Quri-Mayu Announces Private Placement

Vancouver, British Columbia, July 14, 2025 – TheNewswire – Quri-Mayu Resources Developments Ltd. (TSXV: QURI) (the “Company“) is pleased to announce a non-brokered private placement of up to 40,000,000 units (each, a “Unit“) at a price of $0.05 per Unit for gross proceeds of up to $2,000,000 (the “Offering“).

Each Unit will consist of one common share (a “Share“) and one-half of one common share purchase warrant (each whole warrant, a “Warrant“) of the Company. Each Warrant will entitle the holder to purchase one Share (a “Warrant Share“) at an exercise price of $0.10 per Warrant Share for a period of twenty-four (24) months from the date of issuance. The Warrants will be subject to an acceleration provision whereby if the closing price of the Shares on the TSX Venture Exchange (the “TSXV”) equals or exceeds $0.20 for a period of 10 consecutive trading days, the Company may, within 15 days of such occurrence, accelerate the expiry date of the Warrants by giving notice to the holders, in which case the Warrants will expire on the 30th day after such notice is given.

The Offering will be made available to subscribers pursuant to the accredited investor and friends, family and business associate exemptions provided under sections 2.3(1) and 2.5 of National Instrument 45-106 – Prospectus Exemptions.

The Company intends to use the proceeds from the Offering for the exploration and advancement of the Company’s property and for the working capital purposes. The Company may reallocate the proceeds in its discretion for sound business reasons.

Finders’ fees may be payable in connection with the Offering in accordance with the policies of the TSXV.

All securities to be issued in connection with the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

Completion of the Offering is subject to customary closing conditions, including the approval of the TSXV.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in any jurisdiction where such offer, solicitation, or sale would be unlawful. The securities 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 U.S. state securities laws, and may not be offered or sold within the United States unless an exemption from such registration is available.

About Quri-Mayu Developments Ltd.

Quri-Mayu Developments Ltd. is a resource exploration company that is acquiring and exploring mineral properties. The Company is a reporting issuer in the province of British Columbia.

On Behalf of the Board of Directors

QURI-MAYU DEVELOPMENTS LTD.

Kevin Smith
Chief Executive Officer
Telephone: 604-309-6340

Cautionary Statements Regarding Forward Looking Information

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the completion of the Offering, receipt of regulatory approvals, and the use of proceeds.

Forward-looking statements are based on expectations, estimates, and projections as of the date of this news release and are subject to a number of risks and uncertainties that may cause actual results to differ materially from those anticipated. These risks and uncertainties include, among others, market conditions, regulatory approvals, and general economic factors. There can be no assurance that such statements will prove to be accurate, and readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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