September 21, 2023, Vancouver, B.C. - Bear Creek Mining Corporation (“Bear Creek” or the “Company”) (TSXV:BCM) (OTCQX:BCEKF) (BVL:BCM) is pleased to announce the results of the Company’s Special Meeting of shareholders (the “Meeting”) that took place in Vancouver, BC on September 21, 2023.

As more fully described in the Company’s Information Circular dated August 9, 2023 (the “Circular”), shareholders were asked to consider and, if thought fit, to pass an ordinary resolution (the “Resolution”) to approve the: (i) issuance of a five-year convertible promissory note (the “Note”) to defer a US$25 million current liability owed to Equinox Gold Corp. (“Equinox Gold”); and (ii) creation of Equinox Gold, and/or any affiliates of Equinox Gold, as a new “Control Person” (as defined in the policies of the TSX Venture Exchange (“TSXV”)) of the Company. The full text of the Resolution was provided in Appendix “A” of the Circular. Subsequent amendments to the Circular, announced via a news release issued by the Company on September 13, 2023, did not affect the form or intent of the Resolution.

Fifty-seven percent of shares eligible to be voted at the Meeting were cast and the Resolution was passed by 88.9% of votes cast at the Meeting.

The form of the Note has been settled between Equinox Gold and the Company. Issuance of the Note is subject to both shareholder approval, which was secured at the Meeting, and final approval by the TSXV. The Company expects to proceed with issuance of the Note once TSXV approval is obtained.

On behalf of the Board of Directors,

Catherine McLeod-Seltzer
Chair