Leocor Mining Inc. — Capital/Financing Update 2024

Apr 12, 2024

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FORM 51-102F3 MATERIAL CHANGE REPORT

1. NAME AND ADDRESS OF COMPANY

Leocor Gold Inc. Suite 303, 750 West Pender Street Vancouver, BC V6C 2T7

2. DATE OF MATERIAL CHANGE

April 12, 2024

3. PRESS RELEASE

The press release was issued on April 12, 2024 and was disseminated through the facilities of a recognized newswire services. A copy of the press release was filed on SEDAR.

4. SUMMARY OF MATERIAL CHANGE

Leocor Gold updates private placement.

5. FULL DISCLOSURE OF MATERIAL CHANGE

Full Description of Material Change

Vancouver, British Columbia – April 12, 2024 - Leocor Gold Inc. (the “ Company ” or “ Leocor ”) (CSE: LECR, OTCQB: LECRF) is pleased to announce that due to overwhelming demand, the Company is increasing its private placement announced on April 4, 2024, to $1,900,000 and the placement is fully-subscribed. The Company expects the placement to close on or about April 18, 2024.

All securities issued in connection with the placement will be subject to restrictions on resale in accordance with applicable securities laws.

The Company intends to use the gross proceeds to advance the exploration and development of its gold and copper projects in Newfoundland, and for general working capital purposes.

About Leocor Gold Inc.

Leocor Gold Inc. is a British Columbia-based resource company involved in the acquisition and exploration of precious metal projects, with a current focus in Atlantic Canada. Leocor, through outright ownership and earn-in agreements, currently controls several gold-copper projects in prime exploration ground located within the prolific Baie Verte Mining District. Leocor’s Bae Verte portfolio includes the Dorset, Dorset Extension, Copper Creek and Five Mile Brook projects, creating a contiguous nearly 2,000-hectare exploration corridor. The Company also controls district scale land packages in North Central Newfoundland, known as Robert’s Arm, Hodge’s Hill, and Leamington,

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(collectively “Western Exploits”) representing over 144,000 hectares (1,440 square kilometers) of prospective exploration ground.

Contact Information

Leocor Gold Inc. Alex Klenman, Chief Executive Officer Email : aklenman@leocorgold.com Telephone : (604) 970-4330

6. RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102

Not applicable.

7. OMITTED INFORMATION

No information has been intentionally omitted from this form.

8. EXECUTIVE OFFICER

The name and business number of an officer of the Company through whom an executive officer who is knowledgeable about the material change and this report may be contacted is:

Alex Klenman Chief Executive Officer Tel: 604-970-4330

9. DATE OF REPORT

DATED this 12[th] day of April, 2024.