Rzolv Technologies Inc.TSXV: RZL

RZOLV Technologies Appoints Veteran Mining Executive John C. McConnell to Board of Directors and Grants Stock Options

· Issued by Rzolv Technologies Inc. via Newsfile

Forty-year mining executive and former President and Chief Executive Officer of Victoria Gold Corp. joins the Board, bringing extensive experience in mine development, operations, project financing, permitting and corporate governance

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2026) - RZOLV Technologies Inc. (TSXV: RZL) (OTCQB: RZOLF) (FSE: S711) ("RZOLV" or the "Company") is pleased to announce the appointment of John C. McConnell to its Board of Directors, effective July 14th, 2026.

The appointment strengthens the Company's governance, technical oversight and mining-industry experience as RZOLV advances the independent validation, scale-up and potential commercialization of its non-cyanide hydrometallurgical platform for the recovery of gold, silver and selected critical minerals.

About John C. McConnell

John C. McConnell is a mining executive with more than 40 years of experience in mine development, operations, corporate leadership, project financing and governance. Throughout his career, he has led the advancement of major mining projects from exploration through permitting, financing, construction and commercial production, while raising more than US$1 billion in capital to support project development and corporate growth.

Mr. McConnell is currently Chief Executive Officer of 44984 Capital, a private investment company focused on strategic investments across the global mining sector, primarily focused on gold, silver, and copper. Investments include exploration, development, and production issuers, both public and private.

Mr. McConnell most recently served as President, Chief Executive Officer and Director of Victoria Gold Corp., where he led the acquisition, development, financing, construction and operation of Victoria Gold's Eagle Gold Mine in the Yukon Territory. Under his leadership, Eagle became Canada's newest large-scale gold mine and one of the Yukon Territory's most significant private-sector investments, producing approximately 180,000 ounces of gold annually while establishing strong partnerships with First Nations, governments, investors and local communities.

Prior to Victoria Gold, Mr. McConnell served as President and Chief Executive Officer of Western Keltic Mines Inc., as Vice President of Northwest Territories Projects for De Beers Canada Inc., where he led the development of the Snap Lake Diamond Mine, and held senior management positions with Winspear Diamonds Inc., Breakwater Resources Ltd. and Strathcona Mineral Services Ltd. His experience spans mine engineering, project development, operations, mergers and acquisitions, corporate finance, environmental and regulatory permitting, stakeholder engagement and corporate governance across gold, silver, base metals and diamond projects.

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