File: '\\swfile\EmailIn\20261026 134043 Attachment Press Release - Lee - VZZ Share Acq GROY (Oct 2026).docx'

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1388-1353-3986, v. 2

PRESS RELEASE

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Val-d'Or, Quebec - October 26, 2026 - Jimmy Lee of Dubai, UAE, reports that on October 23, 2026 he acquired 6,000,000 common shares in the capital of Val-d'Or Mining Corporation (the "Issuer") for cash consideration of $0.075 per common share for total cash consideration of $450,000 (the "Transaction") in connection with the exercise of the remaining balance of an option (the "Option") granted by the vendor to Mr. Lee in accordance with the terms of a Share Purchase Agreement dated July 11, 2025, between Mr. Lee and the vendor (the "Agreement"). As a result of this acquisition, Mr. Lee's securityholding percentage of common shares of the Issuer increased by approximately 5.24%.

Pursuant to the Agreement, the vendor granted Mr. Lee the Option to acquire up to an additional 12,000,000 common shares (the "Optioned Shares") at a price of $0.075 per Optioned Share, subject to the terms and conditions of such Agreement. With the Transaction, Mr. Lee exercised the remaining 6,000,000 Optioned Shares and the Option has been fully exercised. Accordingly, no Optioned Shares remain available for acquisition under the Option.

Immediately before the transaction that triggered the requirement to issue this release, Mr. Lee owned directly an aggregate 21,965,999 common shares of the Issuer representing approximately 19.72% of the Issuer's issued and outstanding common shares.

Immediately after the transaction that triggered the requirement to issue this release, Mr. Lee owns directly an aggregate 27,965,999 common shares of the Issuer representing approximately 24.43% of the Issuer's issued and outstanding common shares.

The securities were acquired for investment purposes by Mr. Lee and he will evaluate his investment in the Issuer and will increase or decrease his investment by future acquisitions or dispositions of securities of the Issuer at his discretion, as circumstances warrant. As of the date hereof, Mr. Lee has no immediate future intention to acquire additional securities of the Issuer, or dispose of securities of the Issuer that he owns.

Mr. Lee is relying on the private agreement exemption contained in Section 4.2 of National Instrument 62-104 - Take-Over Bids and Issuer Bids ("NI 62-104") on the basis that: (i) the purchase of the common shares that are the subject of this disclosure was not made from more than five persons; (ii) the offer to purchase was not made generally to all holders of the class of securities that is the subject of this disclosure; and (iii) the value of the consideration paid for the securities acquired, including brokerage fees or commissions, was not greater than 115% of the market price of the common shares as determined in accordance with Section 1.11 of NI 62-104.

A report respecting this acquisition will be electronically filed with regulators in Alberta, British Columbia, Ontario and Quebec and will be available for viewing through the Internet at the Canadian System for Electronic Document Analysis and Retrieval (SEDAR+) under the Issuer's Issuer Profile at www.sedarplus.ca. To obtain a copy of the report, contact Mr. Lee at jshlee1957@gmail.com.

"Jimmy Lee"

Jimmy Lee