Viscount shares upgrade to OTCQX

• Viscount Mining Corp has successfully upgraded its common shares from the OTCQB Venture Market to the OTCQX Best Market, effective April 28, 2026.
• Trading symbol changed to VLMGF on the OTC Markets Group.
• The upgrade reflects compliance with enhanced financial standards and disclosure requirements intended for U.S. investors.
• Company continues to advance exploration at Silver Cliff (Colorado) and Cherry Creek (Nevada).
• Highlights include 843.9 metres of continuous gold-copper mineralization at the Passiflora target and a NI 43-101 compliant silver resource at Kate Deposit (~24 Moz Ag).

• The OTCQX upgrade is a positive administrative milestone that improves liquidity access and credibility with U.S. institutional investors, but it does not immediately alter the company's asset base or cash position.
• Given the stock price has declined approximately 64% from its July 2025 peak ($1.21) to current levels ($0.43), despite previous financing and drilling announcements, the market appears skeptical of near-term value realization.
• The upgrade is likely priced in following the March 2026 financing which was intended to fund exploration leading up to this compliance milestone; therefore, it lacks the "unexpected" element required for a Material - Positive rating.
• No new resource estimates or major capital raises were announced alongside this specific release, limiting immediate upside potential relative to market cap size.

• Company Strategy: Focus on district-scale projects in mining-friendly jurisdictions (Colorado, Nevada) with existing infrastructure.
• Flagship Project: Silver Cliff Project (Colorado), comprising the Kate Deposit (Silver) and Passiflora Target (Gold-Copper Porphyry).
• Kate Deposit: NI 43-101 compliant resource of ~24 Moz Ag; near-surface epithermal system with potential for open-pit mining.
• Passiflora Target: Significant drilling intersected 843.9m continuous gold-copper mineralization (avg 0.214% CuEq); interpreted as a large-scale porphyry system open in all directions.
• Secondary Project: Cherry Creek (Nevada) with carbonate replacement and tungsten potential; exploration planned for later in 2026.