An anonymous director reports

KARORA RESOURCES ANNOUNCES CONFERENCE CALL / WEBCAST DETAILS FOR FIRST QUARTER 2023 RESULTS

Karora Resources Inc.'s senior management will host a conference call/webcast on May 15, 2023, at 10 a.m. ET to discuss the corporation's first quarter 2023 results. The access information is provided below.

Date:  May 15, 2023

Time:  10 a.m. ET

North American callers please dial:  1-888-664-6383

Local and international callers please dial:  416-764-8650

To join the conference call without operator assistance, you may register and enter your phone number on-line to receive an instant automated call back and be placed into the call.

The call may also be accessed using the webcast link on-line.

Karora plans to issue a news release containing the first quarter 2023 results before markets open in Toronto on Monday, May 15, 2023.

A recording of the conference call will be available on-line, or for a one-week period beginning at approximately 1 p.m. ET on May 22, 2023, through the following dial in numbers:

North American callers please dial:  1-888-390-0541

Local and international callers please dial:  416-764-8677

Pass code:  355899 followed by the pound sign

About Karora Resources Inc.

Karora is focused on increasing gold production to a targeted range of 170,000 ounces to 195,000 ounces by 2024 at its integrated Beta Hunt gold mine and Higginsville gold operations (HGO) in Western Australia. The Higginsville treatment facility is a low-cost 1.6-million-tonne-per-year (Mtpa) processing plant, which is fed at capacity from Karora's underground Beta Hunt mine and Higginsville mines. In July, 2022, Karora acquired the one Mtpa Lakewood mill in Western Australia. At Beta Hunt, a robust gold mineral resource and reserve are hosted in multiple gold shears, with gold intersections along a five-kilometre strike length remaining open in multiple directions. HGO has a substantial mineral gold resource and reserve, and prospective land package totalling approximately 1,900 square kilometres. Karora has a strong board and management team focused on delivering shareholder value and responsible mining, as demonstrated by Karora's commitment to reducing emissions across its operations.

We seek Safe Harbor.