Candelaria Mining Provides Update on Management Cease Trade Order

Vancouver, B.C. — October 10, 2025 — Leads & Copy — Candelaria Mining Corp. (TSX-V: CAND.H, OTC PINK: CDELF) has updated its previously disclosed management cease trade order (“MCTO”), initially announced on August 29, 2025. The order pertains to the audited annual financial statements and management's discussion and analysis for the year ended April 30, 2025, including CEO and CFO certifications. These filings were not submitted by the required deadline of August 28, 2025, due to the auditors needing more time and challenges updating the company's accounts after disposing of certain Mexican subsidiaries.

The company anticipates filing the Annual Financial Filings on or before October 17, 2025, and will provide updates as more information becomes available. Until the filings are complete, the MCTO remains in effect. Candelaria Mining will also issue bi-weekly default status reports according to National Policy 12-203 and intends to meet Alternative Intonation Guidelines during the default period. The company confirms no undisclosed material business developments or information.

Héctor Félix González Ramirez is the CEO and Director. Omar García Abrego, CFO, can be reached at +1 (604) 369-2928 or info@candelariamining.com.

Source: Candelaria Mining Corp.