Karus Mining Begins Trading on Canadian Securities Exchange with Ticker Symbol KARU

CSE Listing Approval and Trading Launch

Karus Mining Inc. announced that its common shares have been approved for listing on the Canadian Securities Exchange. Trading of the company's shares under the ticker KARU began at market open on July 22, 2026. This announcement was made on July 21, 2026, from the company’s Vancouver, British Columbia headquarters.

The listing marks a significant corporate milestone for this emerging exploration company. Interim CEO Andrew Kaip described the CSE listing as "a significant milestone for Karus, increasing our visibility and supporting our next phase of growth as we commence our 2026 exploration program." The listing grants Karus access to Canadian capital markets and enhances its profile among both domestic and international investors interested in gold exploration.

Karus Mining’s Gold Exploration Portfolio in British Columbia

Karus Mining’s portfolio includes district-scale gold assets situated in two of British Columbia’s most prospective mineral belts. Its flagship asset is the South Cariboo Gold District, spanning approximately 995 square kilometres and wholly owned by Karus. This underexplored district encompasses the FG Gold and Gold Creek exploration projects and is noted for hosting multiple gold systems, numerous high-priority exploration targets, and extensive strike potential.

In addition to South Cariboo, Karus owns the high-grade Mineral Creek Gold Project on Vancouver Island, roughly 12 kilometres southeast of Port Alberni. Mineral Creek contains multiple high-grade gold-bearing vein systems and represents an emerging gold district opportunity to unlock further value within the company’s portfolio. Karus’s strategy centers on systematic exploration, resource expansion, and new gold discoveries across both assets to build long-term shareholder value.

South Cariboo Gold District Asset Overview

The South Cariboo Gold District, covering about 995 square kilometres in central British Columbia, is Karus Mining’s primary asset. The district is described as underexplored and containing multiple gold systems with numerous high-priority exploration targets. It benefits from extensive strike potential, offering significant opportunities for resource growth and new discoveries.

This district includes two named projects: FG Gold and Gold Creek. While the announcement does not detail exploration stages, historical results, or resource estimates for these projects, Karus notes substantial historical exploration investment and an active strategy to capitalize on the district’s development potential.

Mineral Creek Project on Vancouver Island

Located approximately 12 kilometres southeast of Port Alberni on Vancouver Island, the Mineral Creek Gold Project is a high-grade gold asset featuring multiple gold-bearing vein systems. Karus positions Mineral Creek as an emerging gold district with potential to add value within its broader portfolio.

The announcement does not provide specific geological data, historical assay results, prior exploration extent, or resource estimates for Mineral Creek. Nonetheless, Karus views the project as a key opportunity for value creation aligned with its portfolio strategy.

Management’s Outlook on Growth Prospects

Interim CEO Andrew Kaip commented on Karus’s market position and strategic direction, stating, "With two district-scale gold projects in British Columbia, a strong technical foundation, and multiple opportunities for resource growth and new discoveries, Karus is well positioned to create long-term value." He added that the company "offers investors a compelling opportunity to participate in the growth of an emerging gold company at an attractive stage of its development."

Kaip highlighted plans to advance exploration across the portfolio as part of the 2026 exploration program. The company sees itself well placed to benefit from increasing demand for quality gold exploration assets, with exposure to multiple discovery opportunities, district-scale land packages, and significant long-term growth potential in British Columbia, recognized as "one of the world's premier mining jurisdictions."

Operational and Technical Capabilities

Karus Mining emphasizes maintaining "a strong technical team, substantial historical exploration investment across its projects, and an active exploration strategy." The announcement does not specify the size or composition of the technical team, nor does it disclose detailed exploration budgets for 2026.

The company’s approach focuses on generating long-term shareholder value through systematic exploration, resource growth, and new gold discoveries. Karus aims to leverage British Columbia’s premier mining jurisdiction status to maximize value across its multiple exploration opportunities.

Access to Capital Markets and Investor Engagement

Listing on the CSE provides Karus Mining with direct access to Canadian capital markets and increases visibility among retail and institutional investors. The company expects the listing to support capital needs as it progresses its 2026 exploration program. While specific financing plans or capital raise targets were not disclosed, the listing enhances the company’s growth prospects.

By joining the CSE, which focuses on smaller-cap and emerging companies, Karus aims to attract investors seeking early-stage precious metals exploration exposure. The company highlights offering "exposure to multiple discovery opportunities, district-scale land packages, and significant long-term growth potential" within a tier-one mining jurisdiction.

2026 Exploration Program and Strategic Focus

Karus Mining announced the start of its 2026 exploration program but did not provide detailed information on exploration targets, budget allocations, drilling plans, or expected milestones. The interim CEO referenced the program’s commencement as a key element supported by the CSE listing.

The company’s strategic focus is on advancing exploration to drive resource growth and new gold discoveries. Detailed timelines, methodologies, and budget specifics for 2026 were not included in the announcement. Interested investors should refer to further company disclosures or direct inquiries for more information.

Risk Factors and Forward-Looking Statements

The announcement contains a cautionary note about forward-looking information, identifying numerous risks that could impact operations and results. These include exploration and development risks, environmental and climatic challenges, unexpected geological conditions, equipment failures, health and safety hazards, financing access, rising labor and consumable costs, workforce and equipment availability, and risks related to joint ventures and partial ownerships.

Additional risks involve acquisition and renewal of mineral property rights, regulatory changes, insurance limitations, illegal mining activities, anti-corruption compliance, cost overruns, industry competition, gold price fluctuations, legal and labor disputes, third-party contractor risks, and global financial, economic, and political uncertainties. The company notes that forward-looking information inherently involves uncertainties and undertakes no obligation to update such information unless required by law.