Mr. Tsend Tseren reports

CLOVER LEAF CAPITAL UPDATES QUALIFYING TRANSACTION WITH NORTH SHORE ENERGY METALS

Clover Leaf Capital Corp. has agreed to extend the outside date of completion of its qualifying transaction with North Shore Energy Metals Ltd. (announced in the company's press releases dated Dec. 23, 2022, and March 31, 2023) from June 30, 2023, to Oct. 31, 2023.

Concurrently, Clover Leaf has agreed to extend the maturity date of the loans drawn under the credit facility to Oct. 31, 2023. The terms of the credit facility are described in the company's press release dated March 31, 2023.

North Shore Energy is a private mineral exploration company focused on uranium exploration at the eastern margin of the Athabasca basin through its 55,700-hectare Falcon property and its 4,500-hectare West Bear property located 90 kilometres to the northeast.

The transaction remains subject to conditions, including but not limited to, TSX Venture Exchange acceptance and, if applicable pursuant to TSX-V requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative. The TSX-V has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

We seek Safe Harbor.