File: Attachment Majuba Hill.News Release - consolidation and name change (April 2, 2024) (W0452200x10917F).pdf

*Press Release April 2, 2024

Majuba Hill Copper Announces Name Change and Share Consolidation

VANCOUVER, BC -- April 2, 2024 -- Majuba Hill Copper Corp. (CSE: JUBA | OTC: JUBAF | FWB:4NP) ("Majuba Hill Copper" or the "Company") announces that it is proceeding with a consolidation of its issued and outstanding common shares (the "Shares") on the basis of twenty pre-consolidation Shares for one (1) post consolidation Share (the "Consolidation"). The Company's shareholders approved the Consolidation at the Company's annual general and special meeting held on December 5, 2023.

In connection with the Consolidation, the Company's name will change to "Giant Mining Corp." (the "Name Change") 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 post-Consolidation 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 post- Consolidation Shares will be 37452L108 and the ISIN for the post-Consolidation 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 Corporation, 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

1 shareholders. If shareholders hold their Shares through intermediaries and have questions in this regard, they are encouraged to contact their intermediaries.

About Majuba Hill

Majuba Hill Copper Corp. 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 fueled by the Green New Deal in the US 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, Nevada, USA. Management has been mandated to focus on safe, mining friendly jurisdictions where government regulations are supportive of mining operations.

On Behalf of the Board of Majuba Hill Copper Corp. "David Greenway" David C. Greenway President & CEO

For further information, please contact: Joel Warawa VP of Corporate Communications E: jw@majubahillcopper.com P: 1 (855) 475-0745

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

FORWARD LOOKING STATEMENTS:

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause

2 the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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