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20220131 Exploits Announces Stock Option Grant

Share Capital & Compensation

Suite 3043-595 Burrard Street, Vancouver, BC, V7X 1J1

(+1) 778-819-2708

[email protected]

CSE: NFLD | OTCQB: NFLDF

EXPLOITS ANNOUNCES STOCK OPTION GRANT

Vancouver, British Columbia - January 31, 2022 - Exploits Discovery Corp. (“Exploits” or the “Company”)

(CSE: NFLD) (OTCQB: NFLDF) (FSE: 634-FF) announces that, in accordance with the Company’s stock

option plan, it has granted to employees and consultant 275,000 options exercisable on or before January

31, 2027 at a price of $0. 385 per share with 25% immediately , 25% after three months, 25% after six

months, remainder in nine months.

About Exploits Discovery Corp.

Exploits Discovery is a Canadian mineral exploration company focused on the acquisition and development

of mineral projects in Newfoundland, Canada. The Company currently holds the Jonathan's Pond, Dog Bay,

Mt. Peyton, Middle Ridge, True Grit, Great Bend, and Gazeebow projects covering approximately 2,000

square kilometres of mineral tenements. The 50% owned PB Hill projects syndicate covers an additional

area of almost 2,000 square kilometres.

Exploits believes that the Exploits Subzone Gold Belt, which runs 200 kilometres from Dog Bay southwest

to Bay d'Espoir, has been neglected since the last major exploration campaigns in the 1980s. The last 40

years have seen incremental advancements in the understanding of gold mineralization in the camp. The

sum of this knowledge is now coming together in discrete and effective exploration models that have

delivered results including New Found Gold's 2019 discovery hole. The Exploits Subzone ha s been the

focus of major staking and financing since late 2019 with high grade gold discoveries by Newfound Gold

and Labrador Gold as well as advanced resource development by Sokoman Minerals.

The team at Exploits, with significant local experience and knowledge, have studied the entirety of the

Exploits Subzone and surrounding regions, and having picked individual land claims for staking, purchase

or joint ventures, have developed a land package where there are opportunities for world class discoveries

and mine development. Exploits intends to leverage its local team and the larger shift in geologic

understanding and become one of the most extensive explorers in the Exploits Subzone.

ON BEHALF OF THE BOARD

/s/ "Jeff Swinoga"

President and CEO

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian

Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.

Forward-Looking Statements

This news release contains certain forward -looking statements, which relate to future events or future performance and

reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs

and are based on assumptions made by and information current ly available to the Company. Readers are cautioned that these

forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future

results to differ materially from those expected including, but n ot limited to, market conditions, availability of financing, actual

results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor

issues, delays in obtaining governmental approvals an d permits, and other risks in the mining industry. All the forward -looking

statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure fili ngs

available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does

not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Exploits Discovery Corp.

Suite 3043-595 Burrard Street, Vancouver, BC, V7X 1J1

(+1) 778-819-2708

[email protected]

CSE: NFLD | OTCQB:NFLDF

Acknowledgments

Exploits Discovery would like to acknowledg e the financial support of the Junior Exploration Assistance

Program from the Department of Natural Resources, Government of Newfoundland and Labrador.