Ms. Andrea Aranguren reports

MINEHUB ANNOUNCES CLOSING OF FINAL TRANCHE OF LIFE OFFERING

MineHub Technologies Inc. has closed the second and final tranche of its previously announced private placement of units of the company. The offering was completed by ATB Securities Inc. acting as the lead agent and sole bookrunner, on a best efforts agency basis, together with Haywood Securities Inc. Pursuant to the offering, on Dec. 10, 2025, the company issued 7,063,684 units at a price of 95 cents per unit for aggregate proceeds of $6,710,499.80, which includes the full exercise of the agents' option. Today, the company completed the second tranche of the offering, comprising 526,316 units for aggregate gross proceeds of $500,000.20. Total proceeds for the offering for both tranches was $7,210,500.

Each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant of the company. Each warrant is exercisable to acquire one common share at an exercise price of $1.35 per warrant share until Dec. 10, 2027.

The offering was completed on a private placement basis: (i) in reliance on the listed issuer financing exemption from the prospectus requirements available under Part 5A.2 of National Instrument 45-106, Prospectus Exemptions, as modified by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, in each of the provinces and territories of Canada; (ii) in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended; and (iii) in such other jurisdictions other than Canada and the United States pursuant to relevant prospectus or registration exemptions in accordance with applicable laws. In accordance with the LIFE (listed issuer financing exemption), the securities issued pursuant to the offering are not subject to a hold period pursuant to applicable Canadian securities laws.

The company intends to use the net proceeds from the offering for working capital and general corporate purposes. The offering is subject to the company's remaining filing requirements with the TSX Venture Exchange.

In connection with the closing of the offering, the company issued the agents 489,619 compensation options exercisable to acquire common shares at the offering price until Dec. 10, 2027. The compensation options are subject to a four-month-and-one-day hold period, which will expire on April 11, 2026. The agents also received cash commissions of $425,713 and fees of $39,500.

About MineHub Technologies Inc.

MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.

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