Mr. Peter Berdusco reports

GOLDSTRIKE CANCELS DEAL TO ACQUIRE JUPITER COPPER PROJECT, CHILE; ANNOUNCES MANAGEMENT CHANGE

Guyana Goldstrike Inc.'s binding letter of intent, dated July 19, 2023, to acquire the Jupiter copper project from Jupiter Electric Metals Inc. has been mutually terminated.

The company further announces it will not be proceeding with the concurrent financing or name change to Copper X Mining Inc. which were intended to accompany the transaction.

The company also announces the appointment of Michael Kinley as chief financial officer, effective immediately. Mr. Kinley has been the president of Winslow Associates Management & Communications Inc., a private consulting firm which provides professional services to junior public companies. Mr. Kinley is a chartered professional account and has served as an officer and director for several public companies over the past 25 years.

Mr. Kinley succeeds Scott Davis who has departed to pursue other interests. On behalf of the company, Guyana Goldstrike welcomes Mr. Kinley to the team and thanks Mr. Davis for his years of dedication and service to the company.

The company is recurrently reviewing and evaluating other resources opportunities.

We seek Safe Harbor.