Mr. Russel Van Skiver reports

BOUNDARY GOLD AND COPPER MINING PROVIDES UPDATE ON REINSTATEMENT REVIEW AND ANNOUNCES TRANSFER TO NEX

Further to the news release dated Sept. 13, 2023, Boundary Gold and Copper Mining Ltd. held its annual general and special meeting on Oct. 25, 2023, and all resolutions set forth at the meeting were approved by shareholders as of the date of the meeting, including a special resolution to approve the ratification of the disposition of the Kena-Daylight property, which closed on April 6, 2021.

The company announces that pursuant to the previously announced reinstatement review, the TSX Venture Exchange has advised that, as a result of a failure to maintain the requirements for a TSX-V Tier 2 company in accordance with the TSX-V Policy 2.5, the company's exchange listing will be transferred to the NEX board of the TSX-V, effective Dec. 11, 2023.

The trading symbol of the company will change from BGDC to BDGC.H. There is no change to the company's name, no change in its Cusip number and no consolidation of capital. The symbol extension differentiates NEX from Tier 1 or Tier 2 symbols within the TSX Venture market. The company continues to review opportunities that will allow for its return to the TSX-V.

The company expects trading of its securities to resume once TSX-V completes its reinstatement review and the transfer is effected.

About Boundary Gold and Copper Mining Ltd.

Boundary is a junior mining issuer listed on the TSX Venture Exchange.

We seek Safe Harbor.