Mr. Rick Howes reports

CADILLAC MINES ANNOUNCES APPOINTMENT OF TWO NEW OFFICERS

Cadillac Mines Corp. has appointed Jay Henry as vice-president, people and external affairs, and Philippe MacKay as vice-president, business development, both effective Oct. 19, 2026.

Jay Henry

Mr. Henry has been with Cadillac Mines since September, 2025, serving as director, people and public affairs. In this role, he led the company's people strategy and external stakeholder engagement, supporting Cadillac Mines' commitment to responsible mineral exploration and sustainable community partnerships.

Prior to joining the company, Mr. Henry spent nearly a decade at Alamos Gold Inc., where he most recently served as director, human resources. Based in Toronto, he directed corporate HR functions, talent management and labour relations. Earlier, he was HR manager at Alamos Gold's Island Gold division in Dubreuilville, Ont., where he played a critical role in work force development and employee engagement during a period of operational expansion. Prior to Alamos, Mr. Henry worked with the Aditya Birla Group at AV Terrace Bay as HR manager, overseeing labour relations, and HR processes in the pulp and paper industry. His experience also includes serving as HR manager at Qulliq Energy Corp. in Nunavut, where he managed human resources in a unique Arctic operating environment.

Philippe MacKay

Mr. MacKay was the chief executive officer of Fokus Mining Corp. from October, 2024, to April, 2026, when Cadillac Mines completed its acquisition of Fokus Mining.

Prior to Fokus, Mr. MacKay spent nearly 10 years at the Osisko Group, where he last held the position of mine manager for the Cariboo gold project. In this role, he managed all facets of operations, engineering and permitting, while also fostering strong community relationships. Notably, he successfully developed the project from exploration to the final stage of permitting and development. He earned a diploma in mining engineering from Polytechnique Montreal and an MBA from the Ivey Business School, providing him with a solid blend of technical expertise and business knowledge.

Rick Howes, chief executive officer of Cadillac Mines, stated: "On behalf of the board, I would like to congratulate both Jay and Philippe on their respective appointments. I have had the privilege of working closely with Jay over the course of the last year and he has shown a consistent dedication to meaningful engagement with both internal and external stakeholders. This, combined with his proven leadership abilities, were key drivers in his well-deserved promotion."

Mr. Howes continued: "I was fortunate to get to know Philippe through our diligence and acquisition of Fokus Mining. He has a unique combination of technical mining and capital markets experience, which will add significant value to Cadillac Mines as we continue to advance our exciting portfolio of assets in Ontario and Quebec."

About Cadillac Mines Corp.

Cadillac Mines is a Canadian mineral exploration company advancing a growing portfolio of gold and critical mineral projects along the prolific Cadillac-Larder Lake Break in Ontario and Quebec. Anchored by the historic Kerr-Addison mine, the company is focused on expanding its gold resource base, advancing the Geminid nickel deposit and unlocking the broader potential of its district-scale Abitibi land position. Through disciplined exploration, technical excellence and responsible development, Cadillac Mines is working to create lasting value for shareholders, communities and other stakeholders.