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Capstone Announces 2021 Annual General and Special Meeting Results

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VANCOUVER, British Columbia –
Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) announced the voting results from its 2021 Annual General and Special Meeting (“AGM”) held April 28, 2021 in Vancouver, British Columbia. A total of 292,218,097 common shares were voted at the meeting, representing 71.34% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, as follows:

Detailed voting results for the 2021 AGM are available on SEDAR at www.sedar.com.

ABOUT CAPSTONE MINING CORP.

Capstone Mining Corp. is a Canadian base metals mining company, focused on copper. We are committed to the responsible development of our assets and the environments in which we operate. Our two producing mines are the Pinto Valley copper mine located in Arizona, US and the Cozamin copper-silver mine in Zacatecas State, Mexico. In addition, Capstone owns 100% of Santo Domingo, a large scale, fully permitted, copper-iron-gold project in Region III, Chile, as well as a portfolio of exploration properties. Capstone’s strategy is to focus on the optimization of operations and assets in politically stable, mining-friendly regions, centred in the Americas. Our headquarters are in Vancouver, Canada and we are listed on the Toronto Stock Exchange (TSX). Further information is available at www.capstonemining.com.

Jerrold Annett, SVP, Strategy and Capital Markets

647-273-7351

[email protected]

MVDP

The Mantoverde Development Project (“MVDP”) represents a transformational expansion of our Mantoverde mine in Chile to process sulphide ore via a copper concentrator, in addition to the mine’s oxide ore processing capabilities. The $870 million project produced first copper concentrate in June 2024, achieved commercial production levels in September 2024, and ramped up to full milling rates by the end of 2024. The MVDP is expected to drive significantly higher consolidated production at lower unit costs for Capstone Copper.

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