CANADA ONE ACQUIRES ADDITIONAL PROPERTIES, SOUTH OF COPPER MOUNTAIN MINE, PRINCETON, BRITISH COLUMBIA

Vancouver, B.C., October 11, 2023 – Canada One Mining Corp. (“Canada One” or the “Company”) (TSXV: CONE) (OTC: COMCF) (FSE: AU31) is pleased to announce it has entered into an agreement (the “Agreement”), pursuant to which the Company has agreed to acquire two additional properties (each, a “Property” and collectively, the “Properties”) from an arm’s length vendor. The Properties are located south of the producing Copper Mountain Mine and adjacent to the Company’s Copper Dome Project.

The first Property is located directly south and adjacent to Copper Dome’s Meal Ticket claim which has been relatively un-explored. There is one known silver (Ag) showing at Meal Ticket which is of interest for exploration follow up.

The second Property is located immediately south and adjacent to Copper Dome’s Combination Creek Zone historical drilling. This is a strategic location which will allow the Company to further explore the Combination Creek Zone area for further mineralization.

Mr. Peter Berdusco, President and CEO of Canada One commented: “Highly prospective ground south of the Copper Mountain Mine is a rarity. We therefore moved quickly when the opportunity presented itself to increase our land position at Copper Dome.”

Terms of the Agreement

The Agreement provides for the acquisition of the Properties for 1,000,000 common shares (the “Consideration Shares”) of the Company (the “Acquisition”) representing total consideration of $85,000 based on a deemed price of $0.085 per common share. The Consideration Shares will be subject to a statutory hold period expiring four months and one day from the closing of the Acquisition. Completion of the Acquisition remains subject to customary conditions for transactions of this nature and the acceptance of the Acquisition by the TSX Venture Exchange. No finders’ fees or commissions are payable in connection with the Acquisition.

For further information, interested parties are encouraged to visit the Company’s website at Candaonemining.com, or contact the Company by email at ir@strategixir.com, or by phone at 1.877.844.4661.

On behalf of the Board of Directors of

CANADA ONE MINING CORP.

Peter Berdusco

President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for gold, changes in exploration costs and government regulation in Guyana, status of artisanal mining activities and associated rights, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.