Dr. Tony Harwood reports

MONTERO ANNOUNCES QUOTATION ON FRANKFURT STOCK EXCHANGE UNDER THE SYMBOL ES0

Montero Mining and Exploration Ltd.'s common shares can be traded on the Frankfurt Stock Exchange under the symbol ES0, WKN: A417U5 and ISIN: CA6126484022.

With this listing, the company's common shares are quoted for trading on the TSX Venture Exchange, OTCPK and the FSE, providing international exposure to Canadian, U.S. and European investors. Being listed and/or quoted for trading on these three exchanges provides broader access for investors and may also provide additional liquidity for the company's shareholders. In particular, shareholders in Europe have requested that the company seek a listing on the Frankfurt Stock Exchange to facilitate improved access and trading liquidity in the region.

About Montero Mining and Exploration Ltd.

Montero holds a 100-per-cent interest in the Avispa copper-molybdenum project in northern Chile, and has an option to acquire the Elvira and Potrero gold projects in the Maricunga belt. These projects are currently being advanced through exploration. The company's board and management have a proven record in discovery and development of precious and base metal projects.

Montero is a Canadian exploration company with a focus on mineral development in emerging markets. The company recently concluded a $27-million (U.S.) settlement with the government of Tanzania, bringing closure to the dispute over the expropriated Wigu Hill rare earth project. Approximately $15-million of the settlement proceeds were distributed to shareholders in July, 2025.

Montero is listed on the TSX Venture Exchange under the symbol MON and has 8,353,833 common shares and 835,383 stock options outstanding.

We seek Safe Harbor.