Mr. Chris Wensley reports

GOLD RUNNER EXPLORATION ANNOUNCES CLOSING OF $920,000 NON-BROKERED PRIVATE PLACEMENT

Gold Runner Exploration Inc. has closed its previously announced non-brokered private placement financing for gross proceeds of $920,000 from the sale of 4.6 million units at a price of 20 cents per unit. Each unit is composed of one common share of the company and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share of the company at a price of 40 cents per common share for a period of 60 months from closing of the offering. The securities issued under the offering have a hold period expiring four months and one day from the date of issuance pursuant to applicable Canadian securities laws. Closing of the offering remains subject to regulatory approvals, including approval of the Canadian Securities Exchange.

Net proceeds from the offering will be used for exploration and development of the company's assets, claims and option payments in respect of the company's projects in the United States, geological evaluation of opportunities in Canada, and working capital and corporate purposes.

Pursuant to the offering, the company paid finders' fees to Canaccord Genuity Corp. and Ventum Financial Corp. consisting of $9,600 in cash and 48,000 broker warrants. Each broker warrant is exercisable for a period of two years from the date of issuance at a price of 40 cents per common share.

About Gold Runner Exploration Inc.

Gold Runner Exploration is an experienced exploration company focused on the exploration and development of its portfolio of gold and silver properties located in prolific mining districts of Canada and the United States. Rock Creek gold project is Gold Runner's flagship asset, with 74 unpatented lode mining claims wholly owned and controlled by the company. Emboldened by the results coming out of Rock Creek, the company strategically expanded the land position with the acquisition of the nearby Dry Creek prospect and the acquisition of the Falcon silver-gold prospect in September, 2022. Between the three properties, all targeting similar mineralization and likely the same hydrothermal system, Gold Runner Exploration now holds 239 total claims in close proximity of one another. These three gold prospects are situated in a region with proven world-class gold deposits (including Midas, Jerritt Canyon, Betze-Post, Meikle and Gold Quarry), where the potential of finding large, high-grade gold-silver deposits is favourable. Gold Runner also holds a 10-per-cent carried interest in the Cimarron project located in the San Antonio Mountains of Nye county, Nevada, composed of 31 unpatented lode mining claims, including control of six historically producing claims associated with the historic San Antonio mine. The property is located in the prolific Walker Lane trend, approximately 44 kilometres south of the world-class Round Mountain deposit.

We seek Safe Harbor.