Mr. Pierre Leveille reports

HAIB COPPER: LICENCE RENEWAL UPDATE

Since the verdict ordering the Ministry of Mines and Energy of Namibia to reopen the renewal application procedure of 2021, Deep-South Resources Inc.'s Haib copper licence EPL 3140 has been reinstated by the ministry with the status "pending renewal."

The application procedure is well advanced and the company expects a final decision in the coming weeks. As the licence has been reinstated, pending renewal on the mining cadastre of the ministry, officials of the ministry have invited the company to resume exploration work at any time. However, management considers it is prudent to await the renewal decision before resuming work.

Pierre Leveille, president and chief executive officer of Deep-South, stated: "We are confident that the licence will be renewed in a timely manner. We have visited the site last week in order to prepare resumption of exploration and to be ready to start the work quickly when the final decision will be rendered."

About Deep-South Resources Inc.

Deep-South Resources is a mineral exploration and development company. Deep-South's growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. The company holds the Haib copper project in Namibia and holds an interest in three exploration licences in the Copperbelt in Zambia. In using and assessing environmentally friendly technologies in the development of its copper projects, Deep-South embraces the green revolution.

We seek Safe Harbor.