Mr. Tom MacNeill reports

OMINECA MINING AND METALS LTD. REMINDER - RIGHTS OFFERING EXPIRES NOVEMBER 20, 2024

Omineca Mining and Metals Ltd. is reminding holders of the company's outstanding rights of important, upcoming deadlines and details for the rights offering announced on Oct. 9, 2024.

Pursuant to the rights offering shareholders of record on Oct. 15, 2024, received rights. Each right entitles the holder to purchase one-third of one unit of Omineca. Holders must exercise three rights to acquire one unit at a subscription price of four cents per unit. Each unit consists of one common share of the company and one transferable common share purchase warrant, with each full warrant exercisable into one common share at a price of seven cents per share for a period of 36 months from the issue date of the units, subject to early expiry in the event the daily volume-weighted average trading price per common share for any 20 consecutive trading days in which there have been at least 100 common shares traded on the TSX Venture Exchange exceeds 10 cents.

Under the terms of the rights offering, shareholders can oversubscribe for units. If the rights offering is not fully subscribed, those electing to oversubscribe will receive their over subscription on a pro rata basis.

Important details and reminders:

• Rights expire at 5 p.m. Toronto EST time on Nov. 20, 2024;
• You must take action to exercise or sell your rights;
• Rights can be bought or sold publicly on the TSX-V -- symbol OMM.RT;
• Rights will trade for cash same day settlement on the expiry date;
• Three right plus the sum of four cents entitles the holder to subscribe for one unit;
• The rights offering notice and rights offering circular are available at SEDAR+ and on the company's website.

About Omineca Mining and Metals Ltd.

Omineca Mining's flagship Wingdam gold exploration and placer recovery projects are located along the Barkerville Highway 45 kilometres (km) east of the city of Quesnel. The Wingdam property includes mineral tenures totaling over 61,392 hectares (613 square km) and in excess of 15 linear kilometres of placer claims, both encompassing the Lightning Creek valley where topographic conditions created thick layers of overburden, which preserved a large portion of a buried paleochannel containing placer gold-bearing gravels. Omineca also has an exploration and diamond drill program currently under way exploring for the potential multiple hard-rock sources of the placer gold at Wingdam.

We seek Safe Harbor.