Mr. Christopher Anderson reports

XIMEN MINING CLOSES PRIVATE PLACEMENT

Ximen Mining Corp. has closed the final tranche of the private placement previously announced on April 1, 2022, for gross proceeds of $90,000. The final tranche of the non-brokered private placement consisted of 600,000 units at a price of 15 cents per unit. Each unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 24 months from the date of issue, one additional common share of the issuer at an exercise price of 25 cents per share.

There were no finders' fees payable on this final tranche. All securities issued in connection with the final tranche closing will be subject to a hold period expiring on Sept. 18, 2022.

The net proceeds from the offering will be used by the company for exploration expenses on the company's B.C. mineral properties and for general working capital. The closing of the final tranche of the private placement financing is subject to final TSX Venture Exchange approval.

About Ximen Mining Corp.

Ximen owns a 100-per-cent interest in three of its precious metal projects located in Southern British Columbia. Ximen has two gold projects, the Amelia gold mine and the Brett epithermal gold project. Ximen also owns the Treasure Mountain silver project adjacent to the past-producing Huldra silver mine. Currently, the Treasure Mountain silver project is under an option agreement. The option partner is making annual staged cash and stock payments, as well as financing the development of the project. The company has also acquired control of the Kenville gold mine near Nelson, B.C., which comes with surface and underground rights, buildings, and equipment.

Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, in the United States under the symbol XXMMF, and in the Frankfurt, Munich and Berlin stock exchanges in Germany under the symbols 1XMA and WKN with A2JBKL.

We seek Safe Harbor.