Mr. Max Porterfield reports

VISIONARY ANNOUNCES INCREASED OWNERSHIP POSITION BY THE QUATERNARY GROUP LIMITED FOLLOWING FULL WARRANT EXERCISE

The Quaternary Group Ltd., a British Virgin Islands company controlled by Ross Jennings, has further increased its ownership position in Visionary Copper and Gold Mines Inc. through additional open-market purchases and the full exercise of all of its previously held share purchase warrants of the company. Following these transactions, The Quaternary Group beneficially owns, directly or indirectly, 2,650,301 common shares of Visionary, representing approximately 11.24 per cent of the issued and outstanding common shares of the company on both a non-diluted and partially diluted basis.

Max Porterfield, president and chief executive officer of Visionary, commented: "I'm very pleased to see The Quaternary Group continue to increase its commitment to Visionary, including the full exercise of their warrants. The additional capital from the warrant exercise further strengthens our treasury and supports our ongoing work at the Point Leamington deposit and across our broader portfolio. The Quaternary Group's deepening investment is a strong endorsement of our team, assets and vision. I'm very grateful for their continued support."

Subsequent to the company's news release dated May 14, 2026, the Quaternary Group acquired an additional 208,800 common shares of the company through the facilities of the TSX Venture Exchange. In addition, The Quaternary Group has exercised in full all 666,667 of its previously held share purchase warrants of the company at an exercise price of $1.10 per common share, providing the company with additional gross proceeds of approximately $733,334. The company intends to use the proceeds from the warrant exercise for general working capital and to advance its portfolio of base and precious metal projects, including the 100-per-cent-owned Point Leamington deposit in central Newfoundland.

Immediately prior to these transactions, The Quaternary Group beneficially owned 1,774,834 common shares and 666,667 warrants, representing approximately 7.75 per cent of the issued and outstanding common shares of the company on a non-diluted basis and approximately 10.36 per cent on a partially diluted basis. Immediately following the open-market purchases and the full exercise of the warrants, The Quaternary Group beneficially owns 2,650,301 common shares and no warrants or other convertible securities of the company, representing approximately 11.24 per cent of the issued and outstanding common shares of the company on both a non-diluted and partially diluted basis.

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 exercise of warrants. 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.

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.

Investor relations engagement

The company also announces that it has increased its budget for market services with Milestone Capital Partners from $50,000 to $200,000. Accordingly, the company and MCP have entered into an amended and restated consulting service agreement for marketing services, including editorial and newsletter marketing and investor introductions, for a period of up to 12 months. In consideration of the services, the company will pay an additional one-time fee of $150,000 on acceptance of the TSX Venture Exchange. Either party may terminate this agreement with 14 days written notice.

MCP is an entity controlled by Christian Klingebiel. MCP and Mr. Klingebiel are arm's length to the company. Except for the stock options previously granted to MCP, neither MCP nor Mr. Klingebiel have a direct interest in the company or its securities, or any right or intent to acquire such an interest at this time. There are no performance factors contained in the agreement.

The company also announces that it has increased its budget for marketing services with Delray Capital Markets Group from $50,000 to $150,000. Accordingly, the company and Delray have entered into an amended and restated consulting service agreement for investor outreach, market awareness initiatives and strategic capital marketing advisory services for a period of up to 12 months. In consideration of the services, the company will pay an additional one-time fee of $100,000 on acceptance of the TSX Venture Exchange. The company may terminate the agreement at any time.

Delray is an entity controlled by Rodney Raanan. Delray and Mr. Raanan are arm's length to the company. Except for the stock options previously granted to Delray, neither Delray nor Mr. Raanan have a direct interest in the company or its securities or any right or intent to acquire such an interest at this time. There are no performance factors contained in the agreement.

The company also announces it has entered into an agreement with Market One Media Group Inc. for a 12-month marketing campaign at a cost of $150,000. The engagement includes the production and distribution of corporate videos and editorial articles. Market One, which operates out of Vancouver and Toronto, offers multiplatform media solutions for the capital markets, distributing content through broadcast, digital and social media channels, including BNN Bloomberg. Market One and the company are not related parties.

The company will not issue any securities to Market One as compensation for its services. To the company's knowledge, as of the date hereof, Market One (including its directors and officers) does not own any securities of the company and is arm's length to the company.

The company also announces it has entered into an agreement with Euroswiss Capital Partners Inc. for a seven-month marketing campaign at a cost of $60,000. The engagement includes the development of communication plans aimed at increasing investor awareness of the company. Euroswiss is a reputable capital market advisory firm headquartered in Lucerne, Switzerland, and offers a unique investor and public relations program tailored to the specific requirements of small- and micro-capitalization companies. The company and Euroswiss are not related parties.

The company will not issue any securities to Euroswiss as compensation for its services. To the company's knowledge, as of the date hereof, Euroswiss (including its directors and officers) does not own any securities of the company and is arm's length to the company.

The above noted investor relations agreements are subject to acceptance of the TSX Venture Exchange.

About Visionary Copper and Gold Mines Inc.

Visionary Copper 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 CuEq 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 lb 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.