Questcorp Mining has completed its first phase investment.

Vancouver, British Columbia – Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) has completed a non-brokered private placement (the "Offering") on October 24, 2025. In the first tranche, a total of 14,000,334 units were sold at a price of $0.15, resulting in gross proceeds of $2,100,050. Each unit consists of one common share and half a warrant. Each warrant gives the holder the right to purchase an additional common share at a price of $0.20 until October 24, 2027, and can be terminated early if the share closing price remains at or above $0.50 for ten consecutive trading days.

Some of the units issued in the first tranche, valued at $2,000,000, are held under a sharing agreement ("Sharing Agreement") with Sorbie Bornholm LP. Under this agreement, the invested funds are secured in a third-party account. The Sharing Agreement ensures that the company's economic benefits are determined over a twenty-four-month payment period. Each payment period is set at a total of $79,792 and will be calculated based on the benchmark price.

In a timely manner, if the set price exceeds the $0.1949 benchmark price, the company will be able to receive more than 100% of the total payment each month. There is no upper limit on the additional income the company can receive. If the set price remains below the benchmark price, the company will receive less than 100% of its monthly payment. There will be no increase or decrease in the number of units. For example, the monthly payment amounts the company will receive based on certain set prices are as follows:

• Monthly Set Amount: $0.2449 – $100,262
• Monthly Set Amount: $0.1949 (Benchmark Price) – $79,792
• Monthly Set Amount: $0.1449 – $59,322

For more information, please refer to the press release published by the company on October 27, 2025.

Questcorp Mining Inc. is engaged in the acquisition and exploration of mining properties in North America. The company has a 100% option to acquire a stake in the North Island Copper Property located on Vancouver Island, British Columbia. Additionally, there is a 100% option to acquire a stake in the La Union Project located in Sonora, Mexico.