MARKET WIRE NEWS

West Mining Provides Corporate Update

Source: TheNewsWire

(TheNewswire)

 

Vancouver, BC TheNewswire - January 26,2026 – West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) (FRA: 1HL) is pleased to provide acorporate update respecting certain Company matters. First, Westannounces Mr. Rachit “Shaun” Saini to Company’s Board ofDirectors. Shaun has over 10 years of experience helping businessesscale their operations to improve customer satisfaction and driverevenue growth. His expertise lies in creating innovative solutionsthat address complex business challenges and has a proven record ofdelivering measurable results. Mr. Saini has also successfully raisedsignificant capital for various start-up ventures.

 

West also announces that the option agreement (the“Upside Option Agreement”) with Upside Gold Corp. (the“Optionee” or “Upside”) dated as of January 20, 2025, pursuantto which West granted Upside an option to acquire a 100% interest inand to the Company’s Kena Property (subject to certain underlyingnet smelter return royalties), has been amended. Under the amended Upside OptionAgreement, the aggregate cash payments ($2,000,000), share issuances(aggregate deemed value of $3,000,000 of Upside shares) andexploration expenditures ($3,500,000 on or before January 20, 2028)are unchanged. However, the timing of certain of the cash payments andshare issuances have changed, with the amended timing being asfollows:  

  1. aggregate cash paymentsof $2,000,000: $398,750 on or before September 1, 2025; an additional$851,250 on or before January 20, 2027; and an additional $750,000 onor before January 20, 2028; and 

  2. issuance of an aggregateof $3,000,000 worth of common shares of Upside to West: 100,000 UpsideShares at a deemed price of $0.20 per share, having an aggregatedeemed value of $20,000 on September 1, 2025; an additional $500,000 worth ofshares on or before January 20, 2026; an additional $980,000 worth ofshares on or before February 19, 2026; anadditional $500,000 worth of shares on or before January 20, 2027; andan additional $1,000,000 worth of shares on or before January 20,2028). 

The Company also advises that it has relinquished itsoption to acquire two mineral claims pursuant to an option agreementdated as of October 15, 2024 (see the Company’s news releases datedOctober 15 and 21, 2024, and April 16, 2025 for further details). Westconfirms that, despite this surrender of its option to these twoancillary claims, the Company continues to hold a 100% interest in andto the mineral claims comprising its Junkers Property in north-centralBritish Columbia and its Spanish Mountain West Property in centralBritish Columbia.

About West Mining Corp.

 

West Mining Corp. is a mineral exploration companycurrently exploring for copper, gold and silver on its 100% ownedJunkers Property in north-central British Columbia and its 100% ownedSpanish Mountain West Property in central British Columbia. WestMining also holds a 100% interest in the Kena Property, which it hasoptioned to Upside Gold Corp.

 

For additional information, please refer to the Company’s public disclosure record  available on SEDAR+ at www.sedarplus.com.

 

West Mining Corp.

Nader Vatanchi

778-881-4631

[email protected]

 

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The Canadian Securities Exchange accepts no responsibilityfor the adequacy or         accuracy of this release.

 

Certain statements contained in thispress release constitute “forward-looking information” as suchterm is defined in applicableCanadian securities legislation. The words “may”, “would”,“could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”,“anticipate”, “believe”, “estimate”, “expect” andsimilar expressions as they relate to the Company, are intended to identify forward-looking information. Allstatements other than statements of historical fact may beforward-looking information. Such statements reflect the Company’scurrent views and intentions with respect to future events, and current informationavailable to them, and are subject to certain risks, uncertainties and assumptions, including, without limitation: the potential of theCompany’s mineral properties; the estimation of capital requirements; the estimation ofoperating costs; the timing and amount of future businessexpenditures; and theavailability of necessary financing.Many factors could cause the actual results,performance or achievements thatmay be expressed or implied by suchforward-looking information to vary from those described herein shouldone or more of these risks oruncertainties materialize. Such factors include but are not limitedto: changes in economic conditions or financial markets; increases in costs; litigation;legislative, environmental and other judicial,regulatory, political andcompetitive developments; and exploration or operational difficulties. This list is notexhaustive of the factors that mayaffect forward-looking information. These and other factors should beconsidered carefully,and readers should not place undue reliance on such forward-lookinginformation. Should any factor affect the Company in an unexpected manner, orshould assumptions underlying the forward-looking informationprove incorrect, the actualresults or events may differ materially from the results or eventspredicted. Any such forward- looking information is expressly qualified in its entirety by thiscautionary statement. Moreover, the Company does not assume responsibility forthe accuracy or completeness ofsuch forward-looking information. The forward-looking information includedin this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update orrevise any forward-lookinginformation, otherthan as required by applicable law.

 

Copyright (c) 2026 TheNewswire - All rights reserved.

West Mining Corp.

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