Mr. Jean Rainville reports

FOKUS PROVIDES CORPORATE UPDATE

Fokus Mining Corp. has retained the services of ALS Goldspot to review the results of the spring and summer exploration programs on the Galloway project in order to better define future drill targets on the western portion of the property. This follows its review of the geological models and completion of the historical data for the entire Galloway property that was completed earlier in the calendar year.

Fokus has also recently retained InnovExplo Inc. to review existing data and assess the potential for the Hendrick zone to extend eastward, as well as the potential of the GP and RB mineralized zones at depth. InnovExplo is the independent firm that prepared the first National Instrument 43-101-compliant mineral resource on Galloway (press release dated March 23, 2023).

Jean Rainville, president and chief executive officer, commented, "We strive to optimize the dollars spent on our drilling campaigns, and we believe it is extremely important that independent parties constantly review our geological models and help us better define our drill targets."

In addition, the company highlights the progress made by Mosaic Minerals (MOC.CN), in which Fokus remains a significant shareholder (see Mosaic press release dated Dec. 5, 2023). Mosaic is focused on the exploration of critical elements such as nickel and lithium in the province of Quebec.

In other news (as an update of the press release dated Nov. 29, 2023, in which the company had announced this agreement), Fokus had signed on April 17 a six-month sponsorship agreement with Rocks and Stocks News based in Mexico. The sponsorship program consisted mainly of a video that was prepared under the form of questions and answers, and was posted on its website. The company and the sponsor are unrelated and unaffiliated entities, and the sponsor may purchase securities and/or sell them for investment purposes. The sponsor is not currently a shareholder of the company.

The company has also recently announced (also in the press release dated Nov. 29, 2023), that it has engaged Miami-based Phenom Ventures LLC to execute a sponsorship marketing campaign on Gold Investment Letter website for the company to heighten market awareness and broaden the company's reach in North America through articles in writing in its letter. The company's primary contact with the sponsor is Eric Muschinsk, who has worked between Wall Street and Silicon Valley for almost 30 years in fields from venture capital to every facet of the public capital markets. The company and Phenom are unrelated and unaffiliated entities. In consideration of the services, the company paid in full at the beginning of the contract a fee of $50,000 for a term of one month which began on Nov. 29, 2023. At its sole discretion, the sponsor may purchase and/or sell for investment purposes securities in the company. The sponsor is currently a shareholder of the company.

Qualified person

The scientific and technical disclosure for Fokus included in this news release have been reviewed and approved by Gilles Laverdiere, PGeo. Mr. Laverdiere is a director of the company and a qualified person under National Instrument 43-101 -- Standards of Disclosure of Mineral Projects (NI 43-101).

About Fokus Mining Corp.

Fokus Mining is a mineral resource company actively acquiring and exploring precious-metal deposits located in the province of Quebec, Canada. In undertaking and implementing this major project within the Canadian mining industry, Fokus is determined to unlock the secret of the Galloway gold project.

The Galloway project covers an area of 2,865.54 hectares and is located just north of the Cadillac-Larder Lake deformation, which extends laterally for more than 100 kilometres. Numerous gold deposits are related to that structure and its extensions. The current work focuses on the western portion of the mineral claims where several mineral occurrences have been identified.

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