CANADA ONE ANNOUNCES $750,000 PRIVATE PLACEMENT

Vancouver, Canada, July 09, 2024 – Canada One Mining Corp. (“Canada One” or the “Company”) (TSXV: CONE, OTC: COMCF) is pleased to announce a non-brokered private placement (the “Private Placement”) consisting of up to 37,500,000 units of the Company, (each, a “Unit”), at a price of $0.02 per Unit.

Each Unit will consist of one (1) common share in the capital of the Company (each, a “Common Share”) and one (1) whole Common Share purchase warrant (each, a “Warrant”). Each Warrant will be exercisable into one (1) Common Share (each, a “Warrant Share”) at a price of $0.05 per Warrant Share for a period of three (3) years after the closing date of the Private Placement (the “Closing Date”).

The Company intends to use the net proceeds of the Private Placement to fund its exploration and development of the Company’s properties, extinguish liabilities and payables and for general administrative and working capital expenses. It is estimated that up to 10% of the net proceeds may be used to pay investor relations or market making services. It is also estimated that up to 10% of the net proceeds may be used to pay non-arms length parties. The Company may pay finder’s fees as permitted by the policies of the TSXV and applicable securities laws.

The Private Placement is expected to close on or about August 23^rd, 2024, subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the TSXV.

The Company’s previously announced private placement on April 15, 2024 has been cancelled.

The Company also wishes to correct the terms of its CM1 copper property (the “Property”) option first announced October 26, 2023. The work expenditure requirements on the Property are as follows:

incur $30,000 in expenditures on the Property before October 15, 2024;
incur a further $75,000 in expenditures on the Property before October 15, 2025; and
incur a further $100,000 in expenditures on the Property before October 15, 2026.

For further information, interested parties are encouraged to visit the Company’s website at canadaonemining.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

1 877 844 4661

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.