Venerable Ventures resumes trading

Mr. Colin Joudrie reports SELKIRK COPPER MINES INITIATES TRADING The common shares of Venerable Ventures Ltd. (doing business as Selkirk Copper Mines Inc.) will resume trading on the TSX Venture Exchange under the new ticker symbol SCMI at the opening of markets today. Trading resumes following the completion of the company's previously announced reverse takeover transaction involving the acquisition of a 100-per-cent interest in the former Minto copper-gold-silver mine in Yukon from the Selkirk First Nation affiliates. Details of the transaction, including information on the resulting issuer, are provided in the company's news release dated Oct. 29, 2025, and in its filing statement available under the company's profile on SEDAR+. Corporate update The company, which will continue to use the legal name, Venerable Ventures, until completion of its pending name change to Selkirk Copper Mines, is advancing a comprehensive restart plan for the former Minto copper-gold-silver mine in partnership with the Selkirk First Nation. Current priorities include a 50,000-metre drill program, trade-off studies and feasibility study work, updated mine plans, and permitting to support a potential restart decision in early 2027. About the Selkirk First Nation The Selkirk First Nation is centred in Pelly Crossing, a community in central Yukon, 280 kilometres north of Whitehorse. It is a self-governing first nation, having signed its final and self-government agreements in 1997. Selkirk owns 4,740 square kilometres of settlement land, including 2,408 square kilometres, where Selkirk owns both the surface and subsurface. The Selkirk First Nation is one of three self-governing Northern Tutchone First Nations in Yukon. The Selkirk First Nation indirectly holds a controlling equity stake in Selkirk Copper. About Venerable Ventures Ltd. (doing business as Selkirk Copper Mines Inc.) Selkirk Copper is a well-financed, newly formed company with a controlling interest held by the Selkirk First Nation, which, in partnership with the Selkirk First Nation, is completing a thorough exploration drilling campaign and a restart and redevelopment plan for the former Minto copper-gold-silver mine, based on best-in-class environmentally sustainable mining, development and reclamation practice. Selkirk Copper controls 26,850 hectares of prospective mineral claims located in the Minto-Carmacks copper belt, as well as significant open-pit and underground infrastructure, a 4,100-tonne-per-day processing plant, a 400-person camp, water treatment facilities, numerous ancillary buildings, and mobile equipment centred on the former Minto copper-gold-silver mine. Selkirk Copper's mineral tenure, operation infrastructure, access roads and power line are located on or adjacent to lands of the Selkirk First Nation, much of which is surrounded by prospective Selkirk First Nation Category A lands. We seek Safe Harbor.