BRIEF

on Carcetti Capital Corp. (CVE:CART.H)

Carcetti Capital Corp. Nears Completion of Hemlo Mine Acquisition

Vancouver-based Carcetti Capital Corp. announced conditional approval from the TSX Venture Exchange for its acquisition of the Hemlo Gold Mine in Ontario. The deal with Barrick Mining Corporation’s subsidiaries constitutes a reverse takeover under TSXV Policy 5.2.

The firm has filed a statement dated November 21, 2025, detailing the transaction on its SEDAR+ profile. Investors are advised to review this document for comprehensive information.

If standard closing conditions are met, Carcetti expects to finalize the acquisition by November 26, 2025. Consequently, the company plans to rebrand as Hemlo Mining Corp. and trade under the symbol "HMMC". For more details, refer to prior announcements made in September and October 2025.

R. H.

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