An anonymous director reports

SASSY GOLD CORP. ANNOUNCES AN INCREASE IN ITS OWNERSHIP OF THE COMMON SHARES OF MAX POWER MINING CORP.

On May 16, 2023, Sassy Gold Corp. (the acquiror), a shareholder of Max Power Mining Corp., acquired 150,000 shares of the company at 55.54 cents per share in the open market.

As a result of the acquisition of 150,000 shares on May 16, 2023, the acquiror's shareholdings increased to 10.10 per cent of the issued and outstanding shares of the company.

Prior to the acquisition of shares on May 16, 2023, the acquiror held 4,275,000 shares and one million common share purchase warrants and the acquiror's non-diluted shareholdings represented approximately 9.76 per cent of the company's issued and outstanding shares of 43,807,210.

As a result of the acquisition of 150,000 shares on May 16, 2023, the acquiror now holds 4,425,000 shares and one million warrants and the acquiror's non-diluted shareholdings now represent approximately 10.10 per cent of the company's issued and outstanding shares.

Thus, on a partially diluted basis (that is, assuming full exercise of all warrants and no other issuances of shares by the company), the acquiror would hold a total of 5,425,000 shares, representing approximately 12.11 per cent of the company's issued and outstanding shares. To obtain a copy of the early warning report filed by the acquiror, please contact the acquiror at 604-737-2303 or refer to the company's SEDAR profile.