Vancouver, BC – April 22, 2025 – TheNewswire - Muzhu Mining Ltd. (CSE:MUZU) (FSE:Y33) (OTCQB:MUZUF) (“Muzhu” or the “Company”) is pleased to announce that the Company has appointed William E. (“Bill”) Thomson to the Board of Directors. Bill is the Managing Partner of Mercana Growth Partners. Bill brings a 60+ year record of achievement completing turnarounds, sourcing private-equity capital for emerging growth companies, and providing critical guidance and advice to help steer businesses through challenging situations towards growth. Prior to 2009, he was President of Thomson Associates Inc. In this capacity, he held interim CEO positions for several companies in a variety of industries.

Bill serves on the boards of Hampton Financial Corp. (HYFC.V) and is Chairman of the Board of Oxygen Working Capital Corp. He also serves as a director for Summitt Energy, Electrical Contacts Ltd., and is Chairman/President for two Not-for-profit organizations: Children International Canada and Goodstack Impact Foundation (Canada). He has acted as a director of many private and public companies including eleven Chinese companies.

 

The Company advises that Aaron Meckler has resigned from the Board of Directors and wishes to thank him for his service.

 

The Company wishes to announce the grant of 1,850,000 incentive stock options at the exercise price of $0.10 cents per common share exercisable for a three-year term expiring April 22, 2028.

 

Dwayne Yaretz, CEO commented: “We are all looking forward to benefiting from the vast experience Bill Thomson can bring to Muzhu Mining by utilizing his global expertise and relationships as we further develop our current and future projects in Quebec and China. On behalf of the Board of Directors I would like to thank Aaron Meckler for his years of service.”

ON BEHALF OF THE BOARD OF DIRECTORS

Dwayne Yaretz,

CEO

Muzhu Mining Ltd. Phone: 778-709-3398

Email: info@muzhumining.ca

Website: muzhumining.ca

Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt, approximately 75km South of Matagami, Quebec. As well, Muzhu has executed two option agreements to acquire up to 80% of the Silver, Zinc, Lead XWG and LMM Properties and is currently pursuing an exploration agreement at the WLG mine, all of which are in the Henan Province located in China.

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.