Mr. Max Porterfield reports

VISIONARY COPPER AND GOLD MINES INC. CLOSES ACQUISITION OF MINERAL LICENSES

Visionary Copper and Gold Mines Inc. has closed the acquisition of a 100-per-cent interest in three mineral licences, located along the downplunge trend of the Pt. Leamington VMS (volcanogenic massive sulphide) deposit, located in central Newfoundland.

Under the terms of the mineral property purchase agreement with Stephen Stockley Agriculture and Fabrication Inc., the vendor sold three mineral licences to Visionary and, in consideration of which, Visionary paid the vendor $10,000 and issued the vendor 27,261 common shares of Visionary at a deemed price of $1.46728 per consideration share for a deemed value of $40,000. The consideration shares will be subject to restrictions on resale for a period of four months from the date of issue.

In addition, the vendor received a 1-per-cent net smelter return royalty, which may be repurchased with a one-time payment of $1-million.

Additional details of the mineral licences are set forth in the company's news release dated Sept. 22, 2026.

About Visionary Copper and Gold Mines Inc.

Visionary Copper is advancing its portfolio of base and precious metals rich deposits located in established Canadian mining jurisdictions. The focus of the portfolio is highlighted by the 100-per-cent-owned Pt. Leamington deposit in Newfoundland, located in one of the richest VMS and gold districts in Canada. The company prepared a pit-constrained indicated mineral resource of 5.0 million tonnes (t) grading 2.5 grams per tonne (g/t) gold equivalent (AuEq) for 402,000 ounces (oz) AuEq (145,700 oz gold, 60.0 million pounds (lb) copper (Cu), 153.5 million lb zinc (Zn), 2.0 million oz silver (Ag) and 1.5 million lb lead (Pb)), a pit-constrained inferred mineral resource of 13.7 million t grading 2.24 g/t AuEq for 986,500 oz AuEq (354,800 oz gold, 110.2 million lb copper, 527.3 million lb zinc, 6.2 million oz silver and 7.0 million lb lead) and an out-of-pit inferred mineral resource of 1.7 million t grading 3.06 g/t AuEq for 168,500 oz AuEq (65,400 oz gold, 13.3 million lb copper, 102.9 million lb zinc, 1.4 million oz Ag and 2.6 million lb lead) (see news release dated Oct. 25, 2021). Additionally, the company is permitting the Rainbow deposit at its VMS-rich 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 million t grading 3.59 per cent copper equivalent (CuEq) for 272.4 million lb CuEq (238.3 million lb Cu, 56.9 million lb Zn, 37,600 oz Au, 692,800 oz Ag and 2.3 million lb Pb), an inferred mineral resource on the Rainbow deposit of 1.28 million t grading 2.95 per cent CuEq containing 83.4 million lb CuEq (72.1 million lb Cu, 19.5 million lb 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 million t grading 2.62 per cent Cu containing 58.1 million lb 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 PEA (preliminary economic assessment) generates a strong economic return with a pretax IRR (internal rate of return) of 34.1 per cent (25.2 per cent posttax) and an NPV (net present value) 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.