Golden Sky Minerals Corp. Shareholders Approve Option and Joint Venture Agreement with Boliden

TSX-V: AUEN

Golden Sky Minerals Corp. Shareholders Approve Option and

Joint Venture Agreement with Boliden

Vancouver, BC, November 1 7, 2025 - Golden Sky Minerals Corp. (TSXV: AUEN; OTC: LCKYF)

("Golden Sky" or the "Company") is pleased to announce that at its a nnual and special meeting

of shareholders (the " Meeting") held on November 12, 2025 , a majority of disinterested

shareholders approved the previously announced Option and Joint Venture Agreement (the

"Agreement") with Boliden Mineral Canada Ltd., a wholly owned subsidiary of Boliden AB

("Boliden").

The shareholders have overwhelmingly approved the resolution, with more than 95% of

disinterested votes cast in favor, ratifying the definitive agreement dated September 3 rd, 2025.

Under the Agreement, Boliden has the option to earn an 80% interest in the Company's wholly

owned Rayfield copper -gold porphyry property located in south- central British Columbia by

funding C$20 million in exploration expenditures over staged miles tones. Upon completion of

the earn- in, a joint venture will be formed. The Agreement also combines Boliden's adjacent

100%-owned Gjoll Property with Rayfield, creating a district -scale exploration opportunity

spanning approximately 90,000 hectares in the prolific Quesnel Trough.

This partnership represents a cornerstone of Golden Sky's growth strategy, enabling the

Company to advance a high -potential asset with reduced financial risk and minimal equity

dilution. Boliden's commitment to fund up to C$20 million in exploration expenditures preserves

the Company's tight share structure, while providing Golden Sky with a free-carried 20% interest

through the discovery phase upon completion of the earn-in. Until Boliden elects to exercise the

option and fully funds the C$20 million (earning an 80% interest), Golden Sky retains 100%

ownership of the Rayfield Property.

Ongoing collaboration between Golden Sky and Boliden has already yielded aggressive

groundwork, including airborne geophysics and geochemical surveys completed in 2025, with

drilling planned to test multiple high- priority targets on the combined Rayfield -Gjoll land

GOLDEN SKY MINERALS CORP.

2110 -650 West Georgia Street

Vancouver, British Columbia

Canada, V6B 4N9

Telephone: 604 568 8807

Facsimile: 604 681 1864

www.goldenskyminerals.com

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package. A strong initial intercept could catalyze a material re -rating of the Company, unlocking

company making potential akin to gold-rich copper porphyries like New Afton or Mt. Polley.

John Newell, President and CEO of Golden Sky, commented:

"We are thrilled to see such resounding endorsement from our shareholders for this

transformative partnership. With over 95% approval from disinterested shareholders, this

milestone underscores the strong potential of the Rayfield- Gjoll Project. Boliden's commitment

positions us to unlock a significant copper -gold discovery in one of British Columbia's most

prospective mining belts, all while de-risking our path forward and enhancing shareholder value

by minimizing dilution."

Looking ahead, the partnership will focus on designing and executing an ambitious 2026

exploration program that includes geophysical and geochemical surveys, detailed geological

mapping, refined drill targeting, and an initial drilling campaign to test high -priority targets

identified through previous exploration work.

Completion of the transaction remains subject to final acceptance by the TSX Venture Exchange.

For further details on the Agreement and the Rayfield-Gjoll Project, shareholders and interested

parties are encouraged to review the Company's Management Information Circular dated

October 10, 2025, available under Golden Sky's profile on SEDAR+ at www.sedarplus.ca.

About Golden Sky Minerals Corp.

Golden Sky Minerals Corp. is a well-funded junior grassroots explorer engaged in the acquisition,

assessment, exploration, and development of mineral properties located in highly prospective

areas and mining-friendly districts. Golden Sky's mandate is to develop its portfolio of properties

to the mineral resource stage through systematic exploration.

Its portfolio includes the Rayfield-Gjoll Copper-Gold Project in British Columbia, the Hotspot and

Luckystrike gold projects in Yukon, and the Auden Gold Project in Ontario's Timmins camp.

Golden Sky's objective is to create value for shareholders through the discovery and development

of world-class mineral deposits. The company was incorporated in 2018 and is headquartered in

Vancouver, British Columbia, Canada.

On behalf of the board of Directors

John Newell, President & CEO

Contact Information:

Golden Sky Minerals Corp.

Phone: (604) 512-2329

Email: [email protected]

Website: www.goldenskyminerals.com

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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.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are "forward-looking information"

or "forward -looking statements" (collectively, "Forward -Looking Information") within the meaning of

applicable Canadian securities legislation. In certain cases, Forward-Looking Information can be identified

by the use of words and phrases such as "anticipates", "expects", "understanding", "has agreed to" or

variations of such words and phrases or statements that certain actions, events or results "would", "occur"

or "be achieved". Although Golden Sky has attempted to identify important factors and risks that could

affect Golden Sky and may cause actual actions, events or results to differ materially from those described

in Forward-Looking Information, there may be other factors and risks that cause actions, events or results

not to be as anticipated, estimated or intended, including, without limitation: inherent risks involved in

the exploration and development of mineral properties; the uncertainties in volved in interpreting drill

results and other exploration data; the potential for delays in exploration or development activities; the

geology, grade and continuity of mineral deposits; the possibility that future exploration, development or

mining results will not be consistent with Golden Sky's expectations; accidents, equipment breakdowns,

title and permitting matters; labour disputes or other unanticipated difficulties with or interruptions in

operations; fluctuating metal prices; unanticipated costs and expenses; uncertainties relating to the

availability and costs of financing needed in the future, including to fund any exploration programs on its

projects; that Golden Sky may not be able to confirm historical exploration results and other risks set forth

in Golden Sky's public filings at www.sedarplus.ca. In making the forward-l ooking statements i n this news

release, Golden Sky has applied several material assumptions, including the assumption that general

business and economic conditions will not change in a materially adverse manner. There can be no

assurance that Forward-Looking Information will prove to be accurate, as actual results and future events

could differ materially from those anticipated in such statements. Accordingly, readers should not place

undue reliance on Forward-Looking Information. Except as required by law, Golden Sky does not assume

any obligation to release publicly any revisions to Forward -Looking Information contained in this news

release to reflect events or circumstances after the date hereof or to reflect the occurrence of

unanticipated events.