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* denotes a Personal Law Corporation

TUPPER JONSSON & YEADON

BARRISTERS & SOLICITORS

An Association of Lawyers and law corporations

CARL R. JONSSON* LEE S. TUPPER* 1710 - 1177 West hastings street

GLENN R. YEADON* Vancouver, b.c., canada

JEFFREY T. K. FRASER* V6E 2L3

Tel: (604) 683-9262 Local 118

Direct Line: (604) 640-6355

Fax: (604) 681-0139

Email yeadon@securitieslaw.bc.ca

REPLY ATTENTION OF: GLENN R. YEADON

OUR FILE: 46510

August 1, 2025 BY EMAIL

Canada Stockwatch

Vancouver, B.C.

By Email: to news@stockwatch.com

Market News Publishing, Inc.

Vancouver, B.C.

By Email: to news@baystreet.com

Dear Sirs:

RE: BONANZA MINING CORPORATION

We are the solicitors for the above-mentioned company, and are enclosing a copy of its News Release of even date, which we would ask that you disseminate pursuant to the TSX Venture Exchange's requirements, as well as for distribution in the normal fashion. (Please note that we will be handling the SEDAR+ filing of this News Release.)

Yours very truly,

TUPPER JONSSON & YEADON

"Glenn R. Yeadon"

Glenn R. Yeadon

GRY/ss

Enclosure

c: Bonanza Mining Corporation - via email to daytonmarks@hotmail.com

Attention: Dayton Marks

Chris Graf (by email) to cgraf@spectrummining.com

Drew Burgess (by email) to asburg100@gmail.com

TSX Venture Exchange - via SEDAR+

British Columbia Securities Commission - via SEDAR+

Alberta Securities Commission - via SEDAR+

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Bonanza Mining Corporation

Suite 1710 - 1177 West Hastings Street

Vancouver, B.C.

V6E 2L3

Trading Symbol: TSX-V: BNZ Telephone: 778-347-2500 Email: Dayton.Marks@MarksCapital.ca Website: www.bonanzamining.com

Bonanza Mining Corporation Announces Corporate Changes

August 1, 2025 - Vancouver, British Columbia: Bonanza Mining Corporation ("Bonanza" or the "Company") (TSX-V: BNZ) announces that Chris Graf has resigned as a Director and as the Vice-President of the Company. Bonanza thanks Mr. Graf for his service to the Company and wishes him well in his future endeavours.

For further information, please contact:

Bonanza Mining Corporation

Suite 1710 - 1177 West Hastings Street

Vancouver, B.C. V6E 2L3

Attention: Dayton Marks, President, CEO and Director

Tel: 778-347-2500

Email: Dayton.Marks@MarksCapital.ca

or

Drew Burgess, Director

Tel: 403-383-8254

Email: asburg100@gmail.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.