KORE Mining Provides Update on Management Cease Trade Order

July 11, 2025 — NewsWall — KORE Mining Ltd. (TSXV: KORE) has updated the status of a management cease trade order (MCTO) granted on May 1, 2025, by the British Columbia Securities Commission under National Policy 12-203. The MCTO was issued due to a delay in filing its financial statements and accompanying management’s discussion and analysis for the fiscal year ended December 31, 2024.

The company announced on May 1 and May 29, 2025, that it would delay filing its annual financial statements. The audit is progressing, and a further update on the timing of the Annual Filings will be provided on or about July 14, 2025. The company is also progressing on completion of its Interim Filings and will provide a further update on or about July 14, 2025. Further updates will be provided as necessary.

During the MCTO, the general investing public can still trade in the company's listed common shares. However, the company's chief executive officer and chief financial officer cannot trade in the company's common shares.

The company confirms that it intends to satisfy the provisions of NP 12-203 and will continue to issue bi-weekly default status reports for so long as it remains in default of the Annual Filings requirement.

KORE Mining is focused on responsibly creating value from its portfolio of gold assets in California, USA. The Company is advancing the Imperial project towards development while continuing to explore across both district-scale gold assets.

Contact: James Hynes, Executive Chairman and CEO, (888) 407-5450, info@koremining.com

Source: KORE Mining