Unit”) at a price of $0.10 per FT Unit for aggregate gross proceeds of up to $325,000. The gross proceeds from the Offering are intended to be used to incur Canadi an Exploration Expenses that are “flow-through mining expenditures” (as such terms are defined in the Income

Vancouver, BC – December 22, 2020 – Gitennes Exploration Inc. (TSX-V:GIT) (“Gitennes” or the “Company”) announces that it is undertaking a non-brokered private placement (the “Offering”) of up to 3,250,000 flow-through units in the capital of the Company (each, a “FT Unit”) at a price of $0.10 per FT Unit for aggregate gross proceeds of up to $325,000.

The gross proceeds from the Offering are intended to be used to incur Canadian Exploration Expenses that are “flow-through mining expenditures” (as such terms are defined in the Income Tax Act (Canada)) on the Company’s Quebec projects located in the Chapais-Chibougamau area.

The Offering is expected to close on or before December 23, 2020 subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance for filing of the Offering by the TSX Venture Exchange (“TSXV”) and any applicable securities regulatory authorities. Each FT Unit consists consisting of one post-consolidation common share and one half post-consolidated common share purchase warrant, with each full warrant entitling the holder to acquire one additional post-consolidation common share at a price $0.15 per share for a period of twenty four (24) months.;

The Company may pay finder's fees to arm's length parties that have introduced the Company to subscribers participating in the Offering. All securities issued in connection with the Offering will be subject to a four-month and one day hold period in Canada

About Gitennes Exploration Inc.

Gitennes is in the business of exploring for and advancing mineral properties with a focus on high grade or large tonnage gold deposits. The Company currently has four properties in Quebec: JMW, Maxwell, RAL and New Mosher, the Snowbird gold property in British Columbia and a 1.5% Net Smelter Return royalty on the 18 million ounce Urumalqui Silver Project in Peru. JMW and Maxwell are 100% owned by Gitennes. RAL and New Mosher are under option and Gitennes can earn an initial 70% and has the right to increase its ownership to 85%.

For more information on the Company please go to www.gitennes.com.

Gitennes Exploration Inc.

Ken Booth President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute an offer to sell or a solicitation to buy any of the securities of Gitennes in the United States.

Suite 410 – 325 Howe Street, B.C. V6C 1Z7 Tel: 604-682-7970 email: [email protected] website: www.gitennes.com