Mr. J. Duane Poliquin reports

AZUCAR ANNOUNCES TSXV APPROVAL OF OPTION AGREEMENT AND MANAGEMENT CHANGES

The TSX Venture Exchange has approved Azucar Minerals Ltd.'s previously announced option/joint venture exploration agreement with Almadex Minerals Ltd., whereby Azucar has the option to acquire a 60-per-cent interest in three of Almadex's wholly owned blocks of claims in Nevada, the Pilot, Confusion Hills and Red Ring prospect (see news release dated May 1, 2025).

The company also announces that Douglas McDonald has resigned from all his roles in the company, including as director and executive vice-president, effective Oct. 2, 2025, but will continue in an advisory role to support related succession initiatives and continuing business activities.

About Azucar Minerals Ltd.

Azucar is an exploration company focused on exploration for porphyry copper and gold exploration targets in Nevada. The company also holds a 100-per-cent interest in the El Cobre copper-gold porphyry project (subject to net smelter return royalty interests) in Mexico.

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