Mr. Francois Perron reports

LUCKY EXTENDS THE MATURITY DATE OF THE CONVERTIBLE DEBENTURE

Lucky Minerals Inc., pursuant to the news release dated Sept. 30, 2021, has reached agreement with holders of the convertible debenture entered into on Oct. 4, 2018 (the original debenture), to extend the maturity date of the convertible debenture by a further 90 days from Oct. 4, 2023, to Jan. 2, 2024 (the second amending agreement). The original debenture was set to mature on Oct. 4, 2021, and was extended to Oct. 4, 2023 (the first amending agreement).

The convertible debenture is convertible into units at 10 cents per unit, with each unit being composed of one common share and one-half of a common share purchase warrant. Each whole warrant is exercisable into one common share at a price of 15 cents per common share until Jan. 2, 2024 (amended from Oct. 4, 2023).

All other terms of the convertible debenture remain unchanged.

The second amending agreement was approved by holders of not less than 66-2/3 per cent of the outstanding convertible debenture.

The second amending agreement is subject to TSX Venture Exchange approval.

About Lucky Minerals Inc.

Lucky Minerals is an exploration and development company, targeting large-scale mineral systems in proven districts with the potential to host world-class deposits. Lucky Minerals owns a 100-per-cent interest in the Fortuna property.

The company's Fortuna project is composed of 12 contiguous, 550-square-kilometre (55,000 hectares or 136,000 acres) exploration concessions. Fortuna is located in a highly prospective, yet underexplored, gold belt in southern Ecuador.

We seek Safe Harbor.