Mr. Max Porterfield reports

VISIONARY ANNOUNCES THE QUATERNARY GROUP LIMITED AS A NEW 10% SHAREHOLDER

The Quaternary Group Ltd., a British Virgin Islands company controlled by Ross Jennings, has become a significant shareholder of Visionary Copper and Gold Mines Inc., holding approximately 10.36 per cent of the issued and outstanding common shares of Visionary on a partially diluted basis.

Max Porterfield, president and chief executive officer of Visionary, commented: "I'm very pleased to welcome The Quaternary Group as a significant strategic shareholder of Visionary. Ross Jennings and The Quaternary Group have a well-earned reputation for backing high-conviction critical minerals stories with patient, long-term capital, and I view their increased commitment as a strong endorsement of our flagship Point Leamington gold-copper-zinc-silver deposit and the broader portfolio we are advancing across Newfoundland, Manitoba and New Brunswick. I'm very grateful for the support The Quaternary Group has provided the company as we continue to unlock value for all shareholders."

Mr. Jennings of The Quaternary Group commented: "Visionary Copper and Gold Mines offers a rare combination of scale, grade and jurisdiction at an extremely attractive valuation. The Point Leamington deposit sits in one of the richest VMS and gold districts in Canada, and benefits from an experienced management team with a clear path to value creation. We are pleased to increase our position in Visionary and look forward to supporting the company's growth as it advances its portfolio of base and precious metals projects in established Canadian mining jurisdictions."

On May 7, 2026, The Quaternary Group acquired an additional 100,000 common shares of the company at a price of 72 cents per share for total consideration of $72,000, through the facilities of the TSX Venture Exchange. Following the acquisition, The Quaternary Group beneficially owns, directly or indirectly, 1,774,834 common shares and 666,667 share purchase warrants of Visionary, representing approximately 7.75 per cent of the issued and outstanding common shares on a non-diluted basis and, assuming the exercise of the warrants, approximately 10.36 per cent of the issued and outstanding common shares on a partially diluted basis.

Immediately prior to the acquisition, The Quaternary Group beneficially owned 1,674,834 common shares and 666,667 warrants, representing approximately 7.31 per cent of the issued and outstanding common shares on a non-diluted basis and approximately 9.93 per cent on a partially diluted basis. Each warrant is exercisable at $1.10 per common share until Dec. 18, 2027.

The Quaternary Group has reported that the securities are held for investment purposes. Depending on market and other conditions or as future circumstances may dictate, The Quaternary Group may, from time to time, acquire additional securities of the company, dispose of some or all of its existing or additional securities, or continue to hold the securities currently held. The Quaternary Group currently has no other plans or intentions of the type contemplated by Item 5 of Form 62-103F1.

Early warning disclosure

This news release is being issued in part to satisfy the requirements of National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting Issues). Mr. Jennings, through The Quaternary Group, filed an early warning report in respect of the acquisition dated May 11, 2026. A copy of the early warning report will be filed on the company's profile on SEDAR+ and may also be obtained by contacting The Quaternary Group.

The Quaternary Group is a British Virgin Islands company with an address care of 26 Queen Astrid Park, Singapore, 266831.

About The Quaternary Group Ltd.

The Quaternary Group is a family office controlled by Mr. Jennings. The Quaternary Group invests with a long-term, strategic perspective in resource and critical mineral companies positioned to play a meaningful role in the global energy transition. The Quaternary Group is also a significant shareholder of other publicly listed Canadian resource issuers.

About Visionary Copper and Gold Mines Inc.

Visionary Copper and Gold Mines is advancing its portfolio of base and precious metal rich deposits located in established Canadian mining jurisdictions. The focus of the portfolio is highlighted by the 100-per-cent-owned Point Leamington deposit in Newfoundland, located in one of the richest volcanogenic massive sulphide and gold districts in Canada. The company prepared a pit-constrained indicated mineral resource of 5.0 million tonnes grading 2.5 grams per tonne gold equivalent for 402,000 ounces AuEq (145,700 oz gold, 60.0 million pounds copper, 153.5 Mlb zinc, 2.0 million ounces silver and 1.5 Mlb lead), a pit-constrained inferred mineral resource of 13.7 Mt grading 2.24 g/t AuEq for 986,500 oz AuEq (354,800 oz gold, 110.2 Mlb copper, 527.3 Mlb zinc, 6.2 Moz silver and 7.0 Mlb lead) and an out-of-pit inferred mineral resource of 1.7 Mt grading 3.06 g/t AuEq for 168,500 oz AuEq (65,400 oz gold, 13.3 Mlb copper, 102.9 Mlb zinc, 1.4 Moz Ag and 2.6 Mlb lead) (see news release dated Oct. 25, 2021). Additionally, the company is permitting the Rainbow deposit at its rich VMS Pine Bay project located near existing infrastructure in the Flin Flon mining district. The company prepared an indicated mineral resource on the Rainbow deposit of 3.44 Mt grading 3.59 per cent copper equivalent for 272.4 Mlb CuEq (238.3 Mlb Cu, 56.9 Mlb Zn, 37,600 oz Au, 692,800 oz Ag and 2.3 Mlb Pb), an inferred mineral resource on the Rainbow deposit of 1.28 Mt grading 2.95 per cent CuEq containing 83.4 Mlb CuEq (72.1 Mlb Cu, 19.5 Mlb Zn, 11,100 oz Au, 222,200 oz Ag and 800,000 pounds Pb) and an inferred mineral resource at the Pine Bay deposit of 1.0 Mt grading 2.62 per cent Cu containing 58.1 Mlb Cu (see news release dated July 10, 2023). Additionally, the portfolio includes the Nash Creek project located in the VMS rich Bathurst mining district of New Brunswick. A 2018 preliminary economic assessment generates a strong economic return with a pretax internal rate of return of 34.1 per cent (25.2 per cent posttax) and net present value discounted at 8 per cent of $230-million ($128-million posttax) at $1.25 zinc (see news release dated May 14, 2018).

We seek Safe Harbor.