Mr. Morgan Lekstrom reports

BLACKWOLF ANNOUNCES DTC ELIGIBILITY AND APPROVAL TO TRADE ON THE OTCQB

Trading of Blackwolf Copper and Gold Ltd.'s common shares in the united States has successfully been upgraded from the OTC Pink Open Market to the OTCQB Venture Market by OTC Markets Group Inc. The company has also received The Depository Trust Company (DTC) eligibility in the United States, thus allowing the company's stock to be more easily traded by and accessible to U.S. institutional and retail investors.

Blackwolf currently trades on the TSX Venture Exchange in Canada under the symbol BWCG and will continue to trade on the TSX Venture Exchange after the OTCQB listing. The company's common shares begin trading on the OTCQB under the symbol BWCGF as of the opening of the market on Jan. 24, 2024.

The OTC Markets is recognized by the united States Securities and Exchange Commission as an established public market providing public information for analysis and value of securities. The OTCQB offers companies the opportunity to build their visibility, expand their liquidity and diversify their shareholder base on an established public market. Investors in the United States can learn more about the company on its OTC Markets profile page .

DTC is a subsidiary of the depository Trust & Clearing Corporation, a U.S.-based company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be DTC eligible.

About Blackwolf Copper and Gold Ltd.

Blackwolf's founding vision is to be an industry leader in transparency, inclusion and innovation. Guided by its vision and through collaboration with local and indigenous communities and stakeholders, Blackwolf builds shareholder value through its technical expertise in mineral exploration, engineering and permitting.

We seek Safe Harbor.