Mr. Nicholas Rodway reports

CORE ASSETS ANNOUNCES EFFECTIVE DATE OF share CONSOLIDATION AND NAME CHANGE

Core Assets Corp., further to its news release dated May 27, 2025, will proceed with the consolidation of its issued and outstanding common shares on the basis of one new share for every 10 old shares and change its name from Core Assets Corp. to Core Silver Corp. The consolidation and name change will become effective on the Canadian Securities Exchange at the opening of market on June 4, 2025. The company's symbol "CC" will remain the same. The new Cusip and ISIN of the company will be 21873Y105 and CA21873Y1051, respectively.

Currently, a total of 127,105,689 shares are issued and outstanding. Accordingly, upon the consolidation becoming effective, a total of 12,710,565 shares will be issued and outstanding. No fractional shares will be issued as a result of the consolidation.

Odyssey Trust Company will mail out a letter of transmittal to the shareholders of record on June 4, 2025, providing instructions on exchanging preconsolidation share certificates for postconsolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Odyssey in accordance with the instructions in the letter of transmittal.

About Core Assets Corp.

Core Assets is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in British Columbia, Canada. The company currently holds 100-per-cent ownership in the Blue property, which covers a land area of 114,074 hectares. The property lies within the Atlin mining district, a well-known gold mining camp located in the unceded territory of the Taku River Tlingit First Nation and the Carcross/Tagish First Nation.

We seek Safe Harbor.