July 21, 2026
Vancouver, British Columbia – July 21, 2026 – TheNewswire - Karus Mining Inc. (“Karus” or the “Company”) is pleased to announce that its common shares have been approved for listing on the Canadian Securities Exchange (the “CSE”). The common shares are expected to commence trading on the CSE under the ticker symbol KARU as of market open on July 22, 2026.
Karus Mining is a British Columbia-focused gold exploration company advancing a portfolio of district-scale assets in two of the province's most prospective gold regions. The Company owns the approximately 995 km² South Cariboo Gold District, home to the FG Gold and Gold Creek exploration projects, as well as the high-grade Mineral Creek project on Vancouver Island.
“Listing on the CSE is a significant milestone for Karus, increasing our visibility and supporting our next phase of growth as we commence our 2026 exploration program,” said Andrew Kaip, Interim CEO. “With two district-scale gold projects in British Columbia, a strong technical foundation, and multiple opportunities for resource growth and new discoveries, Karus is well positioned to create long-term value. As we advance exploration across our portfolio, we believe the Company offers investors a compelling opportunity to participate in the growth of an emerging gold company at an attractive stage of its development.”
About Karus Mining
Karus Mining is a British Columbia-focused gold exploration company advancing a portfolio of district-scale gold assets in two of the province's most prospective mineral belts. The Company’s strategy is to create long-term shareholder value through the systematic exploration, resource growth and new gold discoveries.
Karus is the 100% owner of the approximately 995 km² South Cariboo Gold District, which includes the FG Gold and Gold Creek projects. The underexplored district hosts multiple gold systems, numerous high-priority exploration targets and extensive strike potential, providing significant resource and discovery potential.
The Company also owns the high-grade Mineral Creek Gold Project, located approximately 12 kilometres southeast of Port Alberni on Vancouver Island. Mineral Creek hosts multiple high-grade gold-bearing vein systems and represents an additional opportunity to unlock value within an emerging gold-district.
With a strong technical team, substantial historical exploration investment across its projects, and an active exploration strategy, Karus is well positioned to capitalize on the growing demand for high-quality gold exploration opportunities. The Company offers investors exposure to multiple discovery opportunities, district-scale land packages, and significant long-term growth potential in one of the world's premier mining jurisdictions.
ON BEHALF OF KARUS MINING INC.
Andrew Kaip
Interim Chief Executive Officer
For more information, please contact Karus Investor Relations:
Info@karusmining.ca
Suite 1100 – 1111 Melville Street, Vancouver, BC V6E 3V6
Cautionary Statement on Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Forward-looking information contained in this news release includes but is not limited to information concerning the date the Company’s common shares are expected to commence trading on the CSE.
Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made and is inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include risks relating to the exploration and development of mineral properties, including but not limited to adverse environmental and climatic conditions, unusual and unexpected geologic conditions and equipment failures; health, safety and environmental risks and hazards to which the Company’s operations are subject; access to financing; increases in costs of labour and other consumables; availability of workforce and equipment; risks relating to partial ownerships and/or joint ventures at the Company’s operations; risks relating to the acquisition, holding and renewal of title to mineral property rights and permits; changes to the mining legislative and regulatory regimes; limitations on insurance coverage; risks relating to illegal and artisanal mining; the Company’s compliance with anti-corruption laws; cost overruns; competition in the precious metals mining industry; fluctuations in gold price; potential legal disputes; potential labour disputes; risks related to labour and employment relations; risks related to third-party contractor arrangements; the impact of global financial, economic and political conditions, global liquidity, interest rates, inflation and other factors on the Company’s results of operations; force majeure events; possible conflicts of interest of directors and officers of the Company; the reliability of the Company’s disclosure and internal controls; risks in connection with information systems including cyber attacks; as well as other risk factors disclosed in the Company’s disclosure filings on SEDAR+ at www.sedarplus.ca.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to not be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s plans and objectives with respect to timing for listing on the CSE and exploration plans at its mineral exploration projects and may not be appropriate for other purposes.
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