Lexston Mining Corporation Announces Private Placement

(TheNewswire)

Vancouver, British Columbia – TheNewswire -December 24, 2025 – Lexston Mining Corporation (“Lexston” or“the Company”) (CSE: LEXT) (OTCQB: LEXTF) (Deutsche BörseFrankfurt: L75) is pleased to announce a non-brokeredprivate placement to raise gross proceeds of up to $500,000 through the issuance of up to6,250,000 units at a priceof $0.08 per unit (the “Private Placement”).  Each unit willconsist of one common share and one common share purchase warrant. Each common share purchase warrant will entitle the holder topurchase one common share at a price of $0.10 for five years from thedate of issuance.  

The Company plans to use the proceeds of the PrivatePlacement for general working capital purposes and explorationexpenditures.  Certain directors and officers of the Company mayparticipate in the Private Placement.

The securities to be issued in connection with thePrivate Placement are subject to the filing requirements with andacceptance by the Canadian Securities Exchange. All securities will besubject to a four-month statutory hold period after closing.

AboutLexston Mining Corporation

Lexston Mining Corporation is a Canadian mineral exploration companyfocused on acquiring and developing mineral projects with the aim ofenhancing value for all stakeholders. The Company currently hasmineral exploration projects located in British Columbia and Nevada.

Lexston (OTCQB: LEXTF) trades on the OTCQB Venture Market, whichserves early-stage and developing U.S. and international companies.Companies on this market are current in their reporting and undergoannual verification and management certification processes. Investorscan access real-time quotes and market information for Lexston at www.otcmarkets.com.

On behalf of the Board ofDirectors

LEXSTON MINING CORPORATION

Jagdip Bal

Chief Executive Officer

Telephone: (604) 928-8913

Email: info@lexston.ca

The Canadian Securities Exchange hasnot reviewed and does not accept responsibility for the adequacy oraccuracy of the content of this news release.

Forward-looking statements

This news release contains"forward-looking information" under applicable Canadiansecurities legislation. Such forward-looking information reflectsmanagement's current beliefs and are based on a number ofestimates and/or assumptions made by and information currentlyavailable to the Company that, while considered reasonable, aresubject to known and unknown risks, uncertainties, and other factorsthat may cause the actual results and future events to differmaterially from those expressed or implied by such forward-lookinginformation. Readers are cautioned that such forward-lookinginformation are neither promises nor guarantees and are subject toknown and unknown risks and uncertainties including, but not limitedto, general business, economic, competitive, political and socialuncertainties, uncertain and volatile equity and capital markets, lackof available capital, actual results of exploration activities,environmental risks, future prices of base and other metals, operatingrisks, accidents, labour issues, objections by aboriginal people,delays in obtaining governmental approvals and permits, obtainingconsents of aboriginal people and other risks in the miningindustry.

These statements include but are notlimited to the Private Placement, use of proceeds from the PrivatePlacement, exploration permits, exploration of properties forminerals, liquidity of the common shares of the Company and futurefinancings of the Company. These statements reflect management'scurrent estimates, beliefs, intentions, and expectations. They are notguarantees of future performance. The Company cautions that allforward-looking statements are inherently uncertain and that actualperformance may be affected by many material factors, many of whichare beyond the Company’s control. Such factors include, among otherthings: risks and uncertainties relating to the acquisition of newproperties, liquidity of the common shares of the Company, financings,the market valuing the Company in a manner not anticipated bymanagement of the Company.  Accordingly, actual and future events,conditions and results may differ materially from the estimates,beliefs, intentions and expectations expressed or implied in theforward-looking information. Except as required under applicablesecurities legislation, the Company does not undertake to publiclyupdate or revise forward-looking information.

The Company is presently anexploration stage company. Exploration is highly speculative innature, involves many risks, requires substantial expenditures, andmay not result in the discovery of mineral deposits that can be minedprofitably. Furthermore, the Company currently has no reserves on itsproperties. As a result, there can be no assurance that suchforward-looking statements will prove to be accurate, and actualresults and future events could differ materially from thoseanticipated in such statements.

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