Decade Announces Effective Date of Share Consolidation

Decade Resources Ltd.

426 King Street

Stewart, BC

V0T 1W0

TSX.V Trading Symbol: DEC

NEWS RELEASE

DECADE ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

July 6, 2022 – Vancouver, British Columbia – Decade Resources Corp. (TSXV: DEC) (the

“Company”) announces that, further to the Company’s press release on June 13, 2022, it is

proceeding with a consolidation of its issued and outstanding share capital on the basis of one post-

consolidated common share for every five pre-consolidated common shares (the “ Consolidation”).

No fractional shares will be issued as any fractional share will be rounded to the nearest whole

number. The new CUSIP number will be 242779304 and the new ISIN number will be

CA2427793047. The Company’s name and stock symbol will remain unchanged following the

Consolidation.

The Consolidation is subject to final confirmation by the TSX Venture Exchange (the “ Exchange”).

The Consolidation will be effective at the opening of markets on July 12, 2022. As a result of the

Consolidation, the 254,001,485 common shares which are currently issued and outstanding will be

reduced to approximately 50,800,297 common shares, subject to rounding.

Shareholders who hold their common shares through a securities broker or other intermediary

and do not have common shares registered in their name will not be required to take any

measures with respect to the Consolidation. Letters of transmittal with respect to the

Consolidation will be mailed shortly to all registered shareholders of the Company. All registered

shareholders who submit a duly completed letter of transmittal along with their respective share

certificate(s) representing the pre-consolidated common shares to the Company's transfer agent,

Computershare Trust Company of Canada, will receive a certificate representing the post-

consolidated common shares.

“Ed Kruchkowski”

Ed Kruchkowski, President

Decade Resources Ltd.

For investor information, please call 250-636-2264 or Gary Assaly at 604-377-7969.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS

THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements relating to the effective date of the

Consolidation, Exchange approval of the Consolidation, the number of common shares outstanding

following the Consolidation, the treatment of fractional shares in the Consolidation and other

statements that are not historical facts. Forward-looking statements are often identified by terms

such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other

than statements of historical fact, included in this release are forward-looking statements that

involve risks and uncertainties. There can be no assurance that such statements will prove to be

accurate and actual results and future events could differ materially from those anticipated in such

statements. Important factors that could cause actual results to differ materially from the Company's

expectations include those relating to the ability to complete the Consolidation on the effective date,

the number of post-Consolidation common shares being different from the number set out herein and

the treatment of fractional shares in the Consolidation being different from what is set out herein and

other risks detailed from time to time in the filings made by the Company with securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information

may prove to be incorrect. Events or circumstances may cause actual results to differ materially from

those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors,

many of which are beyond the control of the Company. The reader is cautioned not to place undue

reliance on any forward-looking information. Such information, although considered reasonable by

management at the time of preparation, may prove to be incorrect and actual results may differ

materially from those anticipated. Forward-looking statements contained in this news release are

expressly qualified by this cautionary statement. The forward-looking statements contained in this

news release are made as of the date of this news release and the Company will update or revise

publicly any of the included forward- looking statements as expressly required by applicable law.