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CLZ.V ·

Canasil Resources Inc. Announces Results of Annual General Meeting

Shareholder Meetings

Suite 1760 – 750 West Pender Street

Vancouver, BC

Canada V6C 2T8

Tel: 604-708 3788

Fax: 604-708 3728

Email: [email protected]

NEWS RELEASE TSX-V: CLZ

September 29, 2021 www.canasil.com

Canasil Resources Inc. Announces Results of Annual General Meeting

Vancouver, September 29, 20 21 - Canasil Resources Inc. ( TSX-V: CLZ , DB Frankfurt: 3CC, “Canasil”)

announces the voting r esults from its Annual General Meeting of Shareholders held on September 28,

2021, in Vancouver, B ritish Columbia . A total of 18,960,930 shares were represented at the meeting,

representing 15.12 per cent of the C ompany's issued and outstanding common shares. Shareholders voted

in favour of all matters brought before the meeting, including the number of Directors, appointment of

auditor for the ensuing year, confirmation o f the C ompany's Stock Option Plan , and the election of

management's nominees as Directors.

Results of Votes Cast at Canasil AGM, September 28, 2021

Resolution Votes For % Votes Against % Votes Withheld %

Number of Directors: 18,939,930 99.89 21,000 0.11 - 0.00

Directors:

Alvin Jackson 18,940,930 99.89 - 0.00 20,000 0.11

Michael McInnis 18,864,930 99.49 - 0.00 96,000 0.51

Arthur Freeze 18,939,930 99.89 - 0.00 21,000 0.11

Bahman Yamini 18,940,930 99.89 - 0.00 20,000 0.11

Other Resolutions:

Appointment of Auditor 18,940,930 99.89 - 0.00 20,000 0.11

Stock Option Plan 18,057,930 95.24 903,000 4.76 - 0.00

About Canasil:

Canasil is a Canadian mineral exploration company with a n excellent portfolio of 100% owned silver -gold-

copper-lead-zinc projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The

Company’s directors and management include industry professionals with a track record of identifying and

advancing successful mineral exploration projects through to discovery and further development. The

Company is actively engaged in the exploration of its mineral properties, and maintains an operating

subsidiary in Durango, Mexico, with full time geological and support staff for its operations in Mexico.

For further information please contact:

Bahman Yamini

President & CEO

Canasil Resources Inc.

Tel: 604-709 0109

[email protected]

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 news release.