KORE Provides A Corporate Update

(TheNewswire)

Vancouver, BC – September 16, 2025 – TheNewswire – KORE Mining Ltd.(TSXV: KORE) (“ KORE ” or the “ Company ”) is pleased to provide shareholders with acorporate update.

The Company has received approval from the BC Registryto extend the deadline for its 2025 annual general meeting (the“ AGM ”) by six months, from October 5, 2025 to April 5, 2026 forproviding additional time to prepare for the AGM. The date andtimeline of the Meeting will be announced to shareholders in duecourse.

The Company is actively working with the TSX VentureExchange (the “ Exchange ”) on its reinstatement application.Management and the Board are committed to completing all necessarysteps to ensure the Company’s reinstatement for trading on theExchange as soon as practicable. The Company believes thatreinstatement of trading will provide greater visibility, improvedliquidity for shareholders, and position the Company for renewedgrowth opportunities.

As part of its review of corporate initiatives, inaddition to the cancellation announced on August 19, 2025 of theshares for debt transaction previously announced on March 29, 2024,the Company has also elected not to proceed with and has cancelled theshares for debt transaction previously announced on July 21, 2023 andapproved at the Company’s annual general meeting held on July 5,2024. No securities were issued or will be issued in connection withsuch transaction. The Company’s decision to cancel the transactionreflects its commitment to maintaining a strong capital structure andto pursuing financing and growth initiatives that are aligned with thelong-term interests of shareholders.

The Company thanks its shareholders for their continuedsupport and patience as it works diligently with the Exchange towardreinstatement. Further updates will be provided as materialdevelopments occur.

About KORE Mining

KORE Mining is focused on responsibly creating valuefrom its portfolio of gold assets in California, USA. The Company isadvancing the Imperial project towards development while continuing toexplore across both district-scale gold assets.

Further information on Imperialand KORE can be found on the Company’s website at www.koremining.com or bycontacting us as info@koremining.com or bytelephone at (888) 407-5450.

On behalf of KORE Mining Ltd.

“ JamesHynes”

Executive Chairman and CEO

(888) 407-5450

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

Cautionary StatementRegarding Forward-Looking Information

This news release containsforward-looking statements relating to the future operations of theCompany and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will","may", "should", "anticipate","expects", “intends”, “indicates” and similarexpressions.  All statements other than statements of historicalfact, included in this release, including, without limitation,statements regarding the future plans and objectives of the Companyare forward-looking statements.

Forward?looking statements in thisnews release include, but are not limited to, statements with respectto, among others: the timing regarding the resumption of trading ofthe Company’s common shares on the Exchange after the reinstatementthereof, and the evaluation of strategic opportunities to strengthenthe balance sheet. Such forward?looking statements, and anyassumptions upon which they are based, are made in good faith andreflect our current judgment regarding the direction of our business. In connection with the forward?looking information contained inthis presentation, the Company has made numerous assumptions,including, among others: that the Company will receive all requiredapprovals, including the approval of the Exchange for thereinstatement; that the Company will return to trade within the timingprovided for under Exchange polices; and other planning assumptions. While the Company considers these assumptions to be reasonable,these assumptions are inherently subject to significant uncertaintiesand contingencies.

Forward looking information involvesknown and unknown risks, uncertainties and other factors which maycause the actual results, performance or achievements of the Companyto be materially different from any future results, performance orachievements expressed or implied by the forward?lookinginformation.  Known risk factors include, among others: theCompany’s common shares may not resume trading on the Exchange;investor demand may weaken; the need to obtain additional financing;and uncertainty as to the availability and terms of future financing.

Forward-looking statements containedherein are made as of the date of this news release and the Companydisclaims any obligation to update any forward-looking statements,whether as a result of new information, future events or results,except as may be required by applicable securities laws.  There canbe no assurance that forward-looking information will prove to beaccurate, as actual results and future events could differ materiallyfrom those anticipated in such statements.  Accordingly, readersshould not place undue reliance on forward-looking information.

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