Aurum Lake Mining Corporation Announces Resignation of Director and Appointment of New Director

AURUM LAKE MINING CORPORATION

Brookfield Place, Suite 4400

181 Bay Street, Toronto, ON M5J 2T3

PRESS RELEASE

September 9, 2022 TSX-V: ARL.P

AURUM LAKE MINING CORPORATION ANNOUNCES RESIGNATION OF DIRECTOR

AND APPOINTMENT OF NEW DIRECTOR

TORONTO, ON – Aurum Lake Mining Corporation (the “Company”) announces that Mr. Jingbing

Wang has resigned from the Board of Directors (the “ Board”) to focus on other commitments and

Mr. Weizhe Zhong has been appointed as a new director of the Company effective immediately.

Mr. Zhong is currently th e Chief Executive Officer (“ CEO”) of Gold Mountains Vision Investment

Management Ltd. (“GMV”), a subsidiary of Zijin Mining Group Co., Ltd. Prior to GMV, he served as the

Chief Investment Officer of Sino-Zijin Resources Ltd. He also worked at SinoTech (Hong Kong)

Corporation as CEO, where he supervised the company’s overseas investments and supported the

operations of multiple TSX-V listed exploration companies. Mr. Zhong graduated from China University

of Geosciences and University of Waterloo as a geologi st. He has experience in exploration, development

and investment in mining projects across the Americas, Africa and Asia.

The Company expresses sincere thanks to Mr. Wang for his efforts and contributions as director of the

Company and welcomes Mr. Zhong to the board.

About Aurum Lake Mining Corporation

The Company is a capital pool company created under Policy 2.4 of the TSX Venture Exchange (“TSXV”).

It does not own any assets, other than cash or cash e quivalents. The principal business of the Company is

to identify and evaluate opportunities for the acquisiti on of an interest in assets or businesses and, once

identified and evaluated, to negotia te an acquisition or participation so as to complete a Qualifying

Transaction (as such term is defined in the polici es of the TSXV). Any propo sed Qualifying Transaction

must be approved by the TSXV and, in the case of a non-arm’s length Qualifying Transaction, must also

receive majority approval of the minority shareholde rs. Until the completion of a Qualifying Transaction,

the Company will not carry on any business other than the identification and evaluation of businesses or

assets with a view to completing a proposed Qualifying Transaction.

For further information:

Patrick Sapphire

Chief Executive Officer

Tel: 647-530-1117

Neither 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.