Mr. Frank Hallam reports

WEST VAULT ANNOUNCES NORMAL COURSE ISSUER BID

The TSX Venture Exchange has accepted West Vault Mining Inc.'s notice of intention to renew its normal course issuer bid (NCIB) to purchase outstanding common shares of West Vault on the open market in accordance with the policies of the TSX-V. The previous NCIB expired on April 10, 2024.

Pursuant to the renewed NCIB, the Company may purchase up to 2.9 million common shares, representing approximately 5% of the 57,959,826 outstanding common shares of the Company (the "Common Shares") as of May 3, 2024.

Purchases under the renewed NCIB are authorized to commence on May 6, 2024, and terminate on the earlier of the Company purchasing a total of 2.9 million Common Shares, the Company providing a notice of termination, or on May 5, 2025. All purchases will be made through the facilities of the TSXV at market prices and otherwise in accordance with the rules and policies of the TSXV. All Common Shares acquired by the Company under the renewed NCIB will be subsequently canceled. The price which the Company will pay for any such Common Shares will be the prevailing market price at the time of purchase. The funding for any purchase pursuant to the renewed NCIB will be financed out of the unallocated working capital of the Company. PI Financial Corp. will continue to conduct the renewed NCIB on behalf of the Company. The Company intends to utilize the renewed NCIB at its discretion to make opportunistic purchases to create shareholder value and manage the number of outstanding common shares.

The board of directors of the Company has authorized the renewed NCIB as such purchases constitute, in their opinion, an appropriate use of funds which will benefit both the Company and its shareholders.

Under the previous NCIB, the Company obtained approval to purchase up to 2.9 million Common Shares and actually purchased 298,500 Common Shares at an average price of approximately $0.87 per Common Share for a total cash consideration of $257,680 through the facilities of the TSXV.

We seek Safe Harbor.