Ms. Natasha Dixon reports

MINK VENTURES CLOSES NON BROKERED PRIVATE PLACEMENT

Mink Ventures Corp. has closed the second and final tranche of its non-brokered private placement announced in September, 2025. The company raised aggregate gross proceeds of $857,518 from both tranches. In the second tranche, the company raised gross proceeds of $126,000 from the issuance of 960,000 hard-dollar units at a price of 10 cents per HD unit; and $30,000 from the issuance of 235,770 flow-through units at a price of 13 cents per FT unit.

Each HD unit consisted of one common share of the company and one common share purchase warrant. Each HD warrant shall entitle the holder thereof to acquire one common share for a period of 36 months from the date of issuance at an exercise price of 20 cents.

Each FT unit consisted of one common share of the company and one common share purchase warrant. Each FT warrant shall entitle the holder thereof to acquire one common share for a period of 36 months from the date of issuance at an exercise price of 20 cents.

All securities issued in the final tranche of the offering are subject to a statutory four-month-plus-a-day hold period expiring on March 1, 2026. The company paid aggregate finders' fees in the final tranche totalling $7,680 in cash and issued 76,800 non-transferable finders' warrants. Each finder's warrant entitles the holder thereof to acquire one common share of the company for a term expiring on Oct. 30, 2028, for an exercise price of 20 cents. The offering and payment of finders' fees are subject to the final approval of the TSX Venture Exchange.

The company plans to use the net proceeds raised from the sale of the HD units and FT units under the offering for the exploration and advancement of the company's Montcalm nickel-copper-cobalt project and the Warren copper-nickel project and, in respect of the HD unit proceeds, for general working capital purposes.

About Mink Ventures Corp.

Mink Ventures is a Canadian mineral exploration company exploring for critical minerals (nickel, copper and cobalt) at its Warren and Montcalm projects, in the Timmins, Ont., area. Mink's Montcalm project covers 100 square kilometres adjacent to Glencore's former Montcalm mine, which had historical production of 3.93 million tonnes of ore grading 1.25 per cent Ni, 0.67 per cent Cu and 0.051 per cent Co (Ontario Geological Survey, Atkinson, 2010). Its Warren Ni-Cu-Co project, which covers 1,130 hectares, is located 35 km away. Both projects are drill ready and permitted, and have excellent access and infrastructure with an all-weather access road and power, as well as proximity to the skilled labour and facilities of the Timmins mining camp. After giving effect to the share issuance from this tranche of the offering, the company has 33,606,719 common shares outstanding.

We seek Safe Harbor.