Germanium Mining Corp. Announces Closing of Private Placement

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA, DECEMBER24, 2025 – GERMANIUM MINING CORP. ( “GMC”, OR THE “COMPANY”)(CSE: GMC; OTCQB: EMSKF; FSE: 1I30)  has closed its previouslyannounced  private placement (see news release of December 9, 2025)totalling 1,250,000 million units (each a “ Unit ”) at $0.20 perunit for gross proceeds of  CAD $250,000 (the “ PrivatePlacement” ). Each unit consists of one common share (each, a “Share ”) and one transferable common share purchase warrant (each, a“ Warrant” ). Each warrant entitles the holder to purchase oneadditional share of the Company at $0.30 per share for a period of 12months from the date of issuance.

The net proceeds from the placement will be allocatedtoward exploration activities, for general corporate purposesincluding arm's-length payables. No finders' fee was payableon this financing. All securities issued pursuant to the privateplacement will be subject to a hold period of four months and one dayas required under applicable securities legislation.

This news release does notconstitute an offer to sell or a solicitation of an offer to buy anyof the securities in the United States. The securities have not beenand will not be registered under the United States Securities Act of1933, as amended (the “U.S. Securities Act”) or any statesecurities laws and may not be offered or sold within the UnitedStates or to U.S. Persons unless registered under the U.S. SecuritiesAct and applicable state securities laws or an exemption from suchregistration is available.

At the Company’s AGM, held on December 23, 2025, atotal of 1,778,056 common shares, or 15.3% of the 11,612,217 issuedand outstanding common shares of the Company as at the record date ofthe Meeting, were voted at the Meeting by proxy.

The following matters were approved by the affirmativevote of the requisite majority of the votes represented at theMeeting:

• setting the number of directors of the Company atfour; 

• appointing Emily Sewell, Mario Pezzente, Benoit Moreauand Dennis Aalderink as directors; and 

• appointing DMCL LLP as auditors of the Company for thefiscal year ending March 31, 2026. 

In addition, the Company has granted a total of 613,000 restrictedshare units to consultants under the Company's omnibus equityincentive plan.

About Germanium MiningCorp.

GMC is a publicly traded mineral exploration companyfocused on the exploration and advancement of discovery-stage mineralproperties in mining jurisdictions in North America and  is a memberof the Nevada Mining Association.

Make sure to follow the Company onTwitter & aswell as subscribe for Company updates at www.germaniummining.com

ON BEHALF OF THEBOARD

   Mario Pezzente

___                               
            CEO& Director

For more informationon Germanium Mining Corp. please contact:

Phone: 604-717-6605
Corporate e-mail:info@germaniummining.com
Website: www.germaniummining.com
Corporate Address: 2905– 700 West Georgia Street, Vancouver, BC, V7Y1C6

FORWARD-LOOKINGSTATEMENTS

This news release containsforward-looking statements. All statements, other than statements ofhistorical fact that address activities, events, or developments thatthe Company believes, expects or anticipates will or may occur in thefuture are forward-looking statements. Forward-looking statements inthis news release include, but are not limited to, statementsregarding the intended use of proceeds of the Offering and othermatters regarding the business plans of the Company. Theforward-looking statements reflect management’s current expectations based on information currentlyavailable and are subject to a number of risks and uncertainties thatmay cause outcomes to differ materially from those discussed in theforward-looking statements including that the Company may use theproceeds of the Offering for purposes other than those disclosed inthis news release; adverse market conditions; and other factors beyondthe control of the Company. Although the Company believes that theassumptions inherent in the forward-looking statements are reasonable,forward-looking statements are not guarantees of future performanceand, accordingly, undue reliance should not be put on such statementsdue to their inherent uncertainty. Factors that could cause actualresults or events to differ materially from current expectationsinclude general market conditions and other factors beyond the controlof the Company. The Company expressly disclaims any intention orobligation to update or revise any forward-looking statements whetheras a result of new information, future events or otherwise, except asrequired by applicable law.

The Canadian Securities Exchange(operated by CNSX Markets Inc.) has neither approved nor disapprovedof the contents or accuracy of this press release.

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