Mr. John Brydle reports

OPTIMUS SEEKS RENEGOTIATION OR CANCELLATION OF INFINITO JOINT VENTURE

Optimus Gold Corp. has failed to obtain TSX Venture Exchange acceptance for filing of the joint venture earn-in acquisition agreement with Infinito Gold Ltd. respecting Infinito's legal claims and related interests and negotiations arising from Costa Rica's unlawful acts, which ultimately resulted in Infinito stopping development of its planned gold mine at Las Crucitas, subsequent surface mining at Las Crucitas by illegal miners, and litigation at the World Bank Group's International Centre for Settlement of Investment Disputes (ICSID) and in Costa Rica.

Optimus is now seeking renegotiation of the joint venture or its cancellation. The joint earn-in acquisition agreement is more fully disclosed in Optimus's Oct. 26, 2022, news release.

As disclosed in Optimus's Oct. 28, 2022, news release, in connection with financing the joint venture, Optimus received a 16-month $450,000 loan from three parties on terms which included a 12-month warrant exercisable at 12 cents per share. The parties have informed Optimus it failed to obtain TSX Venture Exchange acceptance of the warrants in a timely manner and are otherwise seeking compensation and return of their investment.

We seek Safe Harbor.