File: Attachment Early Warning Press Release 2024 08 28 Jag Sandhu.pdf

Jag Sandhu 12339 57A Avenue Surrey, BC V3X 3H3

August 28, 2024

NEWS RELEASE

Pursuant to: National Instrument 62-103

Jag Sandhu ("Mr. Sandhu") announces that on August 27, 2024, he disposed of ownership and/or control, directly and indirectly, of a total of 2,900,000 common shares of Big Red Mining Corp. ("Big Red") at a price of $0.05 per share through several private transactions (the "Dispositions").

Prior to the Dispositions, Mr. Sandhu had ownership and control, directly and indirectly, of 6,000,000 common shares, 1,250,000 share purchase warrants and 400,000 stock options of Big Red, and shared control of 2,500,000 common shares and 2,000,000 share purchase warrants of Big Red, which together represented approximately 25.0% of the issued and outstanding common shares of Big Red on a non-diluted basis and 32.3% when assuming exercise of all share purchase warrants and stock options held or controlled by Mr. Sandhu. The Dispositions result in Mr. Sandhu having ownership and control, directly and indirectly, of a total 4,800,000 common shares, 1,250,000 share purchase warrants and 400,000 stock options of Big Red, and shared control of 800,000 common shares and 2,000,000 share purchase warrants of Big Red, a decrease of approximately 8.5% on a non-diluted basis and 7.7% when assuming exercise of all share purchase warrants and stock options held or controlled by Mr. Sandhu, for a total of approximately 16.5% of the issued and outstanding common shares of Big Red on a non-diluted basis and 24.6% when assuming exercise of all share purchase warrants and stock options held or controlled by Mr. Sandhu.

Mr. Sandhu's Dispositions were made for business reasons. Mr. Sandhu may in the future wish to increase or decrease his shareholdings in Big Red as circumstances warrant. Such circumstances may include but are not limited to compliance with applicable securities laws and CSE policies, general market and economic conditions, business prospects of Big Red and investment and business opportunities available to Mr. Sandhu.

The head office of Big Red is located at 101 17565 58 Avenue, Surrey, BC V3S 4E3. A copy of Mr. Sandhu's early warning report filed under National Instrument 62-103 may either be obtained under Big Red's profile on www.sedarplus.ca or by contacting Mr. Sandhu at (778) 218-9638.

"Jag Sandhu"

JAG SANDHU