Sharing Agreement

Questcorp Mining (QQCMF) closed the first tranche of a private placement on Oct 24, 2025, raising $2.1M by issuing 14M+ units priced at $0.15. Each unit includes a share and a half warrant, exercisable at $0.20 until Oct 24, 2027. $2M is subject to a Sharing Agreement with Sorbie Bornholm LP, settled in 24 monthly tranches based on a 20-day VWAP benchmarked against $0.1949. This could result in variable monthly proceeds.