Mr. Jeff Swinoga reports

EXPLOITS CLOSES FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Exploits Discovery Corp. has completed the first tranche of a non-brokered private placement for gross proceeds of $1,799,996.

In connection with closing of the first tranche, the company issued 16,363,600 flow-through common shares at a price of 11 cents per FT share. The gross proceeds received by the company from the offering will be used to incur eligible Canadian exploration expenses that are flow-through mining expenditures (as such term is defined in the Income Tax Act (Canada)) related to the company's mining projects.

The company paid finders' fees in the amount of $107,999.76 to eligible finders, who assisted in introducing subscribers to the first tranche of the offering. All FT shares issued under the offering are subject to a hold period until March 9, 2024, in accordance with applicable securities legislation and the policies of the Canadian Securities Exchange.

About Exploits Discovery Corp.

Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The company is focused on discovering high-grade structurally hosted epizonal gold similar to New Found Gold's success along the Appleton Fault zone and parallel structures within the Exploits subzone.

Exploits is utilizing its experienced, talented local team and geologic understanding with the vision to become one of the most successful explorers in Canada.

We seek Safe Harbor.