Omineca Announces Closing of Concurrent Non-Brokered Private Placements

SASKATOON, SK – October 28, 2026 – TheNewswire – Omineca Mining and Metals Ltd.’s (TSXV: OMM) (“ Omineca ” or the “ Company ”) announces that it has completed its non-brokered private placement offerings of: (i) 15,202,000 common share units of the Company (the “ Units ”) at a price of $0.05 per unit for gross proceeds of $760,100; and (ii) 8,998,333 flow-through units of the Company (the “ FT Units ”) at a price of $0.06 per flow-through unit for gross proceeds of approximately $539,900. The aggregate amount raised was $1,300,000. Each Unit issued consists of one common share of the Company (a " Share ") and one common share purchase warrant (a " Warrant "). Each FT Unit issued consists of one common share issued as a "flow-through share" under the Income Tax Act (Canada) and one-half of one Warrant. The 19,701,167 Warrants issued each entitle the holder to purchase one additional common share at an exercise price of $0.07 until October 28, 2028. The Company intends to use the gross proceeds from the sale of FT Units to incur eligible Canadian exploration expenses that qualify as “flow-through mining expenditures” under the Income Tax Act (Canada) on the Company’s Wingdam Lode Gol

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