Mr. Mitch Thomas reports

SOLIS MINERALS SEEKS DELISTING FROM TSXV

Solis Minerals Ltd. has applied to the TSX Venture Exchange to voluntarily delist the common shares of the company.

Solis Minerals believes that the company's shares and overall liquidity will benefit from a centralized focus on the Australian Securities Exchange. Additionally, cost and governance efficiencies will be realized through one primary listing.

Instructions regarding the process of converting common shares into CHESS depositary interests, enabling them to be traded on the ASX, may be found below. The delisting is subject to final approval by the TSX-V. The company expects the delisting to occur on or around June 23, 2025.

The company also announces that, in connection with the delisting, it expects to proceed with a redomiciliation of the company to Australia. The redomiciliation will be subject to the approval of the company's shareholders and applicable regulatory approvals. Further details regarding the redomiciliation will be made in a subsequent press release.

Chief executive officer Mitch Thomas commented: "We believe that streamlining our listing structure is in the best interests of all shareholders as it will enhance ASX share liquidity and lower administrative costs associated with maintaining a dual-listing structure between Australia and Canada.

"We welcome existing TSX-V shareholders to convert their shares to CDIs. Instructions on how to do so are included on the following page.

"This change will release more resources to focus on exploration of our highly attractive copper-gold projects in southern Peru. The commencement of drilling last week at Chancho al Palo -- with Ilo Este to follow shortly -- marks the start of a very exciting period of news flow for shareholders."

Instructions for Canadian shareholders to convert their shares into CDIs

Shareholders who wish to trade on the ASX will need to request to convert, on a one-for-one basis, their unrestricted shares held on the Canadian share register into CDIs held in Australia. This can be done in one of the following ways:

• If the shares are held by the shareholder directly on the Canadian share register in: (a) book entry form in the direct registration system; or (b) in certificated form, then the shareholder will need to complete and submit a CDI issuance (Canadian register to Australian CDI register) form to Computershare's global transaction team in Canada accompanied by share certificates (if applicable), to the following address:
• Post: Computershare Investor Services Inc., attention: global transaction team, 100 University Ave., eighth floor, Toronto, Ont., M5J 2Y1, Canada;
• E-mail: ca.globaltransactions@computershare.com;
• The CDI issuance form can be downloaded from the investor centre website:
  • Select printable forms;
  • Select global transaction forms; and
  • Choose register removal request -- Canada to Australia CDIs;
• For shares held through the Canadian Depository for Securities with a broker or other intermediary, the CDS participant will need to initiate a CDS stock withdrawal for the number of shares to be converted into CDIs. At the same time, the CDS participant will complete and submit a Canadian-dollar/Australian-dollar xSettle CDI issuance form to GT Canada, with this matched to the withdrawal of the shares. xSettle is Computershare's secure on-line cross-border instruction portal used by market participants.

Once a valid request is provided to GT Canada, the CDIs will generally be issued in Australia within one of two business days (time zones permitting). No CDI issuance fee will be charged to an individual holder for converting shares into CDIs; however, a cross-border transaction fee may be charged to the holder by any intermediaries (that is, brokers or custodians) which are involved.

About Solis Minerals Ltd.

Solis Minerals is an emerging exploration company, focused on unlocking the potential of its South American copper portfolio. The company is building a significant copper portfolio around its core tenements of Ilo Este and Ilo Norte and elsewhere in the Southern coastal belt of Peru and currently holds 81 concessions totalling 69,200 hectares.

The company is led by a highly credentialled and proven team with excellent experience across the mining life cycle in South America. Solis Minerals is actively considering a range of copper opportunities. South America is a key player in the global export market for copper, and Solis Minerals, under its leadership team, is strategically positioned to capitalize on growth opportunities within this mineral-rich region.

We seek Safe Harbor.