Mr. Jason Riley reports

BESSOR ANNOUNCES GRADUATION OF ITS LISTING FROM THE NEX TO TIER 2 OF THE TSX VENTURE EXCHANGE

The TSX Venture Exchange has granted final acceptance regarding the application for graduation from the NEX to Tier 2 of the TSX-V. Effective Friday, Feb. 9, 2024, trading in Bessor's common shares will commence on the TSX-V under the trading symbol BST.V.

Jason Riley, president and chief executive officer of Bessor, commented: "The graduation of our shares to the TSX-V will allow greater access for investors at an important time in Bessor's long-term plans. With enhanced visibility and access to the market, we are in a position to continue and to expand our exploratory work at the Redhill project, located south of Cache Creek, B.C., as well as to evaluate potential future transactions."

Following the completion of the reactivation, the directors of Bessor are Kieran Downes, Ronald McMillan, Mr. Riley, Vic Jang and Arif Merali. Mr. Riley is the president an chief executive officer of Bessor, and Jeanie Yu is the chief financial officer. The total issued and outstanding common shares of Bessor following the reactivation will be 26,285,623.

About the Redhill project

The Redhill project consists of 15 mineral claims located south of Cache Creek, B.C. Pursuant to an option agreement originally dated July 15, 2015, and as amended on July 30, 2019, Sept. 15, 2020, Sept. 22, 2022, and Sept. 20, 2023, Bessor may acquire interests in the Redhill project through the completion of exploratory work, subject to a net smelter royalty to be retained by the optionor.

On Jan. 23, 2023, Bessor reported results of diamond drilling at the Redhill project, including the intersection of significant volcanogenic massive sulphide (VMS) mineralization. Bessor anticipates completing a drill program at the Redhill project in 2024, consisting of various holes to test for extensions to the VMS mineralization as well as holes to test anomalous gold-in-till anomalies and to test electromagnetic responses.

We seek Safe Harbor.