Fidelity Minerals launches private placement financing

Vancouver, BC – TheNewswire - August 6, 2026 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“ Fidelity Minerals ” or the “ Company ”) is pleased to announce that it has arranged a non-brokered private placement financing (the "Financing") of up to 2,500,000 units at a price of C$0.20 per unit for total gross proceeds of up to C$500,000. Each unit will consist of one common share and one-half warrant, with each full warrant exercisable into one additional common share at C$0.30 for a period of 24 months after the closing date. If the closing price of the Company’s common shares equals or exceeds $0.60 for 10 consecutive trading days, the Company may accelerate the expiry date of the warrants by press release, after which the warrants will expire 30 days later.

The Company intends to use the net proceeds of the Financing to advance its Peruvian exploration and community relations programs, and general working capital.

The Company intends to pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the TSX Venture Exchange (“ TSXV ”). The Financing is subject to approval of the TSXV, and all securities issued under the Financing will be subject to statutory hold periods expiring four months and one day from the date of closing of the Financing.

The securities described herein 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, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Fidelity Minerals Corp.

Fidelity Minerals Corp. is a TSX-V listed resource company. Its principal focus is the 44.5%-owned (with a right to earn 50%) brownfield Las Huaquillas project in northern Peru. The Company has a near-term objective to confirm previous underground sampling results and prepare for drilling with an objective of preparing a new NI 43-101 compliant mineral resource estimate. In addition to the Los Socavones brownfield gold opportunity, Las Huaquillas offers copper upside potential through exploration of the two confirmed porphyry systems flanking the Los Socavones epithermal gold zone.

The Company is run by an experienced management team with diverse technical, market, and commercial expertise and is supported by committed, and sophisticated investors focused on building long-term value. Fidelity’s founder John Byrne has over 50 years’ experience in the minerals sector with a track record of developing brownfield sites into profitable mines.

On behalf of the Board of Fidelity Minerals.

Ryan Batros

CEO

Phone: +61-472-658-777

Email: rbatros@fidelityminerals.com

For more information, please visit the corporate website at http://www.fidelityminerals.com or contact: