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DISTRICT MINES ANNOUNCES BOARD AND MANAGEMENT CHANGES

Vancouver, British Columbia - October 31, 2025 - District Mines Ltd. ("District Mines" or the "Company") (NEX: DIG.H) announces the following management and board changes effective immediately.

Praneeth Goli has resigned as a director and been replaced by Dane Gehke who will also serve as the Company's Chief Executive Officer in place of Anthony Paterson. In addition, Ryan Russel has joined the board of directors.

Mr. Gehrke is an experienced executive recognized for building organizations that scale and sustain growth. He has led teams through complex transitions, consistently delivering stronger operations, improved performance, and long-term value creation.

Mr. Russell is a seasoned entrepreneur with extensive experience in the oil and gas services sector. He has successfully built, acquired, and sold multiple companies, creating value through disciplined operations, strategic growth, and well-executed transactions.

The board wishes Mr. Goli and Mr. Paterson success in their future endeavors.

FOR FURTHER INFORMATION PLEASE CONTACT:

District Mines Ltd.

Tel: (604) 910-1804

info@districtmines.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 release.