CORRECTION - Pasinex Appoints Experienced Mining Executive and Provides Corporate Update

Leadership Changes - Ian D Atacan appointed as Chief Financial Officer and Corporate Secretary effective January 1 2025 replacing Andrew Gottwald who resigned effective December 31 2024 [3] - Aydın Şen appointed as General Manager of Pasinex AŞ bringing over 20 years of mineral exploration and management experience [5] - Özlem Altunal appointed as Financial Manager of Pasinex AŞ with over 20 years of accounting experience including managing operations for Horzum AŞ [6] Strategic Developments - Pasinex secured an option to acquire 100% of the Sarikaya License in Kayseri province Türkiye which holds high-grade zinc potential and is currently being mined on a small scale [8] - JC Professional Corporation appointed as the new independent registered auditor of Pasinex effective December 10 2024 replacing MNP LLP [9] Corporate Governance - Pasinex will hold its Annual General Meeting on February 14 2025 where shareholders will vote on audited financial statements director elections and auditor appointment [11] - Four candidates nominated for the Board of Directors including Ian D Atacan who is standing for election for the first time [12] Compensation - Pasinex granted an aggregate of 2 500 000 stock options to directors officers and key employees effective January 2 2025 with options vesting immediately exercisable at $0 04 per share and expiring in five years [13] Company Overview - Pasinex Resources Limited is a Toronto-based mining company focused on high-grade zinc-lead-silver properties in Türkiye and Nevada owning 50% of Horzum Maden Arama ve İşletme Anonim Şirketi which holds the producing Pinargozu high-grade zinc mine [14]