Mr. Troy McIntyre reports

INTERNATIONAL BETHLEHEM MINING ANNOUNCES TERMINATION OF PROPOSED PREDXION TRANSACTION

International Bethlehem Mining Corp. has provided the following update.

Termination of proposed Predxion transaction

The company announces that the previously proposed transaction with Predxion Inc. has terminated. The non-binding letter of intent between the parties was entered into effective Jan. 9, 2026, and provided for a 90-day exclusivity period. In accordance with the terms of the letter of intent, it terminated upon expiry of that exclusivity period on April 9, 2026.

No definitive agreement was entered into in connection with the proposed transaction. No funds were advanced or exchanged between the parties, and there are no residual liabilities or guarantees of the company arising from the proposed transaction.

Cease trade order and trading suspension

Trading in the company's securities was suspended due to a cease trade order issued by the British Columbia Securities Commission on May 6, 2025. The cease trade order has subsequently been revoked; however, trading in the company's securities remains suspended pending completion of the applicable exchange requirements for reactivation.

About International Bethlehem Mining Corp.

International Bethlehem Mining is a Vancouver-based minerals and metals exploration company that has focused on gold and mineral properties in British Columbia, Canada. Recently, Bethlehem is expanding its attention globally and adding critical metals on its exploration interest.