Pursuant to a directors resolution passed on Oct. 24, 2024, Indico Resources Ltd. has consolidated its capital on a one-new-for-10-old basis. The name of the company has not been changed.

Effective at the opening on Friday, Jan. 24, 2025, the common shares of Indico Resources Ltd. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a mining company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 1,131,490 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  IDI.H (unchanged)

Cusip No.:  455937 20 1 (new)