Mr. Brodie Sutherland reports

TOCVAN STRENGTHENS BOARD WITH APPOINTMENT OF ANNA LADD-KRUGER

Tocvan Ventures Corp. has appointed Anna Ladd-Kruger as an independent director to its board of directors, effective immediately. Ms. Ladd-Kruger brings over 25 years of executive leadership in the mining industry, with a proven record in scaling junior exploration companies to mid-tier producers, capital markets engagement and financial management.

Ms. Ladd-Kruger has held key board and executive roles at several prominent mining companies, including current chair of the board and audit chair at Integra Resources Corp. She also served as independent director and audit chair at Silvercrest Metals Inc., and on the special committee that led to its $1.7-billion (U.S.) acquisition by Coeur Mining in February, 2025. Previously, as chief financial officer at McEwen Mining Inc., Excellon Resources Inc. and Trevali Mining Corp., she managed significant financings exceeding $1-billion (U.S.), acquisitions and operational growth, expanding Trevali from a market cap of $50-million to over $1-billion.

Her expertise spans capital markets, debt and equity financing, treasury management, ESG (environmental, social and governance), M&A (mergers and acquisitions), corporate development, and technical mining operations across Canada, Africa, Latin America and the United States. Ms. Ladd-Kruger holds a master in economics from Queen's University and a bachelor of commerce (honours) from the University of British Columbia and is a chartered professional accountant (CPA, CMA). She is also certified in ICDD from the Institute of Corporate Directors and holds a CPA sustainability and ESG professional certificate.

"We are thrilled to welcome Anna to Tocvan's board of directors," said Brodie Sutherland, president and chief executive officer of Tocvan Ventures. "Her deep financial acumen, experience in guiding junior miners through growth phases, and strong focus on governance and ESG will be instrumental as we advance our flagship Gran Pilar and El Picacho gold projects in Sonora, Mexico, toward resource definition and potential production."

Option allocation

The company announces that its board of directors has approved a grant of stock options to Ms. Ladd-Kruger pursuant to the company's stock option plan. A total of 300,000 stock options have been granted to acquire common shares in the capital of the company at an exercise price of $1.18 per share. Of these stock options, a total of 150,000 vest immediately and 150,000 vest 12 months from the grant date. All options issued will expire Jan. 14, 2031. The company has also granted 200,000 stock options to consultants with the same terms listed above.

About Tocvan Ventures Corp.

Tocvan Ventures is a dynamic exploration and development company advancing high-potential gold and silver projects in the mine-friendly jurisdiction of Sonora, Mexico. At its flagship Gran Pilar gold-silver project, Tocvan holds a 100-per-cent interest in over 21 square kilometres of prospective ground, bolstered by the pivotal 2023 land acquisition that provides ample space for scalable mine infrastructure, including a planned 50,000-tonne pilot production facility. The company also maintains a 51-per-cent interest in a one-square-kilometre joint venture area with Colibri Resources, further expanding its footprint. Recent exploration successes, including near surface 3.1 metres at 19.4 grams per tonne gold, underscore Gran Pilar's potential as a premier gold-silver asset. Additionally, Tocvan's 100-per-cent-owned Picacho gold-silver project, located in the prolific Caborca trend -- home to some of Mexico's largest gold deposits -- positions the company for further growth. With robust metallurgical results (up to 99-per-cent gold recovery and 97-per-cent silver recovery) and a strategic capital to bolster growth, Tocvan is poised to deliver significant shareholder value in a market buoyed by record-high gold prices. With approximately 59 million shares outstanding, Tocvan is committed to unlocking the full potential of its assets through innovative exploration, strategic development and investor-focused initiatives.

Mr. Sutherland, chief executive officer for Tocvan Ventures and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this release.

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