File: Attachment 250826 NR Partial Rev JAX.pdf

JAXON MINING INC.

Suite 1100, 1111 Melville Street, Vancouver, British Columbia, V6E 3V6, Canada

JAXON MINING INC. ANNOUNCES APPLICATION FOR PARTIAL REVOCATION OF CEASE TRADE ORDER

August 26, 2025, Vancouver, BC Jaxon Mining Inc. ("Jaxon" or the "Company) announces that it has filed an application with the British Columbia Securities Commission and the Alberta Securities Commission (the "Commissions") for partial revocation of a failure-to-file cease trade order (the "FFCTO").

The Company applied for a partial revocation order in order to permit the Company to be able to complete a private placement financing (the "Financing") in British Columbia and Alberta of up to 25,000,000 units (the "Units") of the Company at a price of $0.01 per Unit for gross proceeds of up to $250,000. Each Unit consists of one common share and one share purchase warrant exercisable at a price of $0.05 per common share for a period of two years from the date of issuance. For each distribution made pursuant to the Financing, the Company will comply with one or more of, the accredited investor exemption contained in section 2.3 of NI 45-106, and the family, friends, and business associates exemption contained in section 2.5 of NI 45-106, and the Financing will be completed in accordance with all applicable laws.

The Company will use the proceeds of the Financing to resolve outstanding fees, prepare audited financial statements for the financial years ended January 31, 2025 and 2024 and pay all other costs associated with applying for a full revocation of the FFCTO. The Company intends to allocate the proceeds from the Financing as follows:

Description Estimated Amounts ($) Legal Fees 25,000 Accounting and Audit Fees Insurance 105,000 General and Administrative 14,000 Rent 12,000 TSXV Sustaining 2023-2025 9,900 Late, Filing, Participation Fees and other Charges 18,300 2024 AGM Fees 9,930 Transfer Agent and Registrar Fees 10,000 General Unallocated Working Capital 10,000 Total 35,870

250,000

The Company currently has 168,003,652 issued and outstanding common shares. Upon completion of the Financing, the Company will have 193,003,652 issued and outstanding shares.

ON BEHALF OF THE BOARD OF DIRECTORS

JAXON MINING INC.

"John King Burns" John King Burns, Chairman

Corporate & Investor Relations T: 604-424-4488 E: info@jaxonmining.com www.jaxonmining.com Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond The Company's control. Such factors include, among other things: risks and uncertainties relating to The Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, The Company undertakes no obligation to publicly update or revise forward-looking information.