Auriginal Mining closes $4.79-million financing

Mr. Peter Cashin reports AURIGINAL MINING CORP. CLOSES PRIVATE PLACEMENT FOR OVER $4.8 MILLION Auriginal Mining Corp., further to its news release dated Nov. 18, 2025, has closed its non-brokered private placement for aggregate gross proceeds of approximately $4,798,542. Four insiders of the company participated in the offering (directly or indirectly) for aggregate gross proceeds of $165,500. Participation by insiders of the company in the offering constitutes a related party transaction as defined in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company has relied on exemptions from the formal valuation and minority shareholder requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101, on the basis that neither the fair market value of the securities issued under the offering to the insider, nor the fair market value of the consideration paid by the insider, exceeded 25 per cent of the company's market capitalization. Under the offering, the company issued and sold 2,221,428 regular units at a price of seven cents per regular hard-dollar unit, 36,164,752 flow-through (FT) shares at a price of nine cents per FT share and 12,071,429 charity flow-through units at a price of 11.5 cents per charity FT unit. Each charity FT unit consists of one common share of the company and one-half of one common share purchase warrant, each of which will qualify as a flow-through share pursuant to the Income Tax Act (Canada) and the Taxation Act (Quebec). Each warrant is exercisable by the holder to acquire one common share at a price of 12 cents for a period of 24 months following the closing date of the offering. Each regular hard-dollar unit consists of one common share and one-half of one common share purchase warrant. Each regular warrant is exercisable by the holder to acquire one common share at a price of 12 cents for a period of 24 months following the closing date of the offering. The securities issued pursuant to the offering will be subject to a four-month hold period under applicable securities laws. The company will use the gross proceeds from the issue and sale of the FT shares and charity FT units to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures as both terms are defined in the Income Tax Act (Canada) on the company's flagship Roger project, located in the Chibougamau district in Quebec. The qualifying expenditures are to be incurred on or before Dec. 31, 2026, and the company will renounce all the qualifying expenditures in favour of the subscribers of the FT shares and charity FT units effective Dec. 31, 2025. In connection with the offering, the company paid certain persons finders' fees consisting of cash payments of up to $219,257, representing up to 7 per cent of the aggregate proceeds raised by the finders, and up to 2,311,353 non-transferable warrants, representing up to 7 per cent of the number of FT units and charity FT units sold to subscribers introduced to the company by the finders. A total of 1,712,928 of the finders' warrants are exercisable by the holder to acquire one common share at a price of nine cents for a period of 24 months following the closing date of the offering. A total of 598,425 of the finders' warrants are exercisable by the holder to acquire one common share at a price of 12 cents for a period of 24 months following the closing date of the offering. The finders' warrants are subject to a four-month hold period under applicable securities laws. Final satisfaction of the finders' fees is subject to TSX Venture Exchange acceptance. About Auriginal Mining Corp. Auriginal is a Quebec-focused copper and gold company with one of the province's largest and most diversified exploration portfolios. Its 100-per-cent-owned flagship Roger project, located in the Chibougamau district, hosts a known gold-copper deposit with strong potential to host volcanic-hosted polymetallic massive sulphide deposits. With a diversified pipeline of greenfield projects across Quebec's best-known mining regions and backed by the Ore Group's proven exploration and capital markets team, Auriginal has a clear focus on discovery and growth for copper, zinc and gold. The company is well positioned to immediately execute an aggressive exploration and acquisition strategy and attract broader market attention. We seek Safe Harbor.