Mr. Wayne Hubert reports
EARLY WARNING NEWS RELEASE
Wayne Hubert (the acquiror), care of P.O. Box 48268, Station Bentall
Centre, Vancouver, B.C., V7X 1A2, who is the chief executive officer and a director of Inzinc Mining Ltd., on April 17, 2026, acquired beneficial ownership of five million units
of Inzinc at a price of five cents per unit. Each unit comprises one common share of
Inzinc and one-half of one non-transferable
common share purchase warrant exercisable to purchase an additional common share at a price of 10 cents per share until April 17,
2028.
Prior to the acquisition of the units, the acquiror had ownership or control, directly, over 12,274,000
common shares and stock options of Inzinc entitling the acquiror to acquire 1.4 million common
shares, representing approximately 9.95 per cent of the number of common shares then issued and
outstanding on a non-diluted basis and, assuming exercise of the stock options, approximately 10.96 per cent of the number of common shares then issued and outstanding on a partially diluted basis.
As a result of the acquisition of the units, the acquiror now has ownership or control, directly, over
17,274,000 common shares, stock options of Inzinc entitling the acquiror to acquire 1.4 million common shares and 2.5 million warrants entitling the acquiror to acquire 2.5 million common shares,
representing approximately 12.27 per cent of the number of common shares then issued and outstanding on
a non-diluted basis and, assuming exercise of the stock options and warrants, approximately 14.64 per cent of the number of common shares then issued and outstanding on a partially diluted basis.
The acquiror acquired the units for investment purposes. The acquiror may, depending on market and
other conditions, increase or decrease beneficial ownership or control in the securities of Inzinc or
otherwise deal with such securities in such manner as deemed advisable through market transactions,
private agreements or otherwise.
This news release is being issued in accordance with Multilateral Instrument 62-104, Take-Over Bids
and Issuer Bids, and National Instrument 62-103, The Early Warning System and Related Take-Over
Bid and Insider Reporting Issues. A copy of the early warning report will be filed on Inzinc's SEDAR+
profile.
To obtain a copy of the early warning report filed in respect of this news release, contact Joyce Musial
at 1-604-317-2728.
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