Vancouver, B.C., October 13, 2026 – Ximen Mining Corp. (TSX.v: XIM) (FSE: 1XM) (OTC: XXMMF) (the “Company” or “Ximen”) announces that it has closed the private placement previously announced on September 18, 2026. The private placement was over subscribed and consisted of 4,393,000 units of the Company (the “Units”) at a price of $0.08 per Unit for gross proceeds of up to $351,440. (the “Offering”). Each Unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 18 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.12 per share.

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The net proceeds from the Offering will be used by the Company for exploration expenses on the Company’s British Columbia mineral properties and general working capital. All securities issued in connection with the placement closing will be subject to a hold period expiring on February 10, 2027. No finder fees were paid on this placement. The closing of the private placement financing is subject to final TSX-V approval.
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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