Mr. Edward Yew reports

KINGSVIEW MINERALS ACQUIRES VERNON PROPERTY

Kingsview Minerals Ltd. has acquired the Vernon property located in southeastern New Brunswick. The Vernon mine, which historically produced copper in the 1860s, represents a significant unexplored opportunity for gold mineralization.

The property, situated along the Bay of Fundy just west of Fundy National Park and approximately 50 kilometres southeast of Sussex, has a rich history of mining activity. Although historical assessments reported impressive gold grades of up to four ounces per ton Au in the Peacock vein, no gold production was reported during its operational years from 1864 to 1865 (New Brunswick mineral report of work 473635. The report can be downloaded.

More recent mineral exploration has revealed key indicators of potential gold mineralization, including structural faulting, quartz-carbonate veining and sericite alteration. Notably, gold was identified through assay in pyrite-sericite schists at the intersection of two structural trends associated with copper- and silver-bearing quartz-carbonate veins.

Key findings noted in New Brunswick mineral report of work 473635 include:

• Numerous reports of anomalous gold and copper values from surface grab samples; notably immediately adjacent the historical Vernon mine adit and the Peacock vein as well as a gold-copper occurrence approximately 900 metres from the Peacock vein.
• Historic silt and soil sampling identified gold anomalies both associated with known mineral showings and ones where the source of the anomaly had not been identified.

Kingsview Minerals is committed to further exploration and development of the Vernon property, aiming to unlock its significant gold potential.

Terms of the acquisition

On April 25, 2025, the company announced its intention to acquire the property in an arm's-length transaction via definitive agreement. As consideration for the proposed transaction, the company issued three million common shares in the capital the company, at a deemed issuance price of 12 cents per common share, equal to $360,000. The acquisition was completed by way of a three-way amalgamation, whereby the company owning the property was amalgamated with a newly incorporated wholly owned subsidiary of the Kingsview. Completion of the transaction was subject to customary conditions including but not limited to: receipt of all required consents; and the approval of the proposed transaction by the Canadian Securities Exchange. The owners of property now hold 44 per cent of the common shares in Kingsview. No changes to management were made and no finders' fees were paid.

Qualified persons review

The technical and scientific information contained within this news release have been reviewed and approved by David Benson, PGeo, a qualified person (QP) as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Benson has over 20 years of experience evaluating historical mine and grassroots base and precious metals projects across Canada. Both the company and QP caution the reader that the technical and scientific information used in this press release was gathered through literature review of historical mineral reports of work on the property submitted by previous operators to the government of New Brunswick. The company plans to verify the historical scientific and technical information, where applicable, during future exploration campaigns. The company and QP caution the reader that the scientific and technical information presented in this press release may not be representative of future scientific and technical results.

About Kingsview Minerals Ltd.

Kingsview is a mineral exploration company focused on gold and base metal exploration.

We seek Safe Harbor.