Mr. Kosta Tsoutsis reports

K9 GOLD TO COMPLETE ROLLBACK

Effective Feb. 23, 2024, K9 Gold Corp. will implement the previously announced share consolidation on the basis of one postconsolidation common share for 10 preconsolidation common shares. The share consolidation was approved by a director resolution dated Jan. 16, 2024, and the company has received approval from the TSX Venture Exchange.

Following the share consolidation, the common shares are scheduled to begin trading on a postconsolidation basis at market open on Feb. 23, 2024. The new Cusip number will be 482627205 and the new ISIN (international securities identification number) will be CA4826272052. Following the share consolidation, the company will have approximately 9,013,600 common shares issued and outstanding prior to rounding for fractional shares.

No fractional shares shall be issued in connection with the share consolidation. Any fractional share resulting from the share consolidation will be rounded down to the nearest whole number, and any such fractional interest will be cancelled without consideration.

About K9 Gold Corp.

K9 Gold has assembled a highly experienced and dynamic team to explore its JB lithium project. K9 also operates the Stony Lake gold project in central Newfoundland. The project has been acquired from District Copper Corp. by an option agreement, whereby K9 can earn up to a 100-per-cent interest in the project (see the company's news release dated July 30, 2020). The company also owns a 100-per-cent interest in the Desert Eagle vanadium-uranium project located in the historic Henry Mountains mining district in southeastern Utah. The area has seen extensive historic vanadium and uranium mining and is close to Anfield Energy Inc.'s Shootaring Canyon mill.

We seek Safe Harbor.