Mr. Graydon Kowal reports

GUARDIAN EXPLORATION ANNOUNCES TERMINATION OF PROPOSED ACQUISITION OF SAUDI ARABIAN MINING COMPANY

Guardian Exploration Inc.'s non-binding letter of intent with Site Exploration Mining Company (SEMC) and its shareholders originally signed on Dec. 5, 2023, has terminated. During the due diligence process, it was discovered that SEMC was in default of its corporate filings and payment of annual fees, and the letter of intent was not extended.

About Guardian Exploration Inc.

Guardian is in the business of oil and gas as well as mineral exploration and development. Guardian's first prospect is the Mount Cameron property, located in Yukon's Mayo mining district. Guardian also holds mineral claims located on southern Dall Island, southeastern Alaska, United States, known as the Kaigani claims, which it acquired in February, 2022.

We seek Safe Harbor.