Mr. Robert Brown reports

FINLAY MINERALS LTD. REPORTS ON ITS ANNUAL GENERAL & SPECIAL MEETING AND APPOINTS A NEW CHIEF FINANCIAL OFFICER

All matters set before the annual general and special meeting of shareholders of Finlay Minerals Ltd. held on Friday, June 23, 2023, were approved by the shareholders. An aggregate of 44,500,185 common shares of the company were voted, representing 34.86 per cent of the issued and outstanding common shares as at the record date of May 19, 2023.

The six nominees for the board of directors were elected at the meeting, and they are: John A. Barakso, Robert F. Brown, Alvin W. Jackson, Ilona Barakso Lindsay, David A. Schwartz and Kristina Walcott. Additionally, the reappointment of De Visser Gray LLP as auditor for the company and the company's 10-per-cent rolling stock option plan were approved by shareholders.

The company is welcoming Gordon Steblin, BComm, CPA, CGA, as its chief financial officer. Mr. Steblin obtained a bachelor of commerce degree in 1983 from the University of British Columbia, and he became a certified general accountant in 1985. He has over 30 years of financial experience in the junior mining/exploration sector and also serves as the CFO of Elysee Development Corp., Freegold Ventures Ltd. and Edgemont Gold Corp.

In addition to Mr. Steblin's appointment as CFO, the board of directors, at a board meeting following the meeting, also reappointed the following officers for a further year:

• Mr. Brown -- president and chief executive officer;
• Mr. Schwartz -- corporate secretary;
• Wade Barnes -- vice-president, exploration;
• Ms. Lindsay -- vice-president, corporate relations.

About Finlay Minerals Ltd.

Finlay is focused on exploration for base metal and precious metal deposits in Northern British Columbia.

We seek Safe Harbor.