Kintavar Announces Private Placement

Toronto, Ontario--(Newsfile Corp. - November 18, 2025) - Kintavar Exploration Inc. (TSXV: KTR) (FSE: 58V) ("Kintavar" or the "Company") is pleased to the Company intends to complete a financing by way of non-brokered private placement to advance a drill program on its Roger Project. Recent downhole EM surveys have outlined multiple moderate to strong off-hole conductors consistent with the Company's Cu-Zn-Au-Ag VMS model. Proceeds will be used to initiate drilling on the strongest anomalies.

Drilling is planned for early 2026 to test the conductors and confirm the source of the sulphide responses. With the latest results strengthening the VMS interpretation and highlighting a cohesive geological framework, the private placement positions Kintavar to advance a focused program and further evaluate the project's base-metal potential.

Kintavar's intention is to raise up to $5 million (the "Maximum Amount") through a non-brokered private placement (the "Offering"). The Offering will consist of charity flow-through units ("Charity FT Units") priced at $0.115 per unit and flow-through common shares ("FT Shares") priced at $0.09 per share, for aggregate gross proceeds of up to the Maximum Amount. The Company may accept any combination of Charity FT Units and FT Shares, up to the Maximum Amount. All figures are in Canadian dollars unless otherwise stated.

Each Charity FT Unit will consist of one common share ("Charity FT Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant") of the Company. Each Charity FT Share and each Warrant which will qualify as a "flow-through share" for purposes of the Income Tax Act (Canada) (the "Tax Act") and the Taxation Act (Québec) (the "Québec Tax Act"). Each Warrant is exercisable to acquire one non-flow through common share of the Company at $0.12 per common share at any time prior to the day that is 24 months from the Closing Date.

Each FT Share will also qualify as a "flow-through share" for purposes of the of the Tax Act and Québec Tax Act.

The closing of the Offering is expected to occur on or about December 9, 2025 (the "Closing Date") and is subject to customary closing conditions and regulatory approvals, including the approval of the TSX Venture Exchange Inc. (the "TSXV").

The gross proceeds raised from the issuance of the FT Shares and Charity FT Units will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Tax Act to advance exploration on the Roger Copper-Gold Project (the "Roger Project").