Vanguard Mining Announces Closing of Private Placement of Units

(TheNewswire)

Vancouver, BC – August 1, 2025 – TheNewswire - Vanguard Mining Corp.("Vanguard" or the "Company") (CSE: UUU | OTC: RECHF | Frankfurt: SL5) ) is pleased to announce that further to its news releasedated July 22, 2025, it has closed its previously announcednon-brokered private placement of units of the Company (the“ LIFE Units ”) at a priceof $0.15 per Unit under the Listed Issuer Financing Exemption (asdefined herein) for gross proceeds of $ 1,924,444.65(the “ LIFE Offering ”).  EachUnit consists of one common share in the capital of the Company (a“ LIFE Share ”) andone-half of one transferrable common share purchase warrant (eachwhole warrant, a “ LIFE Warrant ”).  Each whole Warrant will entitle the holder topurchase one additional Share at a price of $0.22 for a period ofeighteen (18) months from the closing of the LIFE Offering, subject to acceleration of the expiry date to 30days in the event that the price of the Company’s common sharestrades at or above $0.32 for five (5) consecutive trading days (the“ AccelerationRight ”).

Subject to compliance with applicable regulatoryrequirements and in accordance with National Instrument 45-106 - ProspectusExemptions (" NI 45-106 "), theLIFE Offering was made to purchasers resident in all provinces ofCanada, except Quebec, pursuant to the listed issuer financingexemption under Part 5A of NI 45-106 (the " Listed Issuer FinancingExemption "). The securities offered underthe Listed Issuer Financing Exemption are not subject to a hold periodin accordance with applicable Canadian securities laws.

In connection with the Offering, the Company paid anaggregate cash finder fee of $131,755.60 and issued an aggregate of 878,371 non-transferable finders’ warrants (each, a“ Finder’sWarrant ”).  Each Finder’s Warrant entitlesthe holder to acquire one common share in the capital of the Companyat a price of $0.22 each for a period of eighteen (18) months from thedate of issuance, all in accordance with the policies of the CSE.

The Company intends to use the proceeds from the LIFEOffering for exploration programs on its mineral properties andgeneral working capital purposes.

The securities issued pursuant tothe Offering have not, nor will they be registered under the UnitedStates Securities Act of 1933, as amended, and may not be offered orsold within the United States or to, or for the account or benefit of,U.S. persons in the absence of U.S. registration or an applicableexemption from the U.S. registration requirements. This news releaseshall not constitute an offer to sell or the solicitation of an offerto buy nor shall there be any sale of the securities in the UnitedStates or in any other jurisdiction in which such offer, solicitationor sale would be unlawful.

About Vanguard Mining Corp.

Vanguard Mining Corp. is a Canadian mineral explorationcompany focused on the discovery and development of high-valuestrategic minerals. The Company is currently advancing uranium exploration projects in the United Statesand Paraguay, with a focus on identifying and developing assetscritical to the global energy transition. Vanguard is committed toresponsible exploration and value creation through the acquisition andadvancement of highly prospective uranium properties.

On Behalf of the Board of Directors

“David Greenway” David Greenway, CEO

For further information, please contact:

Vanguard Mining Corp. Brent Rusin

Phone: +1 672-533- 0348

E-Mail: brent@vanguardminingcorp.com Website: https://vanguardminingcorp.com/

Neither the Canadian Securities Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the CSE) accepts responsibility for the adequacy or accuracy ofthis release.

Disclaimer for Forward-Looking Information

This news release may containcertain forward looking statements and forward looking information(collectively, “ Forward-Looking Statements ”) within the meaning of the applicableCanadian and U.S. securities laws. All statements, other thanstatements of historical fact, included herein including, withoutlimitation, statements with respect to the Offering and theanticipated use of the proceeds therefrom, are forward-lookingstatements. When or if used in this news release, the words“anticipate”, “believe”, “estimate”, “expect”,“target, “plan”, “forecast”, “may”, “schedule” andsimilar words or expressions identify forward-looking statements orinformation. Such statements represent the Company's current viewswith respect to future events and are necessarily based upon a numberof assumptions and estimates that, while considered reasonable by theCompany, are inherently subject to significant business, economic,competitive, political and social risks, contingencies anduncertainties. Many factors, both known and unknown, could causeresults, performance, or achievements to be materially different fromthe results, performance or achievements that are or may be expressedor implied by such forward-looking statements. The Company does notintend, and does not assume any obligation, to update theseforward-looking statements or information to reflect changes inassumptions or changes in circumstances or any other events affectingsuch statements and information other than as required by applicablelaws, rules and regulations.

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