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AUXX.V ·

Goldshore Announces Change in Financial Year-End

Corporate Actions

EE

Goldshore Announces Change in

Financial Year-End

VANCOUVER, B.C., July 10, 2023: Goldshore Resources Inc. (TSXV: GSHR / OTCQB: GSHRF

/ FWB: 8X00) (“Goldshore” or the “ Company”), announces a change in its financial year -end

from March 31 to December 31. The change in financial year -end has been made to align the

timing of the Company’s financial reporting obligations with its internal budgeting and forecasting

process and with its peers. The next financial year-end of the Company for its transition year will

occur on December 31, 2023.

Further details regarding the change in financial year-end is available in the Company's notice of

change in year -end prepared in accordance with Section 4.8 of National Instrument 51-102

Continuous Disclosure Obligations and filed under the Company's SEDAR profile

at www.sedar.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of

the TSXV) accepts responsibility for the adequacy or accuracy of this release.

About Goldshore

Goldshore is an emerging junior gold development company, and owns 100% of the Moss Gold

Project located in Ontario. Wesdome is currently a large shareholder of Goldshore, and the

company is supported by an industry-leading management group, board of directors and advisory

board. Goldshore is well positioned to advance the Moss Gold Project through the next stages of

exploration and development.

For More Information – Please Contact:

Brett A. Richards

President, Chief Executive Officer and Director

Goldshore Resources Inc.

P. +1 604 288 4416 M. +1 905 449 1500

E. [email protected]

W. www.goldshoreresources.com

Facebook: GoldShoreRes | Twitter: GoldShoreRes | LinkedIn: goldshoreres

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Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute “forward-looking statements”. Such forward

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

cause the Company’s actual results, performance or achievements, or developments to differ

materially from the anticipated results, performance or achievements expressed or implied by

such forward-looking statements. Forward looking statements are statements that are not

historical facts and are generally, but not always, identified by the words “expects,” “plans,”

“anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or

that events or conditions “will,” “would,” “may,” “could” or “should” occur.

Forward-looking statements in this news release include, among others, statements relating to

expectations regarding the exploration and development of the Moss Gold Project, and other

statements that are not historical facts. By their nature, forward-looking statements involve known

and unknown risks, uncertainties and other factors which may cause our actual results,

performance or achievements, or other future events, to be materially different from any future

results, performance or achievements expressed or implied by such forward-looking statements.

Such factors and risks include, among others: the Company may require additional financing from

time to ti me in order to continue its operations which may not be available when needed or on

acceptable terms and conditions acceptable; compliance with extensive government regulation;

domestic and foreign laws and regulations could adversely affect the Company’s business and

results of operations; the stock markets have experienced volatility that often has been unrelated

to the performance of companies and these fluctuations may adversely affect the price of the

Company’s securities, regardless of its operating performance; and the impact of COVID-19.

The forward-looking information contained in this news release represents the expectations of the

Company as of the date of this news release and, accordingly, is subject to change after such

date. Readers should not place undue importance on forward-looking information and should not

rely upon this information as of any other date. The Company undertakes no obligation to update

these forward-looking statements in the event that management's beliefs, estimates or opi nions,

or other factors, should change.