Mr. Douglas Mason reports

MAGNUM GOLDCORP RECEIVES APPROVAL OF SHARES FOR DEBT SETTLEMENT

By news release dated April 4, 2025, Magnum Goldcorp Inc. entered into debt settlement agreements to settle obligations owed to certain non-arm's-length and arm's-length creditors, in the amount of $118,301.49, through the issuance of 2,366,030 common shares of the company at a deemed value of five cents per share. The company received TSX Venture Exchange acceptance of the settlement by letter dated April 23, 2025, and the subject shares were issued by the company at a deemed price of five cents per share. The shares issued pursuant to the settlement are subject to a statutory four-month hold period expiring on Aug. 24, 2025.