Mr. Scott Walters reports

MAXUS MINING LISTS ON THE OTCQB VENTURE MARKET

Maxus Mining Inc.'s common shares have begun trading on the OTCQB Venture Market, effective Feb. 17, 2026, under the symbol MXMGF.

The shares trade on the OTCQB under the trading symbol MXMGF. The company's shares will continue to trade on the Canadian Securities Exchange under the symbol MAXM as well as the Frankfurt Stock Exchange under the symbol R7V.

"Listing Maxus on the OTCQB enhances our profile and broadens access for U.S. investors, creating a more seamless pathway for participation in Maxus's expanding exploration story," commented Scott Walters, chief executive officer of Maxus. "We are advancing multiple high-impact initiatives across our portfolio, including the compilation and interpretation of historical data at the silver-rich Quarry project and upcoming airborne geophysical programs across Alturas, Hurley, Lotto and other critical mineral targets."

An application with the Depository Trust & Clearing Corp. is currently pending to further enable the easier electronic clearing and settlement of the company's shares in the United States.

The OTCQB Venture Market is a recognized trading tier designed for developing and entrepreneurial companies across the U.S. and internationally, including those active in resource extraction and mining. Participating issuers are required to maintain timely financial reporting and complete an annual validation and executive certification review. Up-to-the-minute quotes and comprehensive market details are available to investors on the OTC Markets website.

Qualified person statement

The scientific and technical information contained in this news release has been reviewed, verified and approved by Morgan Verge, PGeo, technical adviser of the company, a qualified person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Maxus Mining Inc.

Maxus Mining is a mineral exploration company focused on locating, acquiring and, if warranted, advancing economic mineral properties in premier jurisdictions. The company is actively progressing its diversified portfolio totalling approximately 15,098 hectares of prospective terrain across British Columbia, Canada.

The portfolio includes 8,920 hectares across three antimony projects, anchored by the flagship Alturas antimony project, where a recent discovery returned high-grade naturally occurring antimony up to 69.98 per cent Sb. The Hurley antimony project, located adjacent to Endurance Gold Corp.'s Reliance gold project, where 2024 drilling reported 19.2 per cent Sb and 2.16 grams per tonne gold over 0.5 metre, and the Quarry antimony project, which hosts historical polymetallic samples grading 0.89 g/t Au, 3.8 per cent copper, 0.34 per cent zinc, 42.5 per cent lead, 0.65 g/t silver and 20 per cent Sb.

Maxus's portfolio further includes the 3,054-hectare Lotto tungsten project, where a selected 1980 grab sample from a scheelite-bearing quartz vein assayed 10.97 per cent WO3, and the 3,123-hectare Penny copper project, which has over 100 years of recorded exploration. Recent work programs at Penny included rock sampling and geological mapping with 2017 sampling returning copper values of 1,046 parts per million Cu (TK17-149c), 1,808 ppm Cu (TK17-28) and 2,388 ppm Cu (TK17-12). The project is strategically located near the historic Sullivan mine at Kimberley, B.C., an area that continues to attract significant exploration activity.

Maxus is committed to advancing its B.C. projects through targeted exploration programs designed to unlock value across multiple critical mineral systems.

We seek Safe Harbor.