Mr. Akiba Leisman reports

MAKO MINING ANNOUNCES GRADUATION TO TIER 1 STATUS ON THE TSX VENTURE EXCHANGE

Mako Mining Corp. has been approved for graduation to Tier 1 issuer status by the TSX Venture Exchange. Therefore, effective at market open, Tuesday, Jan. 23, 2024, the company's tier classification will change from Tier 2 to Tier 1.

The TSX-V classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial resources. Tier 1 is TSX-V's premier tier and is reserved for the TSX-V's most advanced issuers with the most significant financial resources.

About Mako Mining Corp.

Mako Mining is a publicly listed gold mining, development and exploration company. The company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open-pit gold mines globally. Mako's primary objective is to operate San Albino profitably and finance exploration of prospective targets on its district-scale land package.

We seek Safe Harbor.