Mr. Chris McLeod reports

PACIFIC IMPERIAL ANNOUNCES COMPLETION OF DEBT SETTLEMENT

Further to its news release of Aug. 13, 2024, Pacific Imperial Mines Inc. has completed a debt settlement through the issuance of 3,682,906 common shares of the company at a deemed price of three cents per share to settle debt owing for trade payables relating to exploration expenses provided to the company with a non-related party for a total amount of $110,487.20.

The shares issued pursuant to the debt settlement are subject to the TSX Venture Exchange hold period plus a hold period of four months and one day expiring on Dec. 14, 2024.

About Pacific Imperial Mines Inc.

Pacific Imperial is a mineral exploration company based in Vancouver, Canada, engaged in the acquisition, exploration, evaluation and development of mineral properties in an acceptable risk environment. The company's current focus is on the Eagle Mountain lithium property in the United States, the Brownell property in Saskatchewan, and the Pam and Babine properties in British Columbia.

We seek Safe Harbor.