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AUEX.CN ·

Advance United Holdings Inc. Announces Appointment of CFO - Sept 7, 2023

Management Changes

Advance United Holdings Inc. Announces appointment of CFO.

Toronto, Ontario–(September 7, 202 3) – Advance United Holdings Inc. (CSE: AUHI) ( OTCBQ:

AUHIF) (FSE: 9I0) (the “Company” or “Advance United”) is pleased to announce that Mr. Radovan

Danilovsky has been appointed as the Chief Financial Officer of the Company, effective September

1, 2023.

Mr. Danilovsky is an experienced small-cap executive in Junior Mining sector. He is currently the

President, Corporate Secretary and interim CFO of McLaren Resources Inc., a junior gold

explorer with projects in the area of the Company’s Melba Project.

Mr. Danilovsky is also an experienced investment manager, including Flow-Through funds.

Currently, he is a registered Portfolio Manager with Wealthera Inc. Mr. Danilovsky also served

as a Managing Director, Portfolio Manager and Chief Compliance Officer of Orthogonal Capital

Management Corp. Prior to that he was an investment analyst at Accilent Capital Management

Inc., known for its successful Pavilion Flow-Through LP series of funds.

Mr. Danilovsky has completed his studies in sciences at University of Toronto and master’s

at UPMC Sorbonne University. Additionally, he holds a master’s degree in management from

ESSEC Business School, Paris, France, and a Chartered Investment Manager designation from

Canadian Securities Institute.

Jim Atkinson, CEO of Advance Holdings comments” We are very pleased to have Mr. Danilovsky

accept the position of Chief Financial Officer of the Company. His varied and extensive experience

will be invaluable to the Company going forward and his experience will assist us in our future

efforts. He has experience in the Junior mining sector and has even worked in the bush! We

welcome him to the team.”

About Advance United Holdings

Advance United brings an entirely different approach to the mining industry. We don’t mine.

Rather, we’ve acquired a portfolio of undervalued gold properties and are increasing their value

through the application of modern technology. We have a growing pipeline of similar properties

that we are looking to acquire. And now we’ve launch ed the Au Marketplace. A first of its kind

digital platform that connects owners of mineral commodities and deposits with developers and

producers.

We are involved exclusively in the acquisition and advancement of past projects – with no intent

to bring them back into production or to mine them ourselves. Our expertise is in identifying and

acquiring undervalued properties with significant historical work, which were uneconomic at the

time, but we believe have economic value at today’s prices.

We fund the development of re -working historic data and applying modern technology to

underwrite new qualified reports, document quantifiable resources and reserves to current

standards, thereby recognizing the current value.

Our purpose is to bring immediate and long -term value to our partners and shareholders while

seeking to eliminate exploration risk, so that we can all advance united in the shortest possible

time frame.

For additional information about us, our projects, or to find out how you can list your project in

the Au Marketplace, visit www.advanceunited.ca.

Contact Information

James Atkinson, P . Geo., CEO

Email: [email protected]

Tel: (647) 278-7502

Forward-Looking Information and Cautionary Statements

This news release may contain “forward -looking information” within the meaning of applicable

securities laws relating to the trading of the Company’s securities and the focus of the Company’s

business. Any such forward -looking statements may be identified by words such as “expects”,

“anticipates”, “intends”, “contemplates”, “believes”, “projects”, “plans” and similar expressions.

Forward-looking statements in this news release include statements regarding the Company’s

ability to increase the value of its c urrent and future mineral exploration properties and, in

connection therewith, any long -term shareholder value, the Company’s ability to mitigate or

eliminate exploration risk, and the Company’s intention to develop a portfolio of historic gold

properties. Readers are cautioned not to place undue reliance on forward -looking statements.

These statements should not be read as guarantees of future performance or results. Such

statements involve known and unknown risks, uncertainties, and other factors that may cause

actual results, performance, or achievements to be materially different from those implied by

such statements. Although such statements are based on management’s reasonable

assumptions, there can be no assurance that the Company will continue its business as described

above. Readers are encouraged to refer to the Company’s annual and quarterly management’s

discussion and analysis and other periodic filings made by the Company with the Canadian

securities regulatory authorities under the Company’s pro file on SEDAR + at www.sedarplus.ca.

The Company assumes no responsibility to update or revise forward -looking information to

reflect new events or circumstances or actual results unless required by applicable law