Mr. Blake Mclaughlin reports

AXCAP VENTURES INC. ANNOUNCES 5,000-METER DRILL PROGRAM AT CONVERSE PROJECT

Axcap Ventures Inc. will commence a 5,000-metre drill program at its flagship Converse project in Nevada. This program consists of five drill holes designed to refine the existing resource model, test for expansion potential and evaluate deeper mineralization within reactive lower plate rocks.

The Converse property is in the Battle Mountain district, within the Battle Mountain-Eureka trend, one of the main gold deposit trends in Nevada comprising a northwest-trending belt of precious metal deposits with current reserves and past production exceeding 50 million ounces gold. The property currently hosts a measured and indicated resource of 262.7 million tonnes at 0.61 gram per tonne gold (g/t Au) for 5.17 million ounces, and inferred resource of 26.4 million tonnes (Mt) at 0.65 gram per tonne gold (g/t Au) for 550,000 ounces.

Drill program highlights:

• Resource expansion and optimization: Near-surface drilling will target gaps within the existing resource to improve continuity and refine the deposit model.
• Follow-up on high-grade intersections: Initial holes will step out from historic intercepts ending in mineralization, reinforcing the scale and strength of the system.

Blake McLaughlin, vice-president of exploration at Axcap Ventures, commented: "Converse is already a significant asset, but we believe there is untapped potential at depth. By targeting lower plate carbonate rocks, we are exploring the possibility of a high-grade skarn system that could materially enhance the project's scale and economics. This program is an important step toward realizing Converse's full potential."

Located in a premier mining jurisdiction, the Converse project hosts a large, well-defined gold system with substantial expansion potential. This drill program reflects Axcap's strategic approach to resource growth and value creation.

Drilling is set to begin in the last week of March, with results expected in the following months. The company will provide updates as the program progresses.

Blake Mclaughlin, PGeo, a qualified person pursuant to National Instrument 43-101, has reviewed and approved the technical content of this news release.

About Axcap Ventures Inc.

Axcap Ventures is an investment company focused on acquiring and developing high-value resource projects. Leveraging management's expertise in capital markets and project evaluation, Axcap is committed to maximizing shareholder returns through disciplined exploration and development strategies.

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