Mr. Jonathan Hamel reports

MOSAIC MINERALS ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Mosaic Minerals Corp. has released the results of its annual general meeting of shareholders held on Nov. 2, 2023.

A total of 7,595,424 common shares were represented in person or by proxy at the meeting, representing 11 per cent of the company's issued and outstanding common shares. All directors nominated as listed in the information circular were re-elected.

Details of votes on all matters of business considered at the meeting are available in the company's report of voting results on SEDAR+.

Grant of stock options

The company also announces that incentive stock options have been granted to directors, officers and consultants to purchase up to 750,000 common shares at a price of seven cents per share for five years, pursuant to its stock option plan. The company currently has 69,528,071 shares issued and outstanding, along with 5.65 million options (including the options described above) and 2,154,000 warrants outstanding.

About Mosaic Minerals Corp.

Mosaic Minerals is a Canadian mineral exploration company listed on the Canadian Securities Exchange, now focusing on the exploration for future strategic nickel and lithium deposits in priority on the Quebec province territory, which has a long and successful history of base metal production, principally in the Rouyn-Noranda, Matagami, Val d'Or and Chibougamau mining camps.

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