Dr. Elena Clarici reports

ELECTRUM DISCOVERY CORP. ANNOUNCES ENGAGEMENT OF MARKET MAKER

Electrum Discovery Corp. has retained DS Market Solutions Inc. to provide market-making services, in accordance with TSX Venture Exchange policies and subject to the approval of the TSX-V.

Pursuant to the agreement, DS Market Solutions will provide the company with liquidity services in compliance with the provisions of TSX-V Policy 3.4, with the objective of enhancing market depth and increasing liquidity of the company's common shares. DS Market uses its own funds in providing the services and, other than securities used for liquidity purposes, it has no interest, directly or indirectly, in the securities of the company, nor has it any right to acquire the same. DS Market Solutions provides the services through Canaccord Direct DMA. The company and DS Market are arm's-length, unrelated and unaffiliated entities, and DS Market has no interest, directly or indirectly in the company or its securities.

In consideration of the services provided by DS Market, the company will pay DS Market a monthly fee of $5,000 from the company's available cash for a minimum term of one month and renewable for successive one-month terms thereafter. Either party may terminate the arrangement by providing written notice to that effect 30 days prior to the end of the then-current term. The services provided by DS Market commenced on Oct. 31, 2024.

About Electrum Discovery Corp.

Electrum Discovery is an emerging mineral exploration and development company focused on the prolific Western Tethyan belt with two main projects spanning 645 square kilometres of prospective exploration ground in Serbia:

• Timok East extends over 123 square kilometres across the Timok copper-gold region and includes the recently discovered Bambino copper-gold anomaly, located fewer than five kilometres from the Bor copper-gold mining complex.
• Novo Tlamino, located in southeastern Serbia, covers 522 square kilometres and includes an inferred mineral resource estimate of 670,000 ounces of gold equivalent (7.1 million tonnes at an average grade of 2.9 grams per tonne AuEq) (see preliminary economic assessment dated Jan. 7, 2021).

Electrum's management team has been focused on maximizing shareholder value through the acquisition and advancement of a large portfolio of copper-gold assets, while fostering sustainability, governance and knowledge transfer in the region.

We seek Safe Harbor.