TORONTO, December 5, 2024 – S2 Minerals Inc. (“S2” or the “Company”) CSE:STWO announces that, further to its press release dated November 28, 2024, it has completed the proposed consolidation of the Company’s issued and outstanding common shares (“Common Shares”) on the basis of one post-consolidation Common Share for every two pre-consolidation Common Shares (the “Consolidation”). As a result of the Consolidation, the number of issued and outstanding Common Shares will be reduced from 37,937,649 to approximately 18,968,824, subject to adjustment for rounding.