Mr. Peter Schloo reports

HERITAGE MINING ANNOUNCED EXPECTED CLOSING OF NON-BROKERED PRIVATE PLACEMENT OF UNITS AND FLOW-THROUGH UNITS AUGUST 18, 2023

Heritage Mining Ltd. will be closing its final tranche (tranche 3) of its non-brokered private placement financing previously announced on March 21, 2023, on Friday, Aug. 18, 2023.

A deal term summary is shown in the attached table

About Heritage Mining Ltd.

The company is a Canadian mineral exploration company advancing its two high-grade gold-silver-copper projects in Northwestern Ontario. The Drayton/Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou greenstone belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The company is well capitalized, with a tight capital structure.

We seek Safe Harbor.