MAXUS MINING INCORPORATED — Capital/Financing Update 2025

Feb 20, 2025

BC Securities Commission
Invest Right
1200-701 West Georgia Street
Vancouver, BC V7Y 1L2
www.bcsc.bc.ca
Phone 604 899 6500
Toll-free 1 800 373 6393
inquiries@bcsc.bc.ca

RECEIPT

Maxus Mining Inc.

This is the receipt of the British Columbia Securities Commission for the Preliminary Long Form Prospectus of the above Issuer dated February 18, 2025 (the preliminary prospectus).

This receipt also evidences that the Ontario Securities Commission has issued a receipt for the preliminary prospectus.

The preliminary prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta. A receipt for the preliminary prospectus is deemed to be issued by the regulator in this jurisdiction, if the conditions of the Instrument have been satisfied.

February 19, 2025

Larissa M. Streu
Larissa M. Streu
Manager, Corporate Disclosure
Corporate Finance

SEDAR Project Number 6241745