Mr. Jim MacKenzie reports

VISCOUNT MINING CORP. PROVIDES MARKET ACTIVITY CLARIFICATION AND OPERATIONAL UPDATE

Viscount Mining Corp. is providing a market activity clarification and operational update.

Viscount wishes to clarify recent market activity and reaffirm the company's operational outlook. During the final 30 minutes of trading on Friday, Dec. 19, the company observed irregular trading activity in its shares. Viscount confirms that there have been no material changes to its business, assets or planned operations.

In keeping with best practices for market transparency, the company's chief executive officer promptly contacted the Canadian Investment Regulatory Organization (CIRO) and formally requested a comprehensive review of the trading activity.

As previously disclosed in two news releases issued during the week of Dec. 8, Viscount continues to advance its exploration strategy at the Silver Cliff project, with drill programs planned at both the Kate and Passiflora targets.

Kate -- near-term resource growth

The planned drill program at the Kate target is designed to expand and upgrade the existing silver resource through:

• Step-out drilling at Kate North and Kate Northeast to test extensions of known mineralization;

• Drill testing of the Ben West structural corridor, a key control on mineralization.

• Infill drilling within the current resource envelope to support future technical studies and an updated NI 43-101 resource estimate.

Passiflora -- district-scale copper-gold potential

At the Passiflora target, exploration work continues to highlight a compelling copper-gold system with characteristics consistent with a deeper porphyry source, including:

• A well-defined copper-gold pathfinder geochemical corridor coincident with Quantec MT conductivity highs, mapped alteration and mineralized intervals intersected in deep drill hole PF-23-03A;

• A planned first drill hole of 2026 designed to test breccia pipes and extend into the core of the Quantec MT anomaly. This angled hole is expected to reach approximately 1,500 metres and is intended to test the heart of the system.

Viscount remains focused on disciplined exploration, systematic resource growth and the delivery of long-term shareholder value, while maintaining the highest standards of market disclosure and regulatory compliance.

Qualified persons

The scientific and technical information contained in this news release has been reviewed and approved by Harald Hoegberg PG, an independent consulting geologist who is a "qualified person" (QP) as such term is defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Viscount Mining Corp.

Viscount Mining Corp. is a project generator and mineral exploration company focused on advancing high-quality silver, gold and copper assets in the Western United States. The company's portfolio includes the Silver Cliff silver project in Colorado and the Cherry Creek multimetal district in Nevada.

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