Vancouver, British Columbia–(Newsfile Corp. – October 24, 2022) – Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) announces that an extension and waiver has been granted to the Company by EquinoxGold Corp (“EquinoxGold”) revising the due date of the US$ 25 million payment (the “Deferred Payment”) in respect of the Company’s acquisition of the Mercedes Gold Mine in Sonora, Mexico. The Deferred Payment, originally due on October 21, 2022, is now due on or before October 26, 2022.