Mr. Guy Goulet reports

MOROCCO STRATEGIC MINERALS CLOSES PRIVATE PLACEMENT FOR A TOTAL AMOUNT OF $1,000,0000

Morocco Strategic Minerals Corp. has closed a non-brokered private placement, raising total gross proceeds of $1-million through the issuance of 10 million units of the corporation at a price of 10 cents per unit.

Each unit consists in one common share of the corporation and one-half of one common share purchase warrant. Each whole warrant entitles its holder to purchase one common share at an exercise price of 15 cents per common share for a period of 24 months.

All securities issued in connection with the offering are subject to a statutory hold period ending four months and one day from the date of their issuance, in accordance with applicable securities laws. The offering remains subject to final approval from the TSX Venture Exchange.

In connection with the completion of the offering, the corporation expects to pay finders' fees in an aggregate amount of $70,000 and issue a total of 700,000 warrants to arm's-length third parties who assisted the corporation by introducing subscribers to the offering.

The corporation intends to allocate the net proceeds from the offering toward the development of the corporation's portfolio in Quebec and Morocco, encompassing potential growth opportunities, as well as for general working capital purposes.

PDAC convention

Morocco Strategic Minerals would like to invite its shareholders and other stakeholders to visit us at booth No. 3021 in the investors exchange exhibition room at the Prospectors and Developers Association of Canada (PDAC) convention. The PDAC, one of the world's premier resource conferences, will be held at the Metro Toronto Convention Centre in Ontario from Sunday, March 2, 2025, to Wednesday, March 5, 2025.

Previous private placement

With reference to the corporation's press release issued on Jan. 24, 2025, under the second tranche, the corporation issued 2,987,500 units (instead of 3,087,500 units), at a price of eight cents per unit, for gross proceeds of $239,000. In the aggregate, the corporation raised gross proceeds of $939,000 and issued 11,737,500 units under the private placement.

Digital marketing services agreement

Further to the corporation's press release dated Jan. 24, 2025, announcing the engagement of Senergy Communications Capital Inc. to provide digital marketing services, Senergy is a Vancouver, British Columbia-based, communications and media marketing company with the goal of helping public companies reach new investors and maintain relationships with shareholders using on-line strategies and paid ads. Senergy has the ability to execute and deliver effective digital marketing services between public companies and investors.

Senergy and its principal and chief executive officer Aleem Fidai are at arm's length to the corporation and advise they do not own any securities in the corporation and do not have any right or intent to acquire an interest in the corporation.

About Morocco Strategic Minerals Inc.

Morocco Strategic Minerals is a Canadian mineral exploration company focused on the acquisition, exploration and, if warranted, development of natural resource properties of merit in Canada and Morocco.

We seek Safe Harbor.