Mr. Akiba Leisman reports

MAKO MINING RECEIVES APPROVAL TO LIST ON NASDAQ

Mako Mining Corp. has received approval to list its common shares on The Nasdaq Capital Market LLC. Trading is expected to commence on Nasdaq at the open of trading on March 30, 2026, under the symbol MAKO. Concurrently with the listing, the shares will cease to be quoted on the OTCQX Best Market but will continue to trade on the TSX Venture Exchange under the existing symbol MKO.

Akiba Leisman, chief executive officer of Mako, states: "Joining the Nasdaq marks a significant milestone for Mako. The listing will both elevate our profile in the United States and provide greater visibility and exposure to a broader institutional and retail investor base. We expect additional increases in our trading liquidity, which enhances the company's ability to be index eligible, and provides for a stronger currency when looking at additional acquisition opportunities."

Existing shareholders will be able to trade the shares on Nasdaq following completion of the listing. The company's listing on Nasdaq remains subject to the declaration of effectiveness of the company's Form 40-F registration statement registering the shares with the United States Securities and Exchange Commission (the SEC).

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 and offers district-scale exploration potential. Mako also owns two assets in the United States: the Moss mine in Arizona, an open pit gold mine in northwestern Arizona and the Mt. Hamilton project, a fully permitted heap leach project in Nevada. Mako also holds a 100-per-cent interest in the preliminary-economic-assessment-stage Eagle Mountain project in Guyana, South America. Eagle Mountain is the subject of engineering, environmental and mine permitting activity.

We seek Safe Harbor.