Mr. Michael Regino reports

TVI ANNOUNCES LATE FILING OF ANNUAL FINANCIAL DISCLOSURE

The filing of TVI Pacific Inc.'s audited annual financial statements, management discussion and analysis, and related chief executive officer and chief financial officer certifications for the financial year ended Dec. 31, 2025, will be delayed beyond the filing deadline of April 30, 2026, and, as a result, the company will be in default of its annual filing obligations under National Instrument 51-102, Continuous Disclosure Obligations, and National Instrument 52-109, Certification of Disclosure in Issuers' Annual and Interim Filings. The delay is due to additional time required by the corporation's external auditor to complete audit procedures and finalize the audit opinion in respect of the corporation's annual financial statements for the year ended Dec. 31, 2025.

The corporation has made an application to the Alberta Securities Commission for a management cease trade order, which would restrict trading by certain members of management, including the chief executive officer and chief financial officer. The MCTO does not generally affect the ability of shareholders who are not insiders of the corporation to trade their securities. There is no certainty that the MCTO will be granted.

The corporation is working expeditiously with its auditor, Davidson & Co. LLP, and the local auditor in the Philippines, PwC Philippines, to complete the audit as soon as possible. TVI plans to remedy the default and file the required filings as soon as it is able to do so and expects such filing to occur on or prior to May 31, 2026. The corporation also intends to satisfy the provisions of the alternative information guidelines of Section 10 of National Policy 12-203, Management Cease Trade Orders, as long as it is in default of the filing requirements.

The corporation confirms that there are no insolvency proceedings against it as of the date of this press release. The corporation also confirms that there is no other material information concerning the affairs of the corporation that has not been generally disclosed as of the date of this press release.

About TVI Pacific Inc.

TVI is a Canadian resource company focused on mining projects in the Philippines. TVI maintains a strong presence in the Philippines through its 30.66-per-cent equity interest in TVIRD, a Philippine corporation.

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