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BST.V ·

Bessor Announces Appointment of New CFO

Management Changes

TSXV: BST

www.bessorminerals.com

Bessor Announces Appointment of New CFO

October 2, 2023 - Bessor Minerals Inc. (BST.H.:NEX) ("Bessor" or the " Company") announces the

appointment of Jeanie Yu as Chief Financial Officer of the Company. Joseph Meagher has resigned as

Chief Finan cial Officer. The appointment of Ms. Yu is subject to TSX Venture Exchange and NEX

review.

Jason Riley, the President and CEO of Bessor commented: “On behalf of Bessor and all its shareholders, I

want to thank Joseph for his commitment and contribution to Bessor as CFO for the past nine years . We

wish him the best of luck in his future endeavours.”

Ms. Yu is a CPA, CGA with over 15 years of international experience in financial management, financial

reporting, internal controls and corporate governance. Ms. Yu has held senior fina ncial positions ac ross

several industries including mining, pharmaceutical and manufacturing. She has exper ience in both

production-staged and exploration -staged publicly trad ed mining companies . Most recently, she was

responsible for all aspects of regulatory financial r eporting, accounting services, annual audits , and

government tax and regulatory reporting at Patriot Battery Metals Inc.

Prior to becoming a professional accountant, Ms. Yu worked for many years as a P rofessional Engineer

(BASc and P. Eng in Chemical Engineering) in the pulp and paper i ndustry after obtaining her Bachelor

of Applied Science degree from University of British Columbia.

BESSOR MINERALS INC.

Jason Riley

President

For further information, contact:

Email: [email protected]

Website: www.bessorminerals.com

Neither the NEX or the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in th e policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certa in forward -looking information. All statements included herein , other than statements of

historical fact, are forward-looking information and s uch information involves various risks and uncertainties. In particular,

this news release contains forward -looking information in respect of the review of the appointment of Ms. Yu as the Chief

Financial Officer of Bessor . There can be no assurance that such information will prove to be accurate, and actual results

and future events could differ m aterially from those anticipated in such information. This forward -looking information reflects

Bessor’s current beliefs and is based on info rmation currently available to Bessor and on assumptions Bessor believes are

reasonable. These assumptions include , but are not limited to , the belief that NEX and the TSX Ve nture Exchange will

accept the appointment of Ms. Yu as the Chief Financial Officer of Bessor . Forward-looking information is subject to known

and unknown risks, uncertainties and oth er f actors which may cause the actual results, level of activity, performa nce or

achievements of Bessor to be materially different from those expressed or implied by such forward-looking information. Such

risks and o ther factors may include, but are not li mited to: the early stage development of Bessor and its projects; general

business, economic, competitive, political and social uncertainties; capital market conditions and market prices for securities,

junior market securities and mining exploration company securities; commodity prices; t he act ual results of current

exploration and development or o perational activities; competition; changes in project parameters as plans conti nue to be

refined; accidents and other ri sks inherent in the mining industry; lack of insurance; delay or failure t o receive board or

regulatory approvals; changes in legislati on, including environmental legislation, affecting Bessor; timing and availabil ity of

external financing on acceptable te rms; conclusions of economic evaluations; and lack of qualified, skilled l abour or loss of

key individuals . A descr iption of other risk factors that may cause actual res ults to differ materially from forward -looking

CAN: 29932356.3

information can be found in Bessor’s disclosure documents on the S EDAR+ website at www.sedarplus.ca. Bessor does not

undertake to update any forward -looking information except in accordance with applicable securi ties laws. 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 news release.