Mr. Nick DeMare reports

EAST WEST ANNOUNCES EFFECTIVE DATE FOR NAME CHANGE AND CONSOLIDATION

Further to East West Minerals Ltd.'s news releases of Sept. 17, 2025, and Oct. 2, 2025, the name change from East West Petroleum Corp. to East West Minerals Ltd. and consolidation of its common shares on a one-for-10 basis have now been effected.

Effective at the opening of markets on Oct. 6, 2025, the company commenced trading of its common shares on the TSX Venture Exchange under the new name: East West Minerals Ltd. The company's stock symbol remains unchanged.

Following the consolidation, approximately 9,048,566 shares are issued and outstanding. The new Cusip number for the postconsolidation shares is 27580W100 and the new ISIN (international securities identification number) is CA27580W1005.

Registered shareholders who hold physical share certificates will receive a letter of transmittal requesting they forward preconsolidation share certificates to the company's transfer agent, Computershare Investor Services Inc. in exchange for new share certificates representing shares on a postconsolidation basis. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their own name will not be required to complete a letter of transmittal.

No fractional shares are being issued in connection with the consolidation. In the event a holder of shares would have otherwise been entitled to receive a fractional share in connection with the consolidation, such fractional share is being cancelled if it is less than one-half of a share and is being changed to one whole share if that fractional share is equal to or greater than one-half of a share.