Inzinc Mining CEO Hubert acquires five million units

• Inzinc Mining Ltd. closed a non-brokered private placement on April 17, 2026, raising aggregate gross proceeds of $1,047,000 CAD.
• The financing consisted of flow-through shares at $0.08 and non-flow-through units at $0.05, with warrants attached to the units expiring in April 2028.
• CEO Wayne Hubert acquired 5,000,000 units at $0.05 per unit, increasing his beneficial ownership from approximately 9.95% to 12.27%.
• Proceeds are designated for a 2026 diamond drilling program at the Indy Project in British Columbia, expected to commence mid-May 2026.
• The financing was announced on March 24, 2026, with an expected closing around April 9, 2026; actual closing occurred April 17, 2026.
• Directors and senior officers subscribed for a total of 687,500 flow-through shares and 6.4 million units as part of the offering.

• The financing closure confirms execution of previously announced plans (March announcement), making it largely expected rather than unexpected market-moving news.
• CEO insider acquisition at $0.05 represents a discount to the current trading price of $0.07, signaling management confidence in the asset's value relative to the market.
• The capital raise secures funding for the next phase of drilling (mid-May 2026), de-risking immediate operational continuity but does not alter the geological thesis established by November 2025 results.
• Dilution is significant; approximately 17.3 million new securities were issued against ~123 million outstanding shares, increasing fully diluted share count by roughly 14%.
• The news validates the company's ability to raise capital in a volatile market but does not introduce new geological data or resource estimates that would fundamentally change valuation multiples.

• Inzinc Mining Ltd. is an exploration-stage company focused on discovering near-surface, high-valued mineral resources in British Columbia.
• Flagship Project: Indy Sedex Project (100% owned), located ~90 km SE of Prince George, BC.
• Target Minerals: Zinc, lead, silver, and gallium within a Sedex-style deposit system analogous to the Selwyn Basin.
• Infrastructure: Project has road, rail, power, port, and smelter access nearby, reducing development risk compared to remote jurisdictions.
• Tenure: Covers ~200 km² with a 30 km strike length; only ~10% of the main trend has been drill tested to date.