Mr. Warren Becker reports

JUBILEE GOLD EXPLORATION LTD. CORPORATE UPDATE

Effective Aug. 21, 2023, Jubilee Gold Exploration Ltd. has appointed the following:

• Maureen L. Friesen has been appointed as a director of the corporation to fill a vacancy on the corporation's board of directors resulting from the resignation of Michael Burke as a director. Ms. Friesen, who has previously served on the board of directors of a predecessor corporation of the corporation, is a notary public in British Columbia, appointed by the Supreme Court of British Columbia on June 10, 1988, and has been in full-time practice since July 1, 1989. Ms. Friesen is also an active real estate investor.
• Ms. Friesen has also been appointed as a member of the audit committee of the board, which consequently comprises Ms. Friesen, Grant Ohman and Warren Becker.
• Mr. Becker, who currently serves as interim chief executive officer of the corporation, has also been appointed as interim president and secretary and chair of the board.

We seek Safe Harbor.