Viscount Mining Announces Closing of Oversubscribed $5.6 Million Financing Led by Centurion One Capital

The Offerings were led by Centurion One Capital Corp. as lead agent and sole bookrunner in respect of the Brokered Offering and fiscal advisor in respect of the Non-Brokered Offering.

Jim MacKenzie, Chief Executive Officer and Director of the Company commented: “Viscount is pleased to have successfully completed this oversubscribed financing. Centurion One Capital anchored the raise and, through disciplined execution, brought together a high-quality group of long-term strategic investors, enabling us to complete the offering on an upsized basis. The net proceeds from the financing will allow us to begin a comprehensive drill program on our properties in Colorado and Nevada and further enhance shareholder value.”

A total of 6,968,062 Units were sold under the Offerings at a price of $0.80 per Unit for aggregate gross proceeds of approximately $5,574,450. Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share at a price of $1.20 until March 9, 2029.

The net proceeds from the Offering will be used to commence a comprehensive drill program to further understand Viscount’s properties and further expand its current resource estimates and administrative expenses to drive growth and increase shareholder value in a strong silver market.

In connection with the Offerings, the Company paid an aggregate of $690,169.60 in commissions and fees and issued 530,900 non-transferable Common Share purchase warrants entitling the holders to acquire a Unit at the Issue Price until March 9, 2029.

The Units offered were for sale (i) by way of private placement pursuant to the listed issuer
financing exemption under section 5A.2 of National Instrument 45-106 – Prospectus Exemptions, as amended and supplemented by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption in British Columbia, Alberta and Ontario and (ii) in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and applicable U.S. state securities laws. The securities issued under the Listed Issuer Financing Exemption will not be subject to a statutory hold period pursuant to applicable Canadian securities laws. The Offering is subject to final acceptance by the TSX Venture Exchange.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by Harald Hoegberg PG, an independent consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Viscount Mining Corp.

Viscount Mining Corp. is a project generator and mineral exploration company focused on advancing high-quality silver, gold, and copper assets in the Western United States. The Company’s portfolio includes the Silver Cliff silver project in Colorado and the Cherry Creek multi-metal district in Nevada.

Silver Cliff Project — Colorado

The Silver Cliff project is located in the historic Hardscrabble Silver District and comprises 96 lode claims with year-round paved access and established local infrastructure. The project covers a large volcanic caldera system recognized for its silver, gold, and base-metal potential.

The property includes two principal zones of focus:

• Kate Deposit (Silver Resource Area): The Kate hosts a NI 43-101 compliant near-surface silver resource published by an independent QP (details: Measured & Indicated and Inferred silver resources were reported in the Company’s technical disclosure; investors are encouraged to review the full technical report available on SEDAR+ for tonnage, grade, and methodology).

• Passiflora Porphyry Target: Historical and modern drilling indicate extensive hydrothermal alteration consistent with a large porphyry system. Recent drilling by Viscount (hole PF-23-03A) intersected 843.9 metres of continuous copper-gold mineralization averaging 0.214% CuEq, including multiple higher-grade zones such as 189 m at 0.326% CuEq and 45 m at 0.417% CuEq (as previously disclosed in the Company’s August 14, 2025 press release prepared with the assistance of Mr. Harald Hoegberg). The Company interprets this as being on the periphery of a potentially larger intrusive centre. Mineralization remains open in multiple directions.

Cherry Creek Project — Nevada

The Cherry Creek project covers 219 unpatented and 9 patented claims in a well-known historic mining district approximately 50 miles north of Ely. The property includes more than 20 past-producing mines and hosts several styles of mineralization, including silver-gold veins, carbonate-replacement (CRD) zones, jasperoids, and porphyry-related alteration. The district is 100% controlled by Viscount and is considered highly prospective for multi-metal discoveries within the broader mineralized system.

Viscount’s strategy is to acquire, explore, and advance high-potential mineral properties through systematic geological work, while continuing to build partnerships that support long-term development.

About Centurion One Capital

Centurion One Capital’s mission is to ignite the world’s most visionary entrepreneurs to conquer the greatest challenges of tomorrow, fueling their ambitions with transformative capital, unparalleled expertise, and a global network of influential connections. Every interaction is guided by our core values of respect, integrity, commitment, excellence in execution, and uncompromising performance. We make principal investments, drawing on the time-honored principles of merchant banking, where aligned incentives forge enduring partnerships. Centurion One Capital: A superior approach to investment banking.