Mr. Glenn Mullan reports

INTERNATIONAL PROSPECT ISSUES FINDER'S FEE SHARES ON COMPLETION OF SALE OF ELLIOT LAKE, BEARTOOTH ISLAND AND MATOUSH-OTISH MOUNTAIN URANIUM PROJECTS

International Prospect Ventures Ltd., further to its news release dated Oct. 4, 2023, in connection with the sale by the company to Platinex Inc. and Green Canada Corp. (GCC) (a wholly owned unlisted subsidiary of Platinex) of the 100-per-cent undivided right, title and interest in and to the company's portfolio of exploration-stage uranium projects located in top jurisdictions in Canada, has received TSX Venture Exchange approval for the payment of the finder's fee to an independent arm's-length third party, consisting of 600,000 common shares of the company. The finder's fee shares were issued at a deemed price per share of 3.5 cents and are subject to hold period and resale restrictions expiring on Feb. 24, 2024.