Vancouver, British Columbia--(Newsfile Corp. - February 20, 2024) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") announces that Mr. Fernando Ragone has informed the Company of his intent to resign as Chief Financial Officer ("CFO") effective March 8, 2024 in order to pursue an alternative career opportunity.

Bear Creek has made an offer of employment to a highly qualified CFO successor, who has accepted the offer. Further details will be announced as soon as possible.

On behalf of the Board of Directors,
Eric Caba
President & Chief Executive Officer

For further information contact:
Barbara Henderson - VP Corporate Communications
Phone: 604-685-6269
E-mail: barb@bearcreekmining.com

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Forward-Looking Information

This news release contains forward-looking statements regarding the replacement of the Company's CFO. These forward-looking statements are provided as of the date of this news release and are based on the Company's knowledge of the experience, skills and reputation of the successor CFO and the Company's expectation that an announcement identifying the CFO successor will occur in due course. These forward-looking statements reflect predictions, expectations or beliefs regarding future events based on the Company's beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, and the additional risks described in the Company's latest Annual Information Form, and other disclosure documents filed by the Company on SEDAR+. The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release