Mr. Dan Denbow reports

SIGNATURE RESOURCES LTD. ANNOUNCES RESULTS OF 2023 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS AND CHANGES TO MANAGEMENT TEAM

Signature Resources Ltd. has released the results of voting at its annual general and special meeting of the shareholders, which was held today.

All matters submitted to the shareholders, as set out in the company's notice of meeting and management information circular, were approved by the requisite majority of votes cast at the meeting.

Election of directors

Shareholders approved the election of the five directors as set out herein:

• Paolo Lostritto;
• Stephen Timms;
• Lisa Davis;
• Dan Denbow;
• John Hayes.

Appointment of auditor

McGovern Hurley LLP, chartered professional accountants, was appointed auditor of the company for the ensuring year at the remuneration to be fixed by the directors.

Approval of incentive stock option plan

Shareholders approved the company's incentive stock option plan as set out in the management information circular of the corporation.

Management change

The company also would like to announce that, effective Sept. 7, 2023, Rebecca Hudson will be appointed as chief financial officer to replace Donna McLean, who has served as the company's chief financial officer since 2021. The company wishes to thank Ms. McLean for her dedicated service and wishes her well in her future endeavours and would like to further extend a warm welcome to Ms. Hudson.

Ms. Hudson has 23 years experience as a chartered professional accountant, having worked as a senior auditor with firms Grant Thornton LLP in Toronto, Canada, and PricewaterhouseCoopers in the Dominican Republic. She is currently the chief financial officer of EV Minerals Corp., Nova Mentis Life Science Corp. and a private drilling company Andean Drilling Services Inc. Ms. Hudson also works as a consultant with Grove Corporate Services, where she acts as controller for several clients. She has held managerial positions at mining companies Xstrata and Falconbridge, completed project-based work for Iamgold at its offices in Quito, Ecuador, and was the controller of Royal Nickel Corp. and Barkerville Gold Mines Ltd. Ms. Hudson formerly served as the CFO of Terrascend Corp., Hornby Bay Mineral Exploration Ltd., Wabi Exploration Inc., Lithium One Inc. and Claim Post Resources Inc. Ms. Hudson has both her bachelor of arts and master's degree from the School of Accountancy at the University of Waterloo. She is fluent in English and Spanish.

About Signature Resources Ltd.

The Lingman Lake gold property consists of 1,434 staked claims, four freehold fully patented claims and 14 mineral right patented claims totalling approximately 27,113 hectares. The property includes what has historically been referred to as the Lingman Lake gold mine, an underground substructure consisting of a 126.5-metre shaft, and three levels at 46-metre, 84-metre and 122-metre depths. There has been over 28,000 metres (177 drill holes) of historical drilling done on the property.

We seek Safe Harbor.