Ms. Trish Olynyk reports

KAYMUS RESOURCES ANNOUNCES UP TO 10-FOR-1 SHARE CONSOLIDATION

Kaymus Resources Inc. intends to effect a share consolidation of its issued and outstanding common shares on the basis of up to 10 preconsolidation common shares for one postconsolidation common share. The company currently has 23,153,285 preconsolidation common shares issued and outstanding. Following the completion of the consolidation, it is anticipated that the company will have approximately 2,315,328 postconsolidation common shares issued and outstanding, assuming a consolidation on a 10-for-one basis.

The consolidation is subject to receipt of approval from the NEX board of the TSX Venture Exchange and approval of the shareholder resolution at the upcoming annual and special meeting of shareholders of the company to be held on May 22, 2026, which grants the board the discretion to determine if and when to effect the consolidation and at what consolidation ratio.

The name of the company will not change in connection with the consolidation. Further details regarding the consolidation are contained in the company's management information circular dated April 10, 2026, a copy of which is available under the company's profile on SEDAR+.

We seek Safe Harbor.