Mr. Francois Perron reports

LUCKY PROVIDES UPDATE ON PROPOSED ACUISITION OF PRUDHOMME PROPERTY

Lucky Minerals Inc., further to its news release of Dec. 20, 2023, wishes to provide an update on the proposed acquisition of the Prudhomme property located in Northern Quebec, Canada. The company received conditional approval of the acquisition from the TSX Venture Exchange on Feb. 8, 2024.

The company continues to work toward satisfying the conditions precedent to closing the acquisition, including the arrangement of a concurrent private placement described in the company's press release dated Dec. 20, 2023. Also, in accordance with the transaction, the technical report is under way, and the company will be filing a technical report with respect to the property pursuant to National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

In addition, the company was granted a four-month extension by the British Columbia Registrar of Companies to the period in which it would be required to hold its annual general meeting (AGM) for the year 2023. The company has set April 30, 2024, for its AGM.

The completion of the acquisition and private placement remain subject to various additional conditions, including final approval of the TSX-V with respect to each of the acquisition and private placement.

For further details, please refer to the press release of the company dated Dec. 20, 2023, available on SEDAR+.

About Lucky Minerals Inc.

Lucky is an exploration and development company targeting large-scale mineral systems in proven districts with the potential to host world-class deposits.

We seek Safe Harbor.