Mr. Christos Doulis reports

BRUTUS MINING ANNOUNCES CLOSING OF $3.0 MILLION PRIVATE PLACEMENT FINANCINGS

Brutus Mining Inc. has closed its non-brokered private placements previously announced on Sept. 21, 2026, for aggregate gross proceeds of $2,998,725.05.

The company issued 5,710,643 units at a price of 35 cents per unit for gross proceeds of $1,998,725.05. Each unit comprises one common share of the company and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one share at a price of 40 cents for a period of 24 months from the closing date.

The company also issued 2.5 million flow-through units at a price of 40 cents per flow-through unit for gross proceeds of $1-million. Each flow-through unit comprises one common share of the company issued as a flow-through share within the meaning of the Income Tax Act (Canada) and one common share purchase warrant. Each flow-through warrant entitles the holder to purchase one share, which will not be a flow-through share, at a price of 43 cents for a period of 24 months from the closing date.

The proceeds from the sale of the units will be used for exploration on the CW property, the evaluation of new project opportunities and/or for general working capital purposes. The gross proceeds from the sale of the flow-through units will be used to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures, as those terms are defined in the Income Tax Act (Canada). The company will renounce all qualifying expenditures to the subscribers of the flow-through units with an effective date no later than Dec. 31, 2026.

In connection with the closing of the offerings, the company paid finders' fees of $203,260.75, and issued 399,745 non-transferable warrants and 158,375 non-transferable flow-through warrants to eligible arm's-length finders. All securities issued under the offerings are subject to a hold period of four months and one day.

About Brutus Mining Inc.

Brutus Mining is a Vancouver-based mineral exploration company. It holds an option to acquire a 100-per-cent interest in the CW property, five contiguous mineral claims totalling 2,894.56 hectares in the Kamloops mining division of British Columbia, approximately 100 kilometres north of Kamloops. The property hosts five reported Minfile showings with copper and gold mineralization and is at an early stage of exploration.

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