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GCP.CN ·

Golcap Appoints New Director

Management Changes

GOLCAP RESOURCES CORP.

595 Burrard Street, Suite 3043, Vancouver, British Columbia, V7X 1J5

NEWS RELEASE

GOLCAP ANNOUNCES APPOINTMENT OF DIRECTOR

Vancouver, B.C. – February 22, 2022‐ Golcap Resources Corp. (CSE: GCP) (the “Company” or “Golcap”)

announces that Christopher Reynolds has been appointed as a director of the Company effective February

22, 2022. Mr. Reynolds has been an investor in the natural resource sector for over 10 years delivering

solutions for corporate structure, strategy, and communications for small -cap juniors. He was an

instrumental part in the incubation of Lithium Consolidated Mineral Exploration, which went public on the

ASX in 2017. He started his career at Longview Capital Partners in corporate development, then worked

as an Investment Advisor at Mackie Research. He is currently the Founder of Progenitor Metals Corp. and

Director of several CSE Listed Companies, including Opawica Explorations Inc.

About Golcap Resources Corp.

Golcap Resources Corp. owns or has options on 3938 hectares (ha) of mineral claims located less than 1

km from Tulameen, B.C. Golcap owns the Redcap and SBGB mineral tenures and has optioned 2199 ha

of contiguous claims. Collectively called the “Redcap Property”, the tenures are situated in the southern

end of the Spences Bridge Gold Belt (“SBGB”) and is prospective for the discovery of precious and base

metal deposits. SBGB is BC’s newest gold belt that saw a major staking rush since Westhaven Venture’s

gold-bearing vein system (South Zone) discovery in late 2017.

FOR FURTHER INFORMATION CONTACT:

Justin Corinella

Chief Executive Officer

[email protected]

https://golcapresources.com

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in

the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of

this news release.