Mr. Robert Abenante reports

ICONIC GOLD SELLS ITS REMAINING NON-CORE ASSETS

On June 22, 2023, International Iconic Gold Exploration Corp. entered into a purchase agreement to sell its remaining non-core assets to Bateria Metals Corp., a private corporation, in exchange for securities of Bateria. The non-core assets comprise mineral claims and mineral property options covering the following mining concessions: Las Aguilas I, Las Aguilas II, Marco Antonio, Virorco and Carachi Pampa IV.

Pursuant to the terms of the agreement, the company will sell to Bateria its 95-per-cent interest in Autumn Resources SA, which holds legal and beneficial title to or an option to acquire legal and beneficial title to all the concessions, in exchange for two million common shares in the capital of Bateria at a deemed price of $3 per share for a deemed transaction value of $6-million.

Completion of the transaction is conditional on satisfaction of customary conditions precedent set forth in the agreement. The transaction is subject to the review and approval of the TSX Venture Exchange. The company anticipates closing the transaction shortly after the approval of the TSX-V. The transaction is an arm's-length transaction and is another step for the company continuing on its path forward with a specific focus on its core gold assets.

We seek Safe Harbor.