Vancouver, BC – March 20, 2026 – TheNewswire – Germanium Mining Corp. (the “Company”) (CSE: GMC; OTCQB: EMSKF; FSE: YW0) is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to $1,350,000 (the “Offering”) consisting of the issuance of: i. up to 3,125,000 units (each, a “Unit”) at $0.24 per Unit, and ii. up to 1,875,000 common shares in the share capital of the Company on “flow-through” basis (each, a “FT Share”) at $0.32 per FT Share, within the meaning of the Income Tax Act (Canada).

Each Unit will be comprised of one common shares in the capital of the Company (each, a “Common Share”) and one Common Share purchase warrant ( a “Warrant”). Each Warrant will entitle the holder to purchase one additional Common Share (a “Warrant Share”) for a period of 24 months from the issue date at an exercise price of $0.32 per Warrant Share.

The proceeds from the sale of the FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow-through critical mineral mining expenditures” as such terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures“) related to the Company’s projects in Quebec. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Shares effective December 31, 2026. The Company intends to use the net proceeds from the Units for general corporate and working capital purposes. The Units and FT Shares will be issued by way of a private placement pursuant to exemptions from prospectus requirements under applicable securities laws. The securities issuable pursuant to the Offering are subject to resale restrictions, including a hold period of four months and one day from the date of issuance.

The Company may pay a finder’s fee to arm-length parties on the Offering in accordance with the policies of the exchange. The closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals.

About Germanium Mining Corp.

Germanium Mining Corp. is a publicly traded mineral exploration company focused on the exploration and advancement of discovery-stage mineral properties in top tier mining jurisdictions across North America. Germanium Mining Corp. is a member of the Nevada Mining Association. Make sure to follow the Company on X.com & Linkedin as well as subscribe for Company updates at www.germaniummining.com.

For further information, please contact:

Phone: 604-717-6605
Corporate e-mail: info@germaniummining.com
Website: www.germaniummining.com
Corporate Address: 2905 – 700 West Georgia Street, Vancouver, BC, V7Y 1C6

The securities of the Company referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward-Looking Information:

Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 – Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may also be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the anticipated use of proceeds from the Offering. All forward-looking information contained in this press release is given as of the date hereof and is based on the opinions and estimates of management and information available to management as of the date hereof.

These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding commodity prices, market conditions, availability of financing to the Company on acceptable terms, gross proceeds are used in accordance with the Tax Act, general economic factors, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.