File: '\\swfile\EmailIn\20250711 130046 Attachment 20250711_CRIV_NR_Warrant Extension_FINAL.docx'

Suite 820-1130 West Pender Street

Vancouver, BC V6E 4A4

Tel : 888 909-5548

Fax : 888 909-1033

Trading Symbol: CRIV

NEWS RELEASE

CARSON RIVER NOT PROCEEDING WITH EXTENSION OF WARRANTS

Vancouver, BC, July 11, 2025 - Carson River Ventures Corp. ("Carson River" or the "Company") (CSE: CRIV) announces that it is not proceeding with the proposed amendment to extend the expiry date of 4,800,001 outstanding common share purchase warrants (the "Warrants") as reported in its news release issued on July 9, 2025. As a result, all terms of the Warrants will remain unchanged. A total of 2,075,000 of the Warrants issued on August 12, 2022, will expire August 12, 2025, and a total of 2,725,001 of the Warrants issued on August 1, 2023 will expire August 1, 2025.

FOR FURTHER INFORMATION PLEASE CONTACT:

Jeffrey Cocks, CEO & Director

Tel: 778-839-2909

Fax: 888-909-1033

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) has reviewed, approved or accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations or activities of Carson River, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, including, in respect of the forward-looking information included in this press release. Although forward-looking information is based on the reasonable assumptions of the Company's management, there can be no assurance that any forward-looking information will prove to be accurate. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.