Talamore Mining Corp. (TSX: TALA) (OTCQB: TALMF) is pleased to announce that it has issued the first tranche of secured promissory notes pursuant to the project finance debt facility that was announced by the Company on September 29, 2026 and approved at the special meeting of shareholders held on October 2, 2026.

Talamore issued Notes having an aggregate principal amount of $20 million and 47.25 million common share purchase warrants on a private placement basis pursuant to a Note and Warrant Purchase Agreement dated as of September 29, 2026 with Trinity Advisors Corporation, as arranging purchaser, TSX Trust Company, as administrative agent and collateral agent, and a syndicate of purchasers. The first tranche of Notes is part of a commitment by the Purchasers to purchase up to $450 million principal amount of Notes pursuant to the Debt Facility over a period of up to 18 months from the first tranche closing date, subject to certain conditions and as more particularly described in the Company’s press release dated September 29, 2026. The Warrants are exercisable at a price of $15.50 per share for a term of seven years, provided that they may not be exercised until the earlier of the Debt Facility being drawn in full, the occurrence of a change of control or 18 months from the first tranche closing date.

The Company plans to use the net proceeds of the first tranche of Notes for construction and development of the Coffee Project and for general corporate purposes.

The Notes and Warrants and the underlying securities issuable upon exercise of the Warrants, have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be exercised, as applicable, or offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.

About Talamore Mining

Talamore Mining Corp. is a Canadian exploration and development company advancing the Coffee Gold Project in Yukon, Canada. Coffee is a 100%-owned, open-pit heap leach gold project in the final stages of permitting and engineering, and the Company is working toward a construction decision. In addition to Coffee, Talamore holds a portfolio of copper and gold assets in Chile and Mexico, providing longer-term growth potential.

Talamore recognizes that protection of the land and water around the Coffee Gold Project is of central importance to the Trondëk Hwëch’in, Selkirk First Nation, White River First Nation, and the First Nation of Na-Cho Nyäk Dun. The Company is focused on building long-term relationships grounded in transparency, respect, and follow-through. From day one, Talamore’s approach is simple: do the work properly, be honest about it, and follow through on what we say.