Pacific Imperial Announces Amended Debt Settlement

Vancouver, British Columbia – TheNewswire - August 26, 2026 – Pacific Imperial Mines Inc. (TSX.V: PPM) (“ Pacific Imperial ” or the “ Company ”) announces that, further to its press release dated March 5, 2026, it has amended the terms of its proposed debt settlement with Chris McLeod (CEO and director of the Company) and Peter Holbek (director of the Company) (collectively, the “ Creditors ”) to fully settle debt owed by the Company to the Creditors in the aggregate amount of $149,306.59 for outstanding loans owing to Mr. McLeod and Mr. Holbek and for outstanding fees owing to Mr. Holbek (DBA Viking GeoScience) for geological services, by issuing an aggregate of 9,953,772 common shares of the Company to the Creditors at a deemed price of $0.015 per common share (the “ Debt Settlement ”). The Debt Settlement is subject to the approval of the TSX Venture Exchange (the “ Exchange ”) . The shares to be issued to the Creditors will be subject to a hold period expiring on the date that is four months and one day after the date of issuance in accordance with the policies of the Exchange. The participation of the Creditors in the Debt Settlement, in the amount of 8,022,041 common shares t

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