Mr. Jim Atkinson reports

BIG RED MINING CORP. CLOSES FLOW-THROUGH PRIVATE PLACEMENT

Further to its news releases dated Oct. 23, 2024, and Dec. 6, 2024, Big Red Mining Corp. has closed its flow-through financing of common shares at 21 cents per share, whereby the company issued a total of 3,605,000 common shares for proceeds of $757,050. The company is paying a cash finder's fee of $52,900 to GloRes Securities Inc. and has issued 192,833 finders' warrants to GloRes Securities and 59,500 finders' warrants to Marquest Asset Management Inc. for services provided to the company as finders with respect to the private placement subscriptions by the private placement placees. Each finder's warrant is exercisable into one common share at a price of 22 cents per share on or before June 9, 2026.

The shares issued pursuant to the private placement, and any shares to be issued on the exercise of the finders' warrants, are restricted from trading until April 10, 2025. The proceeds of the private placement will be used for property exploration.

About Big Red Mining Corp.

Big Red holds an option to acquire a 100-per-cent interest in the Antimony 2.0 property, which is located approximately 25 kilometres west of Fredericton, N.B., and approximately 15 kilometres northeast of the historical Lake George antimony mine. The Lake George antimony mine operated for various periods from the 1860s to 1998 and produced as much as 4 per cent of the world's demand of antimony from 1970 through 1992. The Antimony 2.0 property comprises over 35 square kilometres of relatively unexplored ground with excellent access via provincial and logging roads, and hydro power. Antimony has been detected at highly anomalous levels in soil samples collected on the Antimony 2.0 property by the optionor. Big Red also holds an option to acquire a 100-per-cent interest in the Dobie Lake copper project, which is located approximately 100 km from Sault Ste. Marie, Ont. The Dobie Lake property surrounds and covers extensions of the past-producing Jentina mine and comprises 131 claims totalling 6,500 acres (26 square kilometres).

Big Red's management team possess extensive experience in financing, exploration, development and mining. Big Red intends to conduct exploration campaigns on each of its optioned properties with a goal of finding one or more minable resources.