Mr. Craig Rollins reports

DRUMMOND VENTURES ANNOUNCES FILING OF FILING STATEMENT FOR QUALIFYING TRANSACTION

Drummond Ventures Corp. has filed the filing statement dated April 15, 2026, and a technical report on the Comstock mining project in Nevada with an effective date of Nov. 1, 2025, on its SEDAR+ profile in connection with the proposed business combination of Drummond and Toro Silver Corp. (a corporation incorporated under the laws of the Province of British Columbia), as previously described in the press releases of Drummond dated Dec. 31, 2025, and March 20, 2026. The proposed transaction will constitute Drummond's qualifying transaction, as such term is defined in Policy 2.4, Capital Pool Companies, of the TSX Venture Exchange. Upon completion of the proposed transaction, Drummond will be renamed Mackay Gold & Silver Corp. (the resulting issuer) and will commence trading under the symbol MACK.

Drummond and Toro anticipate closing the proposed transaction on or about April 17, 2026. Drummond and Toro anticipate that the resulting issuer will commence trading of its common shares on the exchange on or about April 24, 2026.

Investors are encouraged to review the filing statement and the technical report on SEDAR+, which provides detailed information about the proposed transaction, Drummond, Toro and the resulting issuer, including financial statements of Toro and Drummond and pro forma financial statements of the resulting issuer.

About Drummond Ventures Corp.

Drummond was incorporated under the Business Corporations Act (British Columbia) on March 28, 2018, and is a capital pool company (as such term is defined in Policy 2.4) listed on the exchange. Drummond has no commercial operations and no assets other than cash.

We seek Safe Harbor.