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Vancouver, B.C. – July 20, 2026 - TheNewswire ‐ Forty Pillars Mining Corp. (CSE: PLLR) (the “ Company ” or “ Forty Pillars ”) is pleased to announce that it has adopted the semi-annual financial reporting (" SAR ") framework, effective immediately. This change is being made pursuant to British Columbia Securities Commission Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (" CBO 51-933 ").

CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. Forty Pillars’ fiscal year ends on February 28. Under the provisions of CBO 51-933, the Company will be exempt from the requirements to file Q1 and Q3 financial statements and associated management's discussion and analysis (" MD&A ") for so long as it continues to meet eligibility criteria under CBO 51-933. Accordingly, the Company will not be filing its interim financial statements for the three months ended May 31, 2026, and the associated MD&A. The Company will also not be required to file any interim financial statements and associated MD&A for any subsequent quarters ended May 31 and November 30 in each fiscal year.

This news release is being filed pursuant to Coordinated Blanket Order 51 – 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

About Forty Pillars

Forty Pillars Mining Corp. is a Vancouver, B.C. based mineral exploration company focused on exploring the Silver Dollar Project located in the Greenwood Mining Division, B.C. and the newly acquired Golden Link project located 21km north of Gander, Newfoundland.

FOR FURTHER INFORMATION CONTACT:

Nader Vatanchi

Chief Executive Officer

e: nadervatanchi@hotmail.com

p: 778-881-4631

Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.

This press release contains certain forward-looking statements, including statements regarding the Company being exempt from the requirements to file Q1 and Q3 financial statements; and the Company not filing any interim financial statements and associated MD&A for any subsequent quarters ended May 31 and November 30 in each fiscal year. The words "expects," "anticipates," "believes," "intends," "plans," "will," "may," and similar expressions are intended to identify forward-looking statements. Although the Company believes that its expectations as reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements due to various factors, including, but not limited to, political and regulatory risks in Canada, operational and exploration risks, market conditions, and the availability of financing. Readers are cautioned not to place undue reliance on forward-looking statements, which are made as of the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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