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EPL.V ·

Eagle Plains Shareholders Approve all Matters at Annual Meeting

Shareholder Meetings

Eagle Plains Shareholders Approve all Matters at Annual Meeting

Cranbrook, B.C., December 9th, 20 21: Eagle Plains Resources Ltd. ( TSX-V:”EPL”),(the

“Company”) shareholders approved all matters put before them at the Company's Annual and Special

Meeting held on December 8th, 2021 at the Company’s offices in Cranbrook, BC.

1. Elected the following directors of the Company for the ensuing year: Timothy Jay Termuende,

Charles C. Downie, Glen J. Diduck, Darren B. Fach, William (Bill) Bennett and Paul Reynolds;

2. Appointed Crowe MacKay LLP as auditors of the Company for the ensuing year;

3. Passed a resolution approving the renewal of the Company's Stock Option Plan;

Eagle Plains remains active in the junior mining space, with ongoing proje cts targeting a variety of

commodities located in British Columbia, Saskatchewan, Yukon, and NWT. The Company remains

financially healthy and currently holds $6.1M cash in treasury, over $4.0M in short-term investments

and no debt. In addition, Eagle Plains owns a modern office building, additional lands and structures in

the East Kootenay region, automobiles, field and office equipment. TerraLogic Exploration Inc., EPL’s

100%-owned subsidiary , continues to generate significant revenue through its mineral exploration

consulting activities for third-party clients.

About Eagle Plains Resources

Based in Cranbrook , B.C., Eagle Plains continues to conduct research, acquire and explore mineral

projects throughout western Canada. The Company is committed to steadily enhancing shareholder

value by advancing our diverse portfolio of projects toward discovery through col laborative

partnerships and development of a highly experienced technical team. Eagle Plains also holds

significant royalty interests in western Canadian projects covering a broad spectrum of commodities.

Management’s focus is to advance its most promising exploration projects. In addition, Eagle Plains

continues to seek out and secure high -quality, unencumbered projects through research, staking and

strategic acquisitions. Throughout the exploration process, our mission is to help maintain prosperous

communities by exploring for and discovering resource opportunities while building lasting

relationships through honest and respectful business practices.

Expenditures from 2011 -2020 on Eagle Plains -related projects exceed $22M, most of which was

funded by third-party partners. This exploration work resulted in approximately 37,000 m of diamond-

drilling and extensive ground -based exploration work facilitating the advancement of numerous

projects at various stages of development.

On behalf of the Board of Directors

“Tim J. Termuende”

President and CEO

For further information on EPL, please contact Mike Labach at

1 866 HUNT ORE (486 8673)

Email: [email protected] or visit our website at http://www.eagleplains.com

Cautionary Note Regarding Forward-Looking Statements

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 release. This news release may contain forward-looking statements including but not

limited to comments regarding the timing and content of upcoming work programs, geological

interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-

looking statements address future events and conditions and therefore, involve inherent risks and

uncertainties. Actual results may differ materially from those currently anticipated in such

statements.