Cadillac Mines Corporation Files Preliminary Prospectus For Initial Public Offering

Not for distribution to U.S. news wire services or dissemination in the United States.

TORONTO, July 13, 2026 (GLOBE NEWSWIRE) — Cadillac Mines Corporation (“Cadillac Mines” or the “Company”) today announced that it has filed with the securities regulatory authorities in each of the provinces and territories in Canada, and obtained a receipt for, a preliminary base PREP prospectus (the “Preliminary Prospectus”) for the proposed initial public offering (the “Offering”) of common shares, flow-through shares and charity flow-through shares of the Company (collectively, the “Offered Shares”). The Offering will include a treasury offering by Cadillac Mines and a secondary offering of common shares by certain shareholders. The number of Offered Shares and the offering price per share under the Offering have not yet been determined.

The Company recently changed its name from Gold Candle Ltd. to Cadillac Mines Corporation to better reflect its growing presence along the Cadillac-Larder Lake Break. Cadillac Mines has also launched its new corporate website at www.cadillacmines.com, providing updated information on the Company, its projects and corporate developments.

The Offering will be made through a syndicate of underwriters led by BMO Capital Markets, National Bank of Canada Capital Markets and Stifel Canada as co-lead underwriters and joint bookrunners.

Goodmans LLP is acting as Canadian legal counsel to Cadillac Mines and Stikeman Elliott LLP is acting as Canadian legal counsel to the underwriters. Dorsey & Whitney, LLP is acting as US legal counsel to Cadillac Mines and Skadden, Arps, Slate, Meagher & Flom LLP is acting as U.S. legal counsel to the underwriters.

The Preliminary Prospectus contains important information relating to the Company, the Offered Shares and the Offering and remains subject to amendment and completion. Copies of the Preliminary Prospectus and any amendment will be available on SEDAR+ at www.sedarplus.com. An electronic or paper copy of the Preliminary Prospectus and any amendment may be obtained, without charge, from BMO Capital Markets by mail at BMO Capital Markets, Brampton Distribution Centre c/o The Data Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S 6H2 by telephone at 905-791-3151 Ext 4312 or by email at torbramwarehouse@datagroup.ca.

The Preliminary Prospectus has not yet become final for purposes of a distribution of securities to the public. No securities regulatory authority has either approved or disapproved the contents of this news release. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any province or territory of Canada prior to the time a receipt for the final base PREP prospectus or other authorization is obtained from the securities regulatory authority in such province or territory.

The securities 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. Accordingly, the securities may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Cadillac Mines in any jurisdiction in which such offer, solicitation or sale would be unlawful.

In connection with the Offering, the Company has applied to list the common shares of the Company on the Toronto Stock Exchange (“TSX”). Listing is subject to the approval of the TSX in accordance with its original listing requirements. The TSX has not conditionally approved the Company’s listing application and there is no assurance that the TSX will approve the listing application.

About Cadillac Mines

Cadillac Mines Corporation is a Canadian mineral exploration company advancing a growing portfolio of gold and critical mineral projects along the prolific Cadillac-Larder Lake Break in Ontario and Québec. Anchored by the historic Kerr-Addison Mine, the Company is focused on expanding its gold resource base, advancing the Geminid nickel deposit and unlocking the broader potential of its district-scale Abitibi land position. Through disciplined exploration, technical excellence and responsible development, Cadillac Mines is working to create lasting value for shareholders, communities and other stakeholders. For more information about the Company, please visit www.cadillacmines.com.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities laws. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that, while considered by the Company to be appropriate and reasonable as of the date of this release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, failure to complete the Offering, failure to obtain conditional approval for the listing of the Company’s common shares on the TSX and the factors discussed under “Risk Factors” in the Preliminary Prospectus. Cadillac Mines undertakes no obligation to publicly update or review any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

For further information, please contact:

Hannes Portmann
Chief Financial Officer
705-998-4392
contact@cadillacmines.com