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TMIN.CN ·

ELVN Appoints Jennifer Shaigec as Advisor

Management Changes

Date: February 17, 2023

News Release: 23-06

Not for dissemination in the United States or through U.S. newswires

1111 Exploration Corp. Appoints Jennifer Shaigec as Advisor

February 17, 2023 Vancouver, British Columbia - 1111 Exploration Corp. (CSE: ELVN) is pleased to

announce that Jennifer Shaigec has joined the Company as an advisor effective immediately.

Jennifer has joined the Company as a strategic business advisor, to assist with building awareness of

the Company, strategy and execution, and securing new investment. Based in Calgary, Alberta, Ms.

Shaigec’s background in commodities trading analysis with TC Energy, Alliance Pipelines, and Reliant

Energy, as well as a Commodity Specialist for CommonStock Inc. has provided her with extensive

experience in commodities trading and logistics, mining projects, marketing, regulatory affairs,

compliance, mergers & acquisitions, and extensive business contacts across North America. Ms.

Shaigec is excited about the outlook for the Company. 1111 Exploration is the only microcap or junior

exploration Company that Ms. Shaigec has agreed to take an advisory role with to date.

CEO Rob Cameron comments “We are pleased to have Jennifer join the Company in an advisory role.

She brings a tremendous amount of experience in all facets of operating a mineral exploration

company and is a welcome addition to our expanding technical and advisory team.”

Sven Gollan, Manager of Business Development, stated "Ms. Shaigec joins our team, as she shares

our vision for change and differentiation from a crowded sector. Her extensive experience in specific

areas and reach to investors make her a valuable asset to our company. We are confident that her

presence will further strengthen our team and drive our continued growth."

About 1111 Exploration Corp.:

1111 Exploration Corp. is a Canadian mineral exploration company focused on creating shareholder

value through exploration, acquisition, and development of mineral projects.

On behalf of the Company

Scott Young

Director

Sven Gollan

Manager Business Development

For further information, please call:

Scott Young

604-377-5781

[email protected]

2

Neither CSE Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this

release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within,

other than statements of historical fact, are to be considered forward looking. Although the Company believes the

expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not

guarantees of future performance and actual results or developments may differ materially from those in forward-looking

statements. Factors that could cause actual results to differ materially from those in forward-looking statements include

market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic,

market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers

are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-

looking statements except as required under the applicable laws.