Carolina Reschedules Special Shareholder Meeting for November 26, 2025

Toronto, Ontario--(Newsfile Corp. - October 15, 2025) - Further to its news release of October 1, 2025, Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") is pleased to announce that it has rescheduled its special meeting of shareholders (the "Meeting"), to November 26, 2025, at 11:00 a.m. (Toronto time). The Meeting will be held in connection with the Company's proposed transaction with OceanaGold Corporation ("OceanaGold") to be completed pursuant to a earn-in to joint venture agreement (the "OceanaGold Agreement") executed on September 15, 2025 between the Company, Pancon Resources Carolinas Corporation (formerly Palmetto Mining Corporation) ("Pancon Carolinas"), a wholly-owned subsidiary of the Company, and OceanaGold Minerals U.S. Inc. ("OceanaGold"), a wholly-owned subsidiary of OceanaGold.

Carolina Rush President and CEO Layton Croft stated: "We are pleased to move forward with this important shareholder meeting now that Canada Post workers have ended their nationwide strike and mail delivery has largely resumed. We look forward to the opportunity to secure shareholder approval and commence deep drilling in partnership with OceanaGold at our Brewer Gold-Copper Project in South Carolina."

Further details will be provided in the Company's management information circular, to be filed on SEDAR+ (www.sedarplus.ca) and mailed to shareholders in due course.

About Carolina Rush
Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) is a Southeastern U.S.-focused exploration company advancing its 100%-owned Brewer Gold-Copper Project in South Carolina. Brewer is a large, underexplored system with the potential to host both near-surface epithermal and deeper porphyry-style mineralization. Brewer is located 13 km from OceanaGold's producing Haile Gold Mine, which has 2025 production guidance of 170,000-200,000 ounces of gold (source: www.oceanagold.com).

For further information, please contact:
Layton Croft, President and CEO
or
Jeanny So, Corporate Communications Manager
E: [e-mail]
T: +1.647.202.0994

For additional information please visit our website at http://www.TheCarolinaRush.com/ and our X feed: https://twitter.com/TheCarolinaRush.

Completion of the proposed transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and shareholder approval by special resolution. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.