Armory Mining Announces Flow-Through Financing

(TheNewswire)

Vancouver, B.C. – December 2, 2025– TheNewswire - Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the “ Company ” or“ Armory ”) a resource exploration company focused on the discoveryand development of minerals critical to the energy, security anddefense sectors, is pleased to announce a non-brokered privateplacement offering of up to 14,285,714 flow-through units (the“ FT Units ”) at a price of$0.07 per FT Unit for gross proceeds of up to $1,000,000 (the “ Offering ”).

Each FT Unit consists of one common share of the Company to be issuedas a “flow-through share” within the meaning of the Income Tax Act (Canada) (the“ Tax Act ”) and onetransferable common share purchase warrant. Each warrant entitles theholder to purchase one additional non-flow-through common share of theCompany at a price of $0.09 per common share for a period of threeyears from the date of issuance.

The proceeds raised from the Offering will be used to incur eligible“Canadian exploration expenses” that qualify as “flow-throughmining expenditures” as defined in the Tax Act at the Ammo projectlocated in Nova Scotia.

In connection with the Offering, the Company may issue finder’s feewarrants. Each finder’s fee warrant will entitle the holder topurchase one additional non-flow-through common share of the Companyat a price of $0.07 per common share for a period of three years fromthe date of issuance.

All securities to be issued under the Offering will be subject to afour month hold period in accordance with applicable Canadiansecurities laws and the policies of the Canadian Securities Exchange(the “ CSE ”).  Completionof the Offering is subject to certain conditions including the receiptof all necessary approvals, including the approval of the CSE.

About Armory Mining Corp

Armory Mining Corp. is a Canadian exploration companyfocused on minerals critical to the energy, security and defensesectors. The Company controls an 80% interest in the Candela IIlithium brine project located in the Incahuasi Salar, Salta Province,Argentina and a 100% interest in the Riley Creek antimony-gold projectlocated in Haida Gwaii, British Columbia, and an option to acquire a100% interest in the Ammo antimony-gold project located in NovaScotia.

Contact Information

Alex Klenman

CEO

alex@armorymining.com

604-970-4330

Neither the Canadian SecuritiesExchange nor its Market Regulator (as the term is defined in thepolicies of the Canadian Securities Exchange) accepts responsibilityfor the adequacy of accuracy of this news release.

This news release does notconstitute an offer to sell or a solicitation of an offer to buy norshall there be any sale of any of the Company’s securities in anyjurisdiction in which such offer, solicitation or sale would beunlawful, including any of the securities in the United States ofAmerica. The Company’s securities have not been and will not beregistered under the United States Securities Act of 1933, as amended(the " 1933 Act ") or anystate securities laws and may not be offered or sold within the UnitedStates or to, or for account or benefit of, U.S. Persons (as definedin Regulation S under the 1933 Act) unless registered under the 1933Act and applicable state securities laws, or an exemption from suchregistration requirements is available.

Forward LookingStatements

This press release contains certainforward-looking statements, including statements regarding the Companycompleting the Offering, the size of the Offering and the intended useof funds. The words "expects," "anticipates,""believes," "intends," "plans,""will," "may," and similar expressions areintended to identify forward-looking statements. Although the Companybelieves that its expectations as reflected in these forward-lookingstatements are reasonable, such statements involve risks anduncertainties. Actual results may differ materially from thoseexpressed or implied in these statements due to various factors,including, but not limited to, political and regulatory risks inCanada, operational and exploration risks, market conditions, and theavailability of financing. Readers are cautioned not to place unduereliance on forward-looking statements, which are made as of the dateof this release. The Company undertakes no obligation to publiclyupdate or revise any forward-looking statements, whether as a resultof new information, future events, or otherwise, except as required byapplicable securities laws.

THIS NEWS RELEASEIS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

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