Mr. Stephen Wilkinson reports

GOLD'N FUTURES REPORTS CHANGES TO ITS HERCULES GOLD PROJECT OPTION AGREEMENT AND ANNOUNCES UNITS OFFERING

Gold'n Futures Mineral Corp. has made changes to its option agreement for the Hercules gold property. The agreement was previously announced in a news release dated Oct. 26, 2020, with an amendment announced on Sept. 28, 2022. In co-operation with the property optionor, Prodigy Gold Inc., the agreement is further amended so that all of the company's option payments to the optionor and work obligations are paused for a period of one year. The new schedule of the payment obligations is contained in an associated table. The amendment was initiated under existing terms of the agreement and allows Gold'n Futures time to catch up with and to complete exploration programs, together with upgrading previous quality control and quality assurance (QA/QC) measures to meet current regulatory standards such as may be contained in National Instrument 43-101 policies.

Stephen Wilkinson, president and chief executive officer, commented:

"For the past two and a half years, Gold'n Futures has focused on compiling, organizing and digitizing all available information concerning its Hercules gold project. At the same time, property-wide, high-resolution aerial magnetometer and lidar [light detection and ranging] surveys, plus a 10-hole, 1,227-metre drill program were completed. With all of this new and historical data, the company successfully built a comprehensive three-dimensional model of the entire Hercules property, which covers more than 100 square kilometres. Our team has validated 547 drill holes and hundreds of metres of surface trenches that together comprise thousands of certified assays. The main benefits of our work include new representations of the high-grade gold zones, with the significant geophysically indicated strike extensions measuring several kilometres."

Gold'n Futures accomplishments to date:

Below is a synopsis as to where Gold'n Futures has recently made its main advancements respecting its Hercules gold project:

1. The newly developed database and model comprises several terabytes in size and fully incorporates of all historical data, including 547 drill holes with 114,000 metres of core, the company's recent airborne magnetics and EM (electromagnetic) surveys, plus a high-definition lidar survey covering the whole 100 square km of the Hercules property.
2. Following the finishing of the property-wide digital model, a new mineral resource estimate (MRE) is complete in draft form, pending some confirmation work on the certain historical assay certification.
3. Gold'n Futures' new National Instrument 43-101 report is near finalization in draft form, requiring one outstanding but very important chapter.
4. The missing chapter concerns the quality control/quality assurance program for a portion of the historical exploration work. The company's geological team believes some historical QA/QC work would not satisfy current NI 43-101 requirements, but is confident the QA/QC program can be incorporated into the company's current work schedule.
5. All material and files found in the original data room have been organized into a single database and verified to meet the current stringent regulations. Any concerns over the multiple, old and disparate databases have now been mitigated.

Gold'n Futures' next steps

The company is preparing to conduct the required QA/QC program. The QA/QC will be incorporated into the checking, logging and sampling of selected historical drill core commencing in August. The geological team will, in parallel with its work on historical core, expand on the channel sampling of the exposed, trenched veins, including Golden Mile, Lucky Strike, Wilkinson Lake, Penelton and the Marino -- seven of nine area veins. The total available strike of exposed veins is in the order of four km, of which about 400 m has been channelled in detail. Successful conclusion of this work could expand and add important tonnes and ounces to the new MRE by statistically dealing with the strong nuggety gold of the mineralization, and providing a larger sample population while making full advantage of Prodigy's historical exploration costs of $25-million.

Gold'n Futures believes that it will be able to publish both its MRE and its NI 43-101 report following the above work. Furthermore, its pending drill program, planned to begin in October, will be focusing on specific targets, being the plunging high-grade gold zones defined by the advanced modelling of the Hercules mineralization.

Units offering

Gold'n Futures also announces that it has arranged for a non-brokered private placement of units, where the total offering is for approximately $250,000. Each unit comprises one common share of the company and one common share purchase warrant. Each warrant may be exercisable to acquire one common share at a price of five cents per warrant share for a period of 24 months from the closing of the offering.

The proceeds will be used for the next stage of exploration of the Hercules gold project and for working capital.

Qualified person

The scientific and technical content of this press release has been prepared, reviewed and approved by Walter Hanych, PGeo, a qualified person under National Instrument 43-101 regulations, and a director of the company.

About Gold'n Futures Mineral Corp.

Gold'n Futures Mineral is a Canadian-based exploration company focused on advancing its Hercules gold project. The Hercules is located is located 220 km northeast of Thunder Bay, Ont., in the townships of Elmhurst and Rickaby, within the Thunder Bay North mining district. The project is in the heart of the Beardmore-Geraldton gold mining camp, the fourth-largest gold camp in Ontario; it is 40 km west of the Equinox Gold's Greenstone gold mine, which reportedly hosts 6.9 million ounces in its measured and indicated resources. The property comprises 475 contiguous claim cells (10,052 hectares). From the historical work, and its own drill and geophysical programs, the company has built an extensive database, including: reconnaissance grab samples; channel samples; a variety of geophysical surveys; and a drill hole database that includes historical and current drilling totalling in the order of 547 holes and 114,000 metres of available drill core.

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