Shine Minerals Clarifies Private Placement Closed Without TSXV Approval

• Shine Minerals clarified that its $ 1.5 million private placement closed without TSXV approval.
• It also issued 2,000,000 common shares to repay C$ 120,000 in shareholder promissory notes without TSXV acceptance.
• Related Party Notes totaling $ 395,100 remain outstanding, carry 10% annual interest and were not accepted by the TSXV.
• Payments without TSXV acceptance included $ 109,786.96 from private placement proceeds and $ 395,100 from Related Party Notes.
• The proposed Red Cloud Silver transaction remains subject to regulatory approvals; a finder’s fee of up to 1,000,000 common shares is payable.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shine Minerals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610261805NEWSFILECNPR____20261026_321078_1) on October 26, 2026, and is solely responsible for the information contained therein.