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International Bethlehem cancels Predxion transaction

2026-08-12 15:50 ET - News Release

Subject: IBC.H - News release - Predxion Deal Cancellation Word Document

File: '\\swfile\EmailIn\20260812 121555 Attachment Final IBC Predxion News release - Aug 7 2026.docx'

International Bethlehem Mining Announces Termination of Proposed Predxion Transaction

VANCOUVER, BC- August 12, 2026) -International Bethlehem Mining Corp. ("Bethlehem'' or the "Company") (TSX Venture Exchange: IBC.H), an innovative mining exploration company, is pleased to provide 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 January 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 The Cease Trade Order has subsequently been revoked; however, trading in the Company's securities remains suspended pending completion of the applicable Exchange requirements for reactivation.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 Corp. (IBC.H) is a Vancouver based minerals and metals exploration company that has focused on gold and mineral properties in British Columbia, Canada. As of recent Bethlehem is expanding its attention globally and adding critical metals on its exploration interest.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Investor Relations

Troy McIntyre

Director

Phone: 604-897-7057

Email: troymcintyre70@gmail.com

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