Mr. Darrell Rader reports

MINAURUM ANNOUNCES NAME CHANGE TO MINAURUM SILVER INC.

Minaurum Gold Inc. has changed its name from Minaurum Gold Inc. to Minaurum Silver Inc. This name change marks a pivotal milestone in the company's evolution and underscores its commitment to advancing and developing its flagship Alamos silver project in Sonora, Mexico.

"With the company positioned to release its maiden resource estimate on the Alamos silver project in the new year, this rebrand is a natural step that reflects our focus on advancing and growing the project," stated Darrell Rader, president and chief executive officer of Minaurum Silver.

Minaurum's evolution into a silver-focused company is built on the proven legacy of its experienced silver team. The company's founder, Dr. Peter Megaw, is credited with the discovery of Mag Silver Corp.'s Juanicipio mine, one of the most significant silver discoveries of the past two decades. Building on this foundation, Minaurum further strengthened its technical leadership earlier this year with the addition of Silvercrest Metals' resource modelling team, led by Ruben Molina. As senior project manager of the Alamos silver project, Mr. Molina and his team have significantly enhanced Minaurum's ability to advance Alamos to the next stage of growth and value creation.

The name change was approved by the company's board of directors on Nov. 19, 2025. The company's common shares will commence trading under its new name on the TSX Venture Exchange at market open on Dec. 22, 2025.

In connection with the name change, the new Cusip (60253E107) and ISIN (CA60253E1079) have been assigned to the common shares. No action is required to be taken by shareholders with respect to the name change. Outstanding common share and warrant certificates bearing the old name of the company are still valid and are not affected by the name change. The company's stock symbols will remain MGG on the TSX-V and MMRGF on the OTCQX.

Minaurum Silver is an Americas-focused explorer concentrating on the high-grade 100-per-cent-owned, production-permitted Alamos silver project in southern Sonora, Mexico, and the Lone Mountain carbonate replacement deposit project in Nevada, United States. Minaurum is managed by one of the strongest technical and finance teams, and will continue its founders' legacy of creating shareholder value by acquiring and developing a pipeline of Tier 1 precious and base metal projects.

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