Vanguard Mining closes $439,990 private placement

Mr. David Greenway reports VANGUARD MINING ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT OF FLOW-THROUGH UNITS TO ADVANCE CRITICAL MINERAL ASSET PORTFOLIO Vanguard Mining Corp. has closed its previously announced non-brokered private placement of 2,933,267 flow-through (FT) units of the company at a price of 15 cents per FT unit for gross proceeds of $439,990.05. Each FT unit consists of one common share of the company that qualifies as a flow-through share for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant of the company. Each whole warrant is exercisable to purchase for one common share of the company to be issued on a non-flow-through basis at an exercise price of 22 cents for a period of 18 months from the closing of the FT offering, subject to acceleration of the expiry date to 30 days in the event that the price of the company's common shares trades at or above 32 cents for five consecutive trading days. David Greenway, chief executive officer of Vanguard Mining, commented: "We are very pleased to have closed this financing and are energized by the strong level of support from our investors. With a busy exploration and development season ahead across our highly prospective uranium and critical mineral projects, Vanguard is well positioned to unlock significant value. As the world focuses on strengthening the energy transmission supply chain and reshoring the domestic supply of critical minerals, we believe the coming period will be one of the most transformative and exciting chapters in the company's history, both for Vanguard and for our stakeholders." In connection with the FT offering, the company paid aggregate cash finders' fees of $2,400 and issued an aggregate of 16,000 non-transferable finders' warrants. Each finder's warrant entitles the holder to acquire one common share in the capital of the company at a price of 22 cents each for a period of 18 months from the date of issuance, all in accordance with the policies of the Canadian Securities Exchange. The company intends to use the proceeds from the FT units to incur exploration expenditures on the company's resource claims in the province of British Columbia and will constitute Canadian exploration expenses as defined in the Income Tax Act (Canada). The securities issued and issuable under the FT offering are subject to a hold period of four months and one day following the closing date of the FT offering. About Vanguard Mining Corp. Vanguard is a Canadian mineral exploration company focused on the discovery and development of high-value strategic minerals. The company is currently advancing uranium exploration projects in the United States and Paraguay, with a focus on identifying and developing assets critical to the global energy transition. Vanguard is committed to responsible exploration and value creation through the acquisition and advancement of highly prospective uranium properties. We seek Safe Harbor.