Mr. Keith Anderson reports

GOLDEN SPIKE CONCLUDES DEBT SETTLEMENT TRANSACTION

Further to Golden Spike Resources Corp.'s announcement on Dec. 6, 2023, the company has issued 562,500 common shares at eight cents per share as settlement of indebtedness totalling $45,000.

The company determined to satisfy this outstanding indebtedness with shares to preserve its cash for operations. All shares issued pursuant to the transaction will be subject to a four-month-and-one-day hold period expiring on April 13, 2024.

About Golden Spike Resources Corp.

Golden Spike Resources is a Canadian mineral exploration company focused on identifying, acquiring and unlocking value in mineral opportunities in Canada and other low-risk jurisdictions. The company currently holds 100-per-cent interest in the 3,425-hectare Gregory River property in Newfoundland, strategically centred over an approximate 11-kilometre-long stretch of the Gregory River VMS belt, a north-northeast-trending corridor of very prospective ground with potential to host Cyprus-type polymetallic VMS deposits. In addition, the property hosts a cluster of historically explored, high-grade, copper plus or minus gold vein structures.

We seek Safe Harbor.