Mr. Marcel de Groot reports

LEVEL 14 ANNOUNCES EFFECTIVE DATE OF NAME CHANGE AND CONSOLIDATION

Further to Level 14 Ventures Ltd.'s press release dated Dec. 5, 2023, the company will change its name to Copper Standard Resources Inc., change its stock ticker symbol on the Canadian Securities Exchange to CSR and consolidate its issued and outstanding common shares on the basis of one postconsolidation share for every three preconsolidation shares.

The company anticipates that the name change, symbol change and consolidation will take effect at market close on Dec. 22, 2023, with trading under the new Cusip/ISIN numbers 216928101/CA2169281011 to take effect at the start of trading on Dec. 27, 2023. As a result of the consolidation, the 92,215,501 shares issued and outstanding prior to the consolidation will be reduced to approximately 30,738,500 shares and outstanding stock options and warrants will also adjust accordingly. Each shareholder's percentage ownership in the company and proportionate voting power will remain unchanged after the consolidation, except for minor changes and adjustments resulting from the treatment of any fractional shares.

Registered holders of shares do not need to take any action. The company's transfer agent, TSX Trust Company, will send to all registered holders a notice under the direct registration system indicating the number of shares that they hold as a result of the consolidation. Currently outstanding share certificates representing shares will continue to be effective. They should be retained by registered holders and should not be forwarded to the company or its transfer agent. Non-registered shareholders will have their brokerage accounts automatically updated to reflect the consolidation.

The company also announces that it has filed an amended offering document dated Dec. 19, 2023, in connection with its previously announced private placement offering under the listed issuer financing exemption on Dec. 1, 2023. The amended offering document can be accessed under the company's profile at SEDAR+ and at the Level 14 website. The amended offering document was filed to, among other things: update recent developments to include the name change, symbol change and consolidation; add a minimum offering size; and contemplate closing in tranches. Prospective investors should read the amended offering document before making an investment decision.

About Level 14 Ventures Ltd.

Level 14 is an exploration-stage mining company with a focus on copper and gold, with an option to acquire 100 per cent of the Colpayoc property in Peru. Colpayoc has significant, untested potential for a copper-gold porphyry at depth beneath drill holes bottoming in copper-gold sulphide mineralization. Colpayoc is largely untested with limited drilling and is similar to many of the world-class porphyry copper-gold deposits within this prolific belt. Level 14 continues to evaluate opportunities in the mineral sector on a continuing basis.

We seek Safe Harbor.