File: Attachment News Release - Director Changes.pdf

VALENCIA CAPITAL INC.

PRESS RELEASE TSXV: VAL.P FOR IMMEDIATE DISTRIBUTION August 21, 2026

VALENCIA CAPITAL INC. ANNOUNCES DEATH OF DIRECTOR GRAHAM HEAL AND APPOINTMENT OF STEPHEN BROHMAN AS DIRECTOR

Vancouver, British Columbia, Canada Valencia Capital Inc. ("Valencia") announces with great sadness that Graham Heal, a non-executive director, has passed away. Mr. Heal served continuously on Valencia's board since 2020.

Mr. Heal had a business career spanning over 40 years in a number of precious metals trading or power generation ventures in Africa including Director of Africa Development at StoneCrest Managers Inc. (San Jose, CA), Director at StoneCrest Burkina SARL, Managing Director of Out West Investment Guinea SARL, Director of Genmin Resources Pty Ltd. (Zimbabwe) and Infracons Development Corp. (Rwanda).

The company welcomes Mr. Stephen Brohman as a new director. Mr. Brohman is a principal at Donaldson Brohman Martin, CPA Inc. and has over ten years of experience working with private and publicly traded companies, including serving as a director and/or officer. Mr. Brohman holds a Bachelor of Business Administration (BBA) and obtained his CPA, CA (Chartered Professional Accountant) designation while working in public practice.

The current Board of Directors of Valencia is comprised of John D. MacPhail, Brock Daem, and Stephen Brohman.

Valencia is a capital pool company within the meaning of the policies of the TSX Venture Exchange.

About Valencia

Valencia was formed in 2019 as a capital pool company and had its shares listed for trading on the TSX Venture Exchange in August 2020 after completing an initial public offering. Valencia has had no operating business as it reviewed, and continues to review, opportunities for its qualifying transaction under Policy 2.4 of the TSX Venture Exchange.

For further information, please contact:

John MacPhail President, CEO & Director Phone: +34 677 38 41 68