Mr. Sandy McVey reports

WEST VAULT ANNOUNCES POSITIVE RESULTS OF ANNUAL MEETING OF SHAREHOLDERS

West Vault Mining Inc. has released positive results from its annual general meeting held on June 22, 2023, in Vancouver, B.C.

The annual meeting had a turnout of shareholders representing 77.35 per cent of its issued shares eligible to vote at the meeting. Shareholders strongly supported the appointment of the board and the resolutions proposed.

On a show of hands, the shareholders elected management's four nominees for directors. Details of the proxy voting are set out herein.

           VOTING RESULTS FOR ELECTION OF DIRECTORS

Director            Number of shares   Percentage of votes cast  

                                 For        For        Withheld  

Peter Palmedo             44,954,303      99.99%           0.01%    
Pierre Lebel              44,954,303      99.99%           0.01%    
Priscila Costa Lima       44,953,973      99.99%           0.01%    
Stephen Quin              44,948,103      99.98%           0.02%    

Significant shareholder support was received for the approval of the new share compensation plan for the company with 97.31 per cent of the shares voted in favour of this resolution. Shareholders also voted 100.00 per cent in favour of reappointing Deloitte LLP as auditor of the company for the ensuing year at a remuneration to be fixed by the directors.

Following the annual meeting, the directors appointed Sandy McVey as chief executive officer and chief operating officer, and Frank Hallam as chief financial officer and corporate secretary of the company for the ensuing year.

About West Vault Mining Inc.

West Vault is committed to maximizing shareholder value through its low-risk gold-in-ground strategy, which involves acquiring, advancing, holding and selling high-quality development gold projects in the best jurisdictions.

We seek Safe Harbor.