Mr. Brian McClay reports

GOLDEN PURSUIT APPOINTS INVESTOR RELATIONS CONSULTANT, DAVID FRY

Golden Pursuit Resources Ltd. has appointed David Fry as its corporate development and corporate communications consultant.

Mr. Fry brings tremendous corporate development and corporate communications experience to the company, having worked in consulting and in-house capacity for public companies in various sectors (primarily mining and exploration) in the Canadian and U.S. markets. Mr. Fry also has an extensive background in advertising, which will assist the company with branding, messaging and marketing communications.

Mr. Fry will assist in the development and implementation of a strategic corporate development/corporate communication plan in conjunction with the company's chief executive officer and senior management team and in the development of a branding strategy and recommend strategic and tactical initiatives to enhance the company's corporate and product branding, market position, share of voice, and increase overall public awareness.

Mr. Fry will maintain an active weekly call program to develop and manage relationships with analysts, institutional investors, venture capitalists, portfolio managers, retail brokers and qualified retail shareholders through digital media, one-on-one meetings in person and/or virtual meetings/presentations for the company.

Under the terms of the agreement, the duration of this appointment shall commence on Aug. 15, 2023, and end on Jan. 31, 2024, and may be terminated at any time, without notice, by either party during this period without penalty. Mr. Fry will receive $7,500 monthly for the initial period. If the agreement is extended beyond the initial period and (i) termination occurs after three months but less than six months of service, the company shall provide for two weeks of severance; and (ii) if termination occurs after six months of service, the company shall provide for three weeks of severance.

Mr. Fry does not hold any securities in the company.

Mr. Fry has also been granted options to purchase 200,000 common shares of the company at 20 cents per share exercisable for a period of five years from the date of issuance to be vested quarterly over a one-year period.

The agreement between the company and Mr. Fry and grant of options are subject to regulatory approval. Mr. Fry does not provide market-making activities.