File: '\\swfile\EmailIn\20250328 131747 Attachment 2025.03.28 NR 25-01 Till Capital Corporation Notice to Shareholders.docx'

NEWS RELEASE

TSXV: TIL

March 28, 2025

NR 25-01

TILL CAPITAL CORPORATION NOTICE TO SHAREHOLDERS

REGARDING UNITED STATES BROKER REPORTING

OF THE APRIL 3, 2024 RETURN OF CAPITAL DISTRIBUTION

Vancouver, British Columbia, Canada, March 28, 2025: Till Capital Corporation (TSXV:TIL) ("Till") notifies Till shareholders who received the US$1.50 per share Return of Capital Distribution paid on April 10, 2024 (the "Distribution") that multiple US Brokerage Firms reported the Distribution incorrectly as Qualified Dividends in Box 1(a) and Box 1(b) on the 1099 Consolidated Tax Statement. The Distribution should be reported in Box 3 Non-Dividend Distributions.

Till shareholders who receive an incorrect Form 1099 must contact their financial institution and request a corrected Form 1099. Please refer to the Till News Releases dated March 26 and March 27, 2024 for details regarding the Distribution.

Reported by:

Brian P. Lupien

Chief Executive Officer

Till Capital Corporation

Till Capital Corporation

Till Capital Corporation, through its wholly owned U.S. subsidiary, owns 106,555 common shares of Osisko Development Corp. (TSXV: ODV). Till is also a partial owner of IG Tintic LLC, a private company which owns a 1% net smelter return royalty on the East Tintic Mining District near Eureka, Utah. Till Capital Corporation is also the majority shareholder of Silver Predator Corp. (TSXV: SPD) and owns various mineral royalties.

For additional information:

Till Capital Corporation

208-635-5415

info@tillcap.com

Cautionary Note

At this time, Till has no current plans to provide earnings guidance due to the volatility of investment returns.

The Till shares are restricted voting shares, whereby no single shareholder of Till is able to exercise voting rights for more than 9.9% of the voting rights of the total issued and outstanding Till shares (the "9.9% Restriction"). However, if any one shareholder of Till beneficially owns, or exercises control or direction over, more than 50% of the issued and outstanding Till shares, the 9.9% Restriction will cease to apply to the Till shares.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of Till or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Trading in the securities of Till should be considered speculative.

Cautionary Statement Regarding Forward Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Till will obtain from them. In particular, Till cautions that the completion of the proposed transactions cannot be predicted with certainty, and that there can be no assurance at this time that the proposed transactions will be completed in the manner noted above or at all. These forward-looking statements reflect management's current views and are based on certain expectations, estimates, and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause Till's actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond Till's control. Till does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

On behalf of Till Capital Corporation

Brian P. Lupien

Chief Executive Officer

For additional information:

Till Capital Corporation

208-635-5415

info@tillcap.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.