Vancouver, B.C., April 9th, 2026 – Ximen Mining Corp. (TSX.v: XIM) (FSE: 1XM) (OTC: XXMMF) (the “Company” or “Ximen”) is pleased to announce receipt of water licences for its Kenville Gold Mine project near Nelson in southeastern BC.

Mr. Christopher Anderson, CEO Ximen drinking water directly from Kenville portal
The Company reports that it has received two water licenses under the Water Sustainability Act that authorize use of groundwater from a bedrock aquifer. One covers the Venango property, where the new underground portal and decline will be constructed. The other license is for the adjoining Election property.
A water license was required to be in place before construction of the new portal and decline could start. Other works required to be completed before construction can start are an engineered design for a water retention tank system to protect the drainage channel in case of a flood event, and an engineering report on mine site building foundations and road stability. The Company is aiming to break ground for the new underground decline when these last pre-construction requirements are completed.
“Receiving these water licenses is a significant step forward for our team and marks the final stretch before we break ground at Kenville. We are energized by the progress being made and look forward to commencing construction of the new underground decline, which will be a transformative milestone for Ximen and for the Kenville Gold Mine project,” states Mr. Anderson, President, CEO and Director.
Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as defined by NI 43-101, reviewed and approved the technical information contained in this News Release.
On behalf of the Board of Directors,

Christopher R. Anderson,
President, CEO and Director
604 488-3900
Investor Relations | 604-488-3900 | ir@XimenMiningCorp.com
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