Mr. Farshad Shirvani reports

CASA MINERALS INC. WISHES TO PROVIDE FURTHER CLARIFICATION TO WARRANT HOLDERS

As requested by the TSX Venture Exchange, Casa Minerals Inc. has provided additional clarification to its press releases from May 10 and May 12, 2023.

There are no amendments to the acceleration clause of the original warrant certificates that were issued in May, June and July, 2021.

Casa will be announcing any updates on this process of warrant repricing as they may occur to keep its valued shareholders informed.

About Casa Minerals Inc.

The company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the United States. Casa owns 90-per-cent interest in the Congress gold mine (Arizona) in the patented claims from 40 feet depth and beyond, and in addition the company owns undivided 100-per-cent interest in 25 claims (494.48 acres) of unpatented ground adjacent to the Congress gold mine. This historic high-grade gold-producing mine has not been explored or been in production since 1992. Additionally, the company owns a 100-per-cent interest in the polymetallic Pitman and Keaper properties (British Columbia) and has an option to acquire a 75-per-cent interest in the Arsenault volcanogenic massive sulphide property (B.C.).

We seek Safe Harbor.