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VANCOUVER – TheNewswire - October 21, 2026 – Evolution Global Frontier Ventures Corp. (“EGFV” or the “Company”) (CSE: EGFV) announces the results of the Company’s Annual General Meeting of Shareholders (“AGM”) held October 19, 2026.

ELECTION OF DIRECTORS AND MANAGEMENT APPOINTMENTS

At the AGM, shareholders elected Carla Bosacki, Christopher Nichols and Paul Haber as directors of the Company, to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. The Board has also appointed the officers named below. The Company will file a Personal Information Form (CSE Form 3) with the Canadian Securities Exchange (the “CSE”) for each new director and officer.

Carla Bosacki – Chief Executive Officer and Director

Carla Bosacki is a Canadian communications and public relations strategist, entrepreneur, and former national television broadcaster with more than 20 years of experience. As Chief Executive Officer of EGFV, she is leading the Company’s strategy to acquire, explore and develop copper-gold assets, beginning with the Quesnel Terrane Property in British Columbia. A trained meteorologist with a degree from Mississippi State University, Ms. Bosacki spent 15 years with Global Television across Canada, developing an ability to communicate complex subjects clearly. After leaving Global Television she provided public relations counsel, media training and executive speechwriting for senior leadership at mining companies including Eldorado Gold, SSR Mining and New Gold. Her experience includes spending time at a New Gold mining operation in northern Ontario. An advocate for women in mining, Ms. Bosacki has worked with the Artemis Project to advance opportunities for qualified women in the industry. As CEO, she is focused on assembling experienced geologists, engineers and capital markets professionals, working with qualified technical contractors, to support EGFV’s next phase of growth.

Christopher Nichols –Independent Director

Mr. Nichols is an executive with more than two decades of senior leadership experience across capital markets, resource financing and technology, and has held executive and board roles with public companies in the United States and Australia. He has advised on financing and strategic initiatives for companies across a range of industries, including mining. His experience spans mining and natural resources, capital markets, investment banking, healthcare, digital media, and information security, and includes managing strategic relationships with multinational technology, telecommunications, and aerospace and defense companies.

Mr. Nichols is a Partner at Silverbear Capital Inc. and Executive Vice President of Business Development at Quantum AI Investment LLC. Silverbear holds a non-exclusive engagement with the Company, dated August 25, 2026, to introduce prospective investors to EGFV. Because of that relationship, Mr. Nichols will serve as a non-independent director. On the Board, he is expected to contribute his experience in capital markets, resource financing and cross-border transactions. Mr. Nichols will disclose his interest in, and abstain from voting on, any matter involving Silverbear, and any such matter will be reviewed and approved by directors who are independent of Silverbear. Any financing involving investors introduced by Silverbear would be conducted through a registered Canadian dealer.

Paul Haber, CPA, CA, C.Dir. – Independent Director

Paul Haber brings more than 20 years of experience in corporate finance, public-company financial reporting, initial public offerings, reverse takeovers and mergers and acquisitions, including roles with Payfare and PwC. Mr. Haber will serve as an independent director and is expected to provide governance and audit oversight as EGFV works to restore trading and advance its exploration strategy.

Keith Nugara – Chief Operating Officer

Keith Nugara is a senior executive and former Interac board member with more than 30 years of executive leadership experience in payments, financial services and enterprise technology.

Most recently he served as Global Vice President at TELUS Health. His earlier senior roles include Scotiabank, BCE Emergis, TELUS and Dye & Durham, where he helped commercialize and scale secure, data-intensive services.

Shakir Hussain – Chief Revenue Officer

Shakir Hussain is an operations and business development executive focused on revenue generation, strategic partnerships and commercial execution. As Chief Revenue Officer, he will develop EGFV’s revenue strategy, commercial relationships and commercialization initiatives.

Olga Balanovskaya, CPA, ACCA – Chief Financial Officer

Olga Balanovskaya is a finance executive with more than 20 years of private and public company experience across financial management, mergers and acquisitions, taxation, financing, audit and reporting. Earlier in her career, she worked in Assurance at MNP LLP.

Other Items Approved at the Meeting

1. Appointment of Auditor – Adam Sung Kim Ltd. was appointed as auditor of the Company for the ensuing year, and the directors were authorized to fix its remuneration.

2. Uplisting / Cross-Listing Authorization – The Board was authorized, at such time as it considers appropriate, to seek to uplist or cross-list the Company’s shares on another exchange or to obtain secondary listings on other exchanges, subject to all applicable regulatory and exchange approvals.

3. Number of Directors – The Board was authorized to determine the number of directors from time to time, within a minimum of three and a maximum of five.

4. Share Consolidation – By special resolution, the Board was authorized to consolidate the Company’s common shares at a ratio of up to one (1) new share for every twenty (20) existing shares, if and when determined by the Board, subject to CSE acceptance.

5. Employee Option and Incentive Pool – By special resolution, shareholders approved an employee option and incentive pool of up to a rolling 10% of the Company’s issued and outstanding shares, subject to CSE acceptance.

BUILDING EGFV’S NEXT PHASE

EGFV holds an option to acquire a 100% interest in the Quesnel Terrane Property, which comprises four mining claims totalling approximately 5,071 hectares in the Omineca Mining Division of north-central British Columbia. The property is at an early exploration stage, and no mineral resource or mineral reserve has been estimated on the property. As previously disclosed, required property payments under the option agreement had not been made as at June 30, 2026, and the Company is negotiating with the property owner to extend the payment timelines. There is no assurance that an extension will be agreed.

The Company intends to use AI-assisted targeting and data-reconciliation tools, procured from specialist third-party contractors, as one input to early-stage exploration on the property. EGFV does not develop, license or sell technology, and has not entered into an agreement with any technology provider. Any such outputs will be used for decision support only, will be reviewed by a Qualified Person to be appointed by the Company, and will not replace qualified geological interpretation or work under National Instrument 43-101.

The Company’s common shares remain suspended from trading on the CSE. The Company is working to satisfy outstanding CSE requirements and will provide updates as appropriate. There is no assurance that trading will resume, or as to the timing of any resumption.

MANAGEMENT RESIGNATION

The Company also announces the resignation of Derrick Gaon from his positions as President and Corporate Secretary, effective September 30, 2026. Mr. Gaon was appointed to both offices in January 2026. The Company thanks him for his service and contributions.

ABOUT EVOLUTION GLOBAL FRONTIER VENTURES CORP.

Evolution Global Frontier Ventures Corp. is a Canadian mineral exploration and asset company focused on acquiring, exploring and developing copper-gold assets. The Company holds an option on the Quesnel Terrane Property in north-central British Columbia and is evaluating additional mineral property and equity opportunities. EGFV intends to use technology procured from third parties, including AI-assisted targeting, as an exploration method; it does not develop, license or sell technology.

For further information, please contact:

Evolution Global Frontier Ventures Corp.
Carla Bosacki, Chief Executive Officer
Email: carla@egfv.ca
FORWARD-LOOKING INFORMATION

This news release contains forward-looking information within the meaning of applicable Canadian securities legislation, including statements regarding the Company’s business strategy; exploration plans for the Quesnel Terrane Property and the intended use of third-party technology; the extension of option payment timelines; the possible exercise of the authorities approved at the AGM, including any share consolidation, uplisting or cross-listing, and the option and incentive pool; and the resumption of trading. Forward-looking information is based on assumptions including the receipt of corporate, regulatory and CSE approvals, access to financing and technical resources, the ability to retain personnel and technical contractors, and continued rights to the Quesnel Terrane Property. Risks include financing shortfalls, dilution, illiquidity of equity interests, exploration uncertainty, failure to agree an extension of option payments and the resulting loss of the Company’s interest in the property, dependence on third-party contractors, regulatory delays, potential conflicts of interest, and the possibility that trading does not resume. No mineral resource or reserve has been established on the Quesnel Terrane Property.

Readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update it except as required by applicable securities laws.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and does not accept responsibility for its adequacy or accuracy.

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