CANADA ONE ANNOUNCES UP TO $750,000 PRIVATE PLACEMENT

Vancouver, Canada, April 15, 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 50,000,000 units of the Company, (each, a “Unit”), at a price of $0.015 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”). If, at any time following the date that is four-months-and-one-day following the Closing Date, the Common Shares have a closing price on the TSXV Venture Exchange (the “TSXV”) of $0.08 or greater per Common Share for a period of five (5) consecutive trading days, the Company shall have the right to accelerate the expiry date of the Warrants that is at least 60 days following the date of such notice to holders of Warrants.

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. 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 May 26, 2024, subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the TSXV.

For further information, interested parties are encouraged to visit the Company’s profile on SEDAR (www.sedar.com) or contact the Company at info@evolvemgmt.net.

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.