Mr. David Greenway reports

MAJUBA HILL COPPER ANNOUNCES NAME CHANGE AND SHARE CONSOLIDATION

Majuba Hill Copper Corp. is proceeding with a consolidation of its issued and outstanding common shares on the basis of 20 preconsolidation shares for one postconsolidation share. The company's shareholders approved the consolidation at the company's annual general and special meeting held on Dec. 5, 2023.

In connection with the consolidation, the company's name will change to Giant Mining Corp. and the new symbol under which the shares trade will change to BFG.

As a result of the consolidation, the 68,101,631 shares currently issued and outstanding will be reduced to approximately 3,405,085 shares. No fractional shares will be issued as a result of the consolidation. Any fractional shares resulting from the consolidation will be rounded to the nearest whole share, with any fraction of 0.5 or above rounded up and any fraction of less than 0.5 will be reduced down to the nearest whole share. All outstanding convertible instruments (including options and warrants) will be adjusted on the equivalent ratio of the consolidation.

The company expects its postconsolidation shares to commence trading on the Canadian Securities Exchanges (CSE) under its new name and trading symbol at the open of markets on Thursday, April 4, 2024. The new CUSIP for the postconsolidation shares will be 37452L108 and the ISIN for the postconsolidation shares will be CA37452L1085. The record date is set at Friday, April 5, 2024.

The name change and consolidation were also approved by the board of directors of the company in accordance with the company's governing corporate legislation, the Business Corporations Act (British Columbia), and the company's constating documents.

A letter of transmittal will be mailed to registered shareholders and registered shareholders who will be required to deposit their share certificate(s), together with the duly completed letter of transmittal, with Endeavor Trust Corp., the company's registrar and transfer agent. Non-registered shareholders holding shares through an intermediary (a security broker, dealer, bank or financial institution) should be aware that the intermediary may have different procedures for processing the consolidation than those that will be put in place by the company for registered shareholders. If shareholders hold their shares through intermediaries and have questions in this regard, they are encouraged to contact their intermediaries.

About Majuba Hill Copper Corp.

Majuba Hill Copper is engaged in the identification, review and acquisition of latter-stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fuelled by the Green New Deal in the United States and most other developed nations with similar programs aimed at addressing climate change. Such programs are heavily reliant on silver, gold and especially copper to produce electric vehicles and other renewable power sources, as well as building infrastructure to provide clean and affordable electricity.

The flagship project is the Majuba Hill copper, silver and gold district located 156 miles outside Reno, Nev., U.S. Management has been mandated to focus on safe, mining-friendly jurisdictions where government regulations are supportive of mining operations.

We seek Safe Harbor.