News Release
Daura Capital Corp. Announces Concurrent Financing for Its Proposed Qualifying Transaction

May 14, 2024

Vancouver, British Columbia — (May 14, 2024) – Daura Capital Corp. (TSXV:DUR.P) (the “Company” or “Daura”), a capital pool company under the policies of the TSX Venture Exchange (the “TSXV”), is pleased to announce a non-brokered private placement to be completed concurrent with the Company’s previously announced proposed Qualifying Transaction (the “Concurrent Financing”). The Qualifying Transaction involves the acquisition of Estrella Gold S.A.C. (“Estrella”), as detailed in the Company’s news release dated May 6, 2024.


Concurrent Financing
Pursuant to the Concurrent Financing, the Company intends to issue a minimum of 16,666,667 units (each a “Unit”) and a maximum of up to 25,000,000 Units at a price of $0.06 per Unit for gross proceeds of between $1,000,000 and $1,500,000. Each Unit will consist of one common share in the capital of the Company (a "Daura Share") and one (full) share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder to purchase one additional Daura Share at a price of $0.10 per share for a period of two years from the date of issuance.


Net proceeds from the Concurrent Financing will be used to fund exploration of the Estrella project portfolio (further details of which are to be provided), expenses related to the Qualifying Transaction, and for general working capital purposes. Subject to TSXV approval, Daura may pay eligible finders a fee equal to 7% of the Concurrent Financing in cash and 7% in share purchase warrants ("Compensation Warrants") having the same terms and conditions as the Warrants.


All securities issued under the Concurrent Financing will be subject to hold periods expiring four months and one day after the date of issuance. Additional restrictions may apply under the rules of the TSXV and applicable securities laws.


This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will there be any sale of any securities offered in any jurisdiction where such offer, solicitation, or sale would be unlawful, including the United States. The securities offered as part of the Concurrent Financing 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 in the United States unless in compliance with the registration requirements of the U.S. Securities Act or pursuant to applicable exemptions.


Closing of the Concurrent Financing is subject to TSXV approval.


Additional Information
In accordance with TSXV policies, Daura Shares are currently halted from trading and will remain halted until further notice. Daura and Estrella will provide further details regarding the Qualifying Transaction in due course by way of press releases.


All information provided in this press release related to Estrella has been provided by management of Estrella and has not been independently verified by Daura’s management. If and when a definitive agreement between Daura and Estrella is executed, Daura will issue a subsequent press release containing details of the definitive agreement and additional terms of the Qualifying Transaction. These details will include information on Estrella’s properties, sponsorship, summary financial information, the names and backgrounds of all persons expected to be principals and insiders of the resulting issuer, and additional information about the Concurrent Financing.


Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Qualifying Transaction, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.


For Further Information, Please Contact:


Daura Capital Corp.
543 Granville, Suite 501
Vancouver, BC V6C 1X8


William T.P. Tsang
CFO and Secretary
(604) 669-0660
btsang@seabordservices.com


Mark D. Sumner
CEO and Director
mark@kiwandagroup.com


Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements that reflect management's current estimates, beliefs, intentions, and expectations. These statements are not guarantees of future performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Daura's control.


Such factors include, but are not limited to: risks and uncertainties related to Daura's ability to complete the proposed Qualifying Transaction; future prices and supply of gold and other metals; environmental liabilities (known and unknown); general business, economic, and competitive uncertainties; and results of exploration programs. In addition, mineralization on adjacent properties may not be indicative of the mineralization found on properties owned by the target of the proposed Qualifying Transaction.


Accordingly, actual results and future events may differ materially from those anticipated in forward-looking statements. Daura disclaims any obligation to publicly update or revise any forward-looking information, except as required by law.


NEITHER 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. THE TSX VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE PROPOSED TRANSACTION AND HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE.

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Other Recent Daura Gold News Releases.

Daura Gold Expands Land Position with Agreement to Acquire Strategic Claims Adjacent to Antonella and Bonita Projects

July 16, 2025
July 16, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV: DGC) (the “Company” or “Daura” ) is pleased to announce that it has reached an agreement to acquire five strategic mineral concessions totaling approximately 2,900 hectares (the “Project” ) in the Ancash Department of Peru. The Project surrounds the southern half of the Company’s Antonella Project and bordering Highlander Silver’s San Luis project to the south. The Project shares multiple borders to the south and east of the Bonita target where Highlander is currently drilling. The acquisition will further consolidate Daura’s land position in one of Peru’s most prospective gold and silver districts. The concessions, highlighted in red with black frame, lie within the highly prospective Pucajirca volcanic center, a region known for hosting the San Luis, Antonella, and Bonita vein systems. These vein systems are part of the Calipuy Group, which is geologically characterized by andesitic lava flows and pyroclastic ash deposits rich in lithic fragments. While these volcanic units remain largely unaltered across most of the district, they display intense argillic alteration and pervasive silicification near mineralized veins—key indicators for precious metals mineralization. Inside these concessions, zones shown as 1, 2 and 3, are among the immediate development targets to explore. Luis Saenz, Daura CEO commented: “This acquisition marks a further step in Daura’s strategy to consolidate and control one of the most geologically compelling gold-silver districts in Peru. The proximity of these new claims to both the Antonella and Bonita vein systems, along with strong structural and geological continuity, provides an exciting opportunity to extend known mineralization and make new discoveries. We believe these concessions significantly enhance the scale and upside potential of our exploration portfolio.” Daura will assume all concession fees due and payable to Ministry of Mines associated with the Project. The Project will be transferred for the price of US$1.00 (one and 00/100 dollars of the United States of America) per mining concession and a 1% NSR royalty in favor of the vendor. Prior to the commencement of mine construction on the Project, Daura may buy back 50% of the royalty for US$250,000. Completion of the acquisition of the Project remains subject to the negotiation of definitive documentation and the satisfaction of customary closing deliverables. Geological and structural analysis indicates that the vein systems across the Antonella and Bonita projects are controlled by NW-SE trending faults associated with the broader Andean fault system and are complemented by secondary E-W and NE-SW oriented faults. Importantly, the newly acquired claims by DGC fall directly within this structural corridor. Early fieldwork and mapping have identified vein outcrops in Zone 1, with evidence of vein continuity extending southwest into Zone 2—suggesting the potential for a continuous, mineralized vein system connecting the Antonella and Bonita zones. These features underscore the high prospectivity of Zones 1, 2, and 3 for hosting additional gold and silver-bearing veins. Historical drilling on both the Antonella and Bonita projects has confirmed the presence of gold-silver mineralization at depth, with the most robust vein structures and highest grades found toward the southwest—directly aligned with the location of Daura’s new claims. This trend strongly supports the interpretation that these newly acquired concessions could host a direct continuation of the Au-Ag mineralized system, significantly enhancing Daura’s discovery potential in the region.

Daura Gold Expands Yanamina Project Land Position

June 18, 2025
June 18, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV: DGC) (the “Company” or “Daura”) is pleased to announce the acquisition of an additional 4,700 hectares contiguous with the Yanamina gold-silver project (“Yanamina” or the “Project”) which is located within close proximity to the Yanamina historical resource. Daura plans to test outcrops in the these newly staked claims which present similar geology to the surficial mineralization at Yanamina. Highlights: Acquisition of newly staked 4,700 hectares in the Yanamina Project area, approximately 40km north of Daura’s high-grade Antonella target and the bonanza grade San Luis Gold Project owned by Highlander Silver. The Yanamina Project has historical indicated resources of 1,566,900 tonnes at 1.65 g/t Au for a total of 83,100 (oz) of gold (Au) and 3,235,000 tonnes at 1.19 g/t Au for a total of 123,700 ounces of Au. The Company plans to undertake work to verify and update the historical estimate as a priority. The newly staked claims are 5 km from HudBay’s Ancash exploration project. Yanamina compliments Daura’s project portfolio in the Ancash Department, which is well-known for mining in Peru with major historical production from Barrick’s Pierina gold mine, approximately 40km from Yanamina. And 94km from the Tier 1 Antamina Mine, owned by Glencore, Teck and Mitsubishi. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and the Company is not treating the historical estimate as a current mineral resource. Luis Saenz, Daura CEO commented: “The expansion of our land position at Yanamina represents a significant step forward in our strategy to build a high-quality gold-silver portfolio in one of Peru’s most prolific mining regions. The newly acquired claims lie in a highly prospective area that mirrors the geology of known surficial mineralization at Yanamina and strengthens our exploration pipeline. With historical resources already defined, our next steps will focus on validating and expanding the resource base while unlocking new targets across this underexplored ground.” 

Daura Gold Announces Binding Offer to Acquire the Yanamina Epithermal Gold-Silver Project in Ancash Peru

June 2, 2025
June 2, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV: DGC) (the “ Company ” or “ Daura ”) is pleased to announce that it has entered into a binding offer letter, dated May 29, 2025 (the “ Offer” ), with EV Resources Limited (“ EVR ”), an arms-length party, to acquire the Yanamina gold-silver project (the “ Yanamina Project ”) located in Ancash Department of central Peru (the “Transaction ”). Highlights Acquisition of the Yanamina Project, approximately 40km north of Daura’s high-grade Antonella target and the bonanza grade San Luis Gold Project owned by Highlander Silver. The Yanamina Project has historical indicated resources of 1,566,900 tonnes at 1.65 g/t Au for a total of 83,100 (oz) of gold (Au) and 3,235,000 tonnes at 1.19 g/t Au for a total of 123,700 ounces of Au. The Company plans to undertake work to verify and update the historical estimate as a priority. Significant exploration upside and multiple drill targets on the property given limited and focused historical drilling. Open extensions to resources at depth and lateral extensions and significant faulted extension target at depth. Previous drilling identified a high-grade core zone locally grading at 5 g/t Au over 5 meters within a mineralized envelope averaging 2.5 g/t Au over intervals from 20-30 meters. Daura has an opportunity to update the Yanamina historical resource estimate and bring a current resource estimate into Daura’s resource profile. Yanamina compliments Daura’s project portfolio in the Ancash Department, which is well-known for mining in Peru with major historical production from Barrick’s Pierina gold mine, approximately 40km from Yanamina. And 94km from the Tier 1 Antamina Mine, owned by Glencore, Teck and Mitsubishi. (See “Yanamina Historical Mineral Resource” below for further details.) A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and the Company is not treating the historical estimate as a current mineral resource. Luis Saenz, Daura CEO commented: “The acquisition of the Yanamina Gold-Silver Project marks an exciting prospect for Daura Gold as we expand our footprint into one of Peru’s most prolific mining districts. Only about 40km north of our existing land package at Antonella, Yanamina is a perfect complement to Daura’s asset base.” said Luis Saenz, CEO of Daura. “With a significant historical resource, clear exploration upside, and proximity to premier deposits like San Luis and Pierina, Yanamina presents a compelling opportunity to unlock value for our shareholders. This transaction aligns with our strategy to build a high-quality portfolio of gold assets with near-term growth potential and strong leverage to rising precious metals prices.”
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