Mr. Bruce Reid reports

55 NORTH MINING APPOINTS WAYNE PARSONS AS EXECUTIVE CHAIR; STRENGTHENS LEADERSHIP AS THE COMPANY ADVANCES THE LAST HOPE GOLD PROJECT

55 North Mining Inc. has appointed Wayne Parsons as executive chair of the board, effective Jan. 1, 2026.

Mr. Parsons brings over 20 years of experience in the investment business, having worked at Bank of Montreal, Royal Bank of Canada and most recently at National Bank Financial. He has since established a consulting practice focused on the mining sector and provides strategic advisory services to mining companies focused on capital markets strategy, financing execution and investor engagement. Mr. Parsons has served on a number of boards, most recently with Bunker Hill Mining Corp.

"Wayne's skills and experience are exactly what 55 North needs as we advance this project toward production," said Bruce Reid, chief executive officer of 55 North Mining. "He is well connected globally and will be a tremendous help in connecting us with the right people to get this project financed. We met in the early days of Bunker Hill Mining, and when that project encountered challenges, Wayne stepped in, personally funded the recapitalization and helped assemble the team to move it forward. His reputation will be highly valuable to our future success."

The company believes Mr. Parsons' appointment significantly strengthens its leadership and positions 55 North to execute on its strategy of advancing the Last Hope gold project toward development and production.

About 55 North Mining Inc.

55 North Mining is a Canadian exploration and development company advancing its high-grade Last Hope gold project located in Manitoba, Canada.

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