Mr. Warwick Smith reports

AMERICAN PACIFIC ANNOUNCES SHARE PAYMENTS TO THREE FORMER EMPLOYEES

Pursuant to the terms of employment with three former employees, American Pacific Mining Corp. will issue an aggregate of 1,281,722 common shares in the capital of the company at a deemed price of 17.5 cents per common share to such former employees on or about Jan. 5, 2026, subject to receipt of all applicable regulatory approvals, in full satisfaction of employment-related liabilities totalling $224,301.35. The employee issuance is expected to close on or about Jan. 5, 2026.

About American Pacific Mining Corp.

American Pacific is a precious and base metal explorer and developer focused on opportunities in the western United States. The company's flagship asset is the 100-per-cent-owned past-producing Madison copper-gold project in Montana. For the Madison transaction, American Pacific was selected as a finalist in both 2021 and 2022 for deal of the year at the S&P Global Platts Metals Awards, an annual program that recognizes exemplary accomplishments in 16 performance categories. Through a 2025 transaction with Vizsla Copper, American Pacific has established a major equity position and secured $15-million in aggregate milestone upside exposure to the advanced-exploration-stage Palmer copper-zinc volcanogenic massive sulphide project in Alaska. Also, in American Pacific's portfolio are several high-grade, precious metal projects located in key mining districts in Nevada, on which the company intends to transact. The company's mission is to provide shareholders discovery and exploration upside exposure across its portfolio through partnerships, spinouts and direct exploration.

American Pacific is incorporated pursuant to the laws of British Columbia.

We seek Safe Harbor.