Mr. James Bruchs reports

TSODILO RESOURCES LIMITED ANNUAL MEETING RESULTS

At Tsodilo Resources Ltd.'s annual meeting of shareholders held on June 9, 2023, the following directors were elected: James M. Bruchs, Thomas S. Bruington, Jonathan R. Kelafant, Blackie Marole and Mark Scowcroft.

Appointment of auditor

The shareholders also approved the appointment of Crowe MacKay LLP, Vancouver, Canada, as auditor of the company.

Grant of stock options

Under the terms of its stock option plan, Tsodilo granted incentive stock options to five directors, two employees and an adviser to purchase an aggregate of 950,000 common shares of Tsodilo exercisable at 21 cents. These options vest as to 25 per cent effective June 12, 2023, and 25 per cent on each of the sixth-, 12th- and 18th-month anniversaries of the date of the grant. The options are valid for five years.

About Tsodilo Resources Ltd.

Tsodilo Resources is an international resource exploration company engaged in the search for economic metal and diamond deposits at its Gcwihaba Resources and Bosoto Pty. Ltd. projects in Botswana. The company has a 100-per-cent stake in its Gcwihaba project area consisting of five metal (base, precious, platinum group and rare earth) prospecting licences all located in the northwest district of Botswana. The company has a 100-per-cent stake in Bosoto, which holds the BK16 kimberlite project in the Orapa kimberlite field (OKF) in Botswana. Tsodilo manages the exploration of the Gcwihaba and Bosoto projects.

We seek Safe Harbor.