Mr. Joseph Ovsenek reports

P2 GOLD ANNOUNCES OPTION GRANTS

Pursuant to P2 Gold Inc.'s stock option plan, it has granted stock options to directors, officers, employees and consultants of the company to purchase an aggregate of 1.4 million common shares in the capital of the company at an exercise price of eight cents per share, which expire on March 27, 2026. Following this stock option grant, the company has a total of 8,142,583 stock options outstanding representing approximately 6.88 per cent of the outstanding common shares of the company. This stock option grant is subject to acceptance by the TSX Venture Exchange.

About P2 Gold Inc.

P2 Gold is a mineral exploration and development company focused on advancing precious metals and copper discoveries and acquisitions in the Western United States and British Columbia.

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