Page 1

Mining Americas Inc. FOR IMMEDIATE RELEASE August 17 , 2026 TSX : MAI | OTCQX : MAIFF www.miningamericas.gold Mining Americas Reports Q2 2026 Financial and Operating Results Toronto , Ontario - August 17 , 2026 - Mining Americas Inc. ( " Mining Americas " or the " Company " ) ( TSX : MAI ; OTCQX : MAIFF ) is pleased to announce unaudited financial and operating results for the three and six months ended June 30 , 2026 ( " second quarter " or " Q2 2026 " ) . Results are presented in U.S. dollars unless otherwise stated . For details of the consolidated Financial Statements and Management's Discussion and Analysis , please see the Company's filings at www.miningamericas.gold or on SEDAR + at www.sedarplus.ca . Second Quarter 2026 Highlights 1 • • • • • Quarterly revenue of $ 32.6 million , earnings from mine operations of $ 13.2 million , adjusted net income of $ 6.5 million ( or $ 0.06 per share ) , and adjusted EBITDA¹ of $ 9.3 million . Ended Q2 2026 with cash and cash equivalents of $ 43.5 million and working capital of $ 106.3 million . Total available liquidity of $ 73.5 million including $ 30 million undrawn on the Company's revolving credit facility . Q2 2026 gold production of 8,217 ounces , gold sales of 8,329 ounces at average realized price of $ 3,920 per ounce² . Year - to - date ( " YTD " ) gold production was 16,951 ounces and sales were 17,463 ounces . Cash costs of $ 1,831 per ounce ( " / oz " ) gold sold and all - in sustaining costs¹ ( " AISC " ) of $ 2,054 / oz gold sold . YTD cash costs and AISC were $ 1,740 / oz gold sold and $ 1,930 / oz gold sold , respectively . On track to achieve 2026 guidance at the Pan mine : gold production of 32,000-38,000 ounces , cash costs of $ 1,750-1,900 per ounce , and AISC of $ 1,850-2,000 per ounce . During the quarter the Pan mine ramped up mined tonnage from 51,800 tonnes per day at the start of the year to a June average of over 70,000 tonnes per day on track to achieve nearly 100,000 tonnes per day in the second half of the year . Refer to the " Non - IFRS Measures " in this release and associated MD & A for a description of these measures . 2 The average realized gold price in Q2 2026 was impacted by settling 1,500 ounces of the Company's outstanding call options with Auramet at an average selling price of $ 2,096 per ounce . 1 Mining Americas Inc.