Mr. Ken Booth reports

GITENNES RECEIVES TSX VENTURE APPROVAL FOR THE ACQUISITION OF KEY CLAIMS AT ITS SEPT ILES NICKEL PROPERTY, QUEBEC

Further to its news release dated Oct. 17, 2023, Gitennes Exploration Inc. has received TSX Venture Exchange approval for the acquisition of a 100-per-cent undivided interest in eight key claims at its Sept Iles nickel property located in the Sept Iles region in Quebec. With the acquisition of the eight claims the Sept Iles Nickel Property now consists of 199 claims totalling 10,900 hectares .

The purchase of the eight claims is subject to a purchase agreement dated October 16, 2023, between the Company and an arm's length seller (the "Seller"). As consideration for acquiring a 100% interest in the eight claims, the Company will issue as consideration to the Seller: (i) 1,500,000 units (each a "Unit"). Each Unit is comprised of one common share (a "Consideration Share") in the capital of Gitennes and one non-transferable share purchase warrant (each a "Warrant"). Each Warrant entitles the Seller to acquire one additional common share in the capital of Gitennes at an exercise price of $0.15 for a period of sixty (60) months; and (ii) Gitennes has granted to the Seller an aggregate 2% net smelter return royalty ("NSR") on the eight claims with Gitennes being granted a buyback of 1% of the NSR at any time for C$1.0 million. Additionally, a 0.5% NSR is granted to two arm's length persons that transferred the claims to the Seller.

The Consideration Shares will be subject to a statutory four month and one day hold period under applicable securities laws.

About Gitennes Exploration Inc.

Gitennes is in the business of exploring for and advancing mineral properties with a focus on high grade gold. The Company currently has three properties in the Chapais-Chibougamau area of Quebec: New Mosher, JMW and Maxwell and a 1.5% Net Smelter Return royalty on the 18 million ounce Urumalqui Silver Project in Peru. The Company recently sold its gold properties in the Gaspe Region of Quebec. All properties are 100% owned by Gitennes except for New Mosher which is under option and Gitennes can earn an initial 70% and has the right to increase its ownership to 85%.

We seek Safe Harbor.