File: '\\swfile\EmailIn\20260821 071241 Attachment Consolidation News Release - 08_21_ 2026 .docx'

Mr. Troy McIntyre reports

International Bethlehem Mining Announces Plan to Grow Shareholder Value

VANCOUVER, BC- August 21th, 2026) -International Bethlehem Mining Corp. ("Bethlehem'' or the "Company") (TSX Venture Exchange: IBC.H), an innovative mining exploration company, is pleased to provide information on its plan to grow shareholder value.

Share Consolidation

To optimize the capital structure of the Company and to attract financing to drive the company forward, the board of directors approved, on July 28, 2026, a share consolidation at a ratio of one post-consolidated share for every ten (10) pre-consolidated shares (the "Share Consolidation"). The Share Consolidation is expected to become effective on August 25, 2026. The new CUSIP number for the Company's common shares following the Share Consolidation will be 459123303. Immediately following the Share Consolidation, the issued capital of the Company will be reduced to 2,889,761 shares outstanding. The proposed share consolidation remains subject to Exchange acceptance.

The transactions contemplated herein are described to transform the capital structure of the Company and position it for growth and shareholder value appreciation.

"On behalf of Bethlehem's board of directors, we are delighted to execute the plan to grow shareholder value, benefitting all our shareholders by reinstating our listing on TSX Venture Exchange and business activity," said Peter Berdusco, CEO.

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.

We seek Safe Harbor.