Brutus Mining Inc. (CSE: BRU) (FSE: ZI3) is pleased to announce that it has closed its non-brokered private placements previously announced on September 21, 2026 for aggregate gross proceeds of $2,998,725.05.

The Company issued 5,710,643 units at a price of $0.35 per Unit for gross proceeds of $1,998,725.05. Each Unit is comprised of one (1) common share of the Company and one (1) transferable common share purchase warrant. Each Warrant entitles the holder to purchase one Share at a price of $0.40 for a period of twenty-four (24) months from the closing date.

The Company also issued 2,500,000 flow-through units at a price of $0.40 per FT Unit for gross proceeds of $1,000,000. Each FT Unit is comprised of one (1) common share of the Company issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) and one (1) common share purchase warrant. Each FT Warrant entitles the holder to purchase one Share, which will not be a FT Share, at a price of $0.43 for a period of twenty-four (24) months from the closing date.

The proceeds from the sale of the Units will be used for exploration on the CW Property, the evaluation of new project opportunities and/or for general working capital purposes. The gross proceeds from the sale of the FT Units will be used to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures”, as those terms are defined in the Income Tax Act (Canada). The Company will renounce all Qualifying Expenditures to the subscribers of the FT Units with an effective date no later than December 31, 2026.

In connection with the closing of the Offerings, the Company paid finders’ fees of $203,260.75, and issued 399,745 non-transferable Warrants and 158,375 non-transferable FT Warrants to eligible arm’s length finders. All securities issued under the Offerings are subject to a hold period of four months and one day.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Brutus Mining Inc.

Brutus Mining Inc. (CSE: BRU) (FSE: ZI3) is a Vancouver-based mineral exploration company. It holds an option to acquire a 100% interest in the CW Property, five contiguous mineral claims totalling 2,894.56 hectares in the Kamloops Mining Division of British Columbia, approximately 100 kilometres north of Kamloops. The Property hosts five reported MINFILE showings with copper and gold mineralization and is at an early stage of exploration.

On Behalf of the Board of Directors

Christos Doulis
Chief Executive Officer, Director
+1 (604) 636-7335
info@brutusmining.com