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AUEN.V ·

Golden Sky Minerals Files for Approval for $220,000 Convertible debenture

Financings Debt & Credit Facilities Permits & Approvals

TSX-V: AUEN

Golden Sky Minerals Files for Approval for $220,000 Convertible debenture

Vancouver, British Columbia, June 10, 2025 – Golden Sky Minerals Corp. (TSX-V: AUEN) (“Golden

Sky” or the “Company”) is pleased to announce that it has filed documents with the TSX Venture

Exchange (the “Exchange”) seeking approval to close a convertible debenture financing.

A private investor has subscribed for a convertible debenture totaling CAD $220,000. The

debenture has a six-month term, bears interest at a rate of 9% per annum, and is convertible into

2,000,000 common shares of the Company at a conversion price of $0.11 per share.

"We are pleased to complete this convertible debenture, providing important funds to continue

advancing our key exploration activities at Rayfield," stated John Newell, President & CEO of

Golden Sky Minerals.

Proceeds from this investment will support ongoing work at the Company's flagship Rayfield

Project in British Columbia, including:

• Completion of a deep-IP geophysical survey using advanced 3D inversion modeling.

• Finalizing the second drill permit.

• Continued technical reporting and geological interpretation.

The Rayfield Project is strategically located within the prolific Quesnel Trough copper -gold

district, benefiting from exceptional infrastructure and a favorable regional geological setting.

About Golden Sky Minerals Corp.

Golden Sky Minerals (TSX- V: AUEN) is a Canadian mineral exploration company focused on

advancing high-potential copper and gold projects in British Columbia, Yukon, and Ontario. Its

flagship asset, the Rayfield Project, is situated in a highly prospective porphyry copper -gold

region, offering significant discovery potential and proximity to major mining operations.

For more information, please visit: www.goldenskyminerals.com

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

ON BEHALF OF THE BOARD

John Newell

President & CEO

Golden Sky Minerals Corp.

[email protected]

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 “woul d”, “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

involved 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 a nd 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 f orth in Golden Sky's public filings at www.sedar plus.ca. In

making the forward-looking statements in this news release, Golden Sky has applied several material assumptions,

including the assumption that general business and economic conditions will not cha nge 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.