Mr. Jason Kosec reports

CARCETTI ANNOUNCES CONDITIONAL ACCEPTANCE OF REVERSE TAKEOVER AND FILING STATEMENT

Carcetti Capital Corp. has received conditional acceptance from the TSX Venture Exchange for its previously announced acquisition of the 100-per-cent interest in the Hemlo gold mine in Ontario, Canada, from certain wholly owned subsidiaries of Barrick Mining Corp. The transaction has been deemed to constitute a reverse takeover pursuant to TSX-V Policy 5.2 -- Changes of Business and Reverse Takeovers.

In connection with the transaction, the company has filed its filing statement dated Nov. 21, 2025, under its SEDAR+ profile. Investors are encouraged to review the filing statement for full details of the transaction.

Subject to the satisfaction of the remaining customary closing conditions, the transaction is scheduled to close on or about Nov. 26, 2025. In connection with the transaction, the company intends to change its name to Hemlo Mining Corp. and continue to be listed on the TSX-V as a Tier 1 mining issuer under the new trading symbol HMMC. For more information regarding the transaction, please see the company's news releases dated Sept. 10, 2025, Oct. 1, 2025, Oct. 7, 2025, Oct. 27, 2025, Oct. 30, 2025, and Nov. 6, 2025.

We seek Safe Harbor.