. The experienced leadership team combines technical expertise, operational knowledge in Mexico and strong capital markets capabilities.

About Tocvan Ventures Corp.

Tocvan Ventures is a dynamic exploration and near-term producer advancing high-potential gold and silver projects in the mine-friendly jurisdiction of Sonora, Mexico. At its flagship Gran Pilar gold-silver project, Tocvan holds a 100-per-cent interest in over 21 square kilometres of prospective ground, bolstered by the pivotal 2023 land acquisition that provides ample space for scalable mine infrastructure, including a planned 50,000-tonne pilot production facility. Recent exploration successes, including near surface 3.1 metres at 19.4 grams per tonne gold, underscore Gran Pilar's potential as a premier gold-silver asset. Additionally, Tocvan's 100-per-cent-owned Picacho gold-silver project, located in the prolific Caborca trend -- home to some of Mexico's largest gold deposits -- positions the company for further growth. With robust metallurgical results (up to 99-per-cent gold recovery and 97-per-cent silver recovery) and a strategic capital to bolster growth, Tocvan is poised to deliver significant shareholder value in a market buoyed by record-high gold prices. With approximately 78.7 million shares outstanding, Tocvan is committed to unlocking the full potential of its assets through innovative exploration, strategic development and investor-focused initiatives.

Mr. Sutherland, executive chair for Tocvan Ventures and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this release.

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