Mr. Warren Becker reports

JUBILEE GOLD EXPLORATION LTD. APPOINTS A NEW CHIEF FINANCIAL OFFICER

Jubilee Gold Exploration Ltd. has appointed Okunola Joshua Aina as its chief financial officer, effective Jan. 10, 2024.

Appointment of Mr. Aina as chief financial officer

Mr. Aina is a senior finance and accounting professional with 15 years of experience, with the early part of his career spent in public accounting practice with PricewaterhouseCoopers (PwC), followed by roles in the corporate industry with both public and private companies within and outside Canada. His experiences span across several industries and markets, including advising the board and management team on corporate financial reporting, regulatory compliance, SOX internal controls, risk management and strategic business process improvement. He has occupied various leadership roles such as the head of finance at an agricultural technology start-up company and stat to tax leader with General Electric for West Africa.

Mr. Aina is a chartered professional accountant (CPA) with Chartered Professional Accountants of Ontario (CPAO). He is also an associate chartered accountant (ACA) with the Institute of Chartered Accountants of Nigeria (ICAN). He obtained his bachelor's degree (honours) in accounting from the University of Lagos.

Mr. Aina will succeed Keith Li, who has served as the company's chief financial officer since January, 2020. The company would like to take this opportunity to thank Mr. Li for his role and effort over the past few years.

We seek Safe Harbor.