Mr. James Hynes reports

KORE ANNOUNCES NEW BOARD MEMBER AND GRANT OF OPTIONS AND RSUS

Kore Mining Ltd. has appointed Scott MacDonald to its board of directors, effective April 29, 2026. Mr. MacDonald has also been appointed as a member of the company's audit committee.

Mr. MacDonald is the owner and manager of Totalplan Inc. (doing business as Totalplan), a Vancouver-based company specializing in office interior solutions and commercial furniture. He has led the company's growth as a long-standing participant in Vancouver's office interior industry. Under his leadership, Totalplan has maintained a strong presence in the B.C. market for decades, with roots dating back to 1966. The company has built a reputation for delivering high-quality office furniture and functional workspace design tailored to the needs of modern businesses. Mr. MacDonald is recognized for overseeing a business with deep community ties and a long-established local presence. His experience in managing and expanding a respected Vancouver-based firm brings valuable operational and industry insight to the board.

The company also announces that, pursuant to its omnibus long-term incentive plan, the board has approved the grant of an aggregate of 50,000 stock options to a consultant of the company and 4,307,596 restricted share units to certain directors and officers of the company.

Each option is exercisable to acquire one common share of the company at an exercise price of 27 cents per share for a period of 10 years from the grant date. Of the options granted, 50 per cent vest immediately on the grant date, and the remaining 50 per cent vest six months following the grant date.

Each vested RSU entitles the holder to receive one common share of the company in accordance with the omnibus plan for a period of 10 years from the grant date. The RSUs have a term of 10 years from the grant date and will vest one year from the grant date.

All options and RSUs are subject to the terms of the omnibus plan, applicable securities laws and the policies of the TSX Venture Exchange. The grants remain subject to acceptance by the TSX Venture Exchange, where applicable.

About Kore Mining Ltd.

Kore Mining is focused on responsibly creating value from its portfolio of gold assets in California, United States. The company is advancing the Imperial project toward development while continuing to explore across both district-scale gold assets.

We seek Safe Harbor.