News Release

Armory Mining Announces Change of CFO

Vancouver, B.C. – May 16, 2025 ‐ Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the “Company” or “Armory”) announces that Harry Nijjar has resigned as Chief Financial Officer and Corporate Secretary. Lawrence Cheung has been appointed as Chief Financial Officer and Corporate Secretary effective immediately.

Lawrence Cheung is a Controller at Malaspina Consultants Inc., where he provides CFO and controllership services to help clients meet their financial reporting and regulatory requirements. Prior to joining Malaspina Consultants Inc., Mr. Cheung was a Senior Associate at PricewaterhouseCoopers LLP where he provided assurance services to private and publicly traded clients in the US and Canada. He has worked with clients across a broad range of industries with a specialization in mining. Mr. Cheung received his Chartered Professional Accountant designation in 2021 and holds a Bachelor of Commerce degree from the UBC Sauder School of Business.

The Company would like to thank Mr. Nijjar for his contributions to the Company and wishes him success in his future endeavors.

About Armory Mining Corp.

Armory Mining Corp. is a Canadian exploration company focused on minerals critical to the energy, security and defense sectors. The Company controls an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina; a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia; and a 100% interest in the Riley Creek antimony-gold project located in Haida Gwaii, British Columbia, and an option to acquire a 100% interest in the Ammo antimony-gold project located in Nova Scotia.

Contact Information:
Alex Klenman
CEO, Director
alex@armorymining.com

Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.