Euro Sun Announces Appointment of Ryan Ptolemy as New Chief Financial Officer

EURO SUN ANNOUNCES APPOINTMENT OF RYAN PTOLEMY

AS NEW CHIEF FINANCIAL OFFICER

December 16, 2022

Toronto, Ontario

Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce the appointment

of Ryan Ptolemy as the newly appointed Chief Financial Officer of the Company effective immediately.

Mr. Ptolemy will succeed Paul Bozoki following Mr. Bozoki’s resignation.

Mr. Ptolemy is a CPA, CGA and CFA charter holder who also attained a Bachelor of Arts from Western

University. Mr. Ptolemy serves as Chief Financial Officer to many public and private companies in the

resource sector, particularly development -stage compani es. Mr. Ptolemy formerly served as Chief

Financial Officer for an independent investment dealer in Toronto where he was responsible for financial

reporting, budgeting and the company’s internal controls.

Management and the board of directors of the Compan y would like to thank Mr. Bozoki for his services

and continued support of the Company.

Further information:

For further information about Euro Sun Mining, or the contents of this press release, please contact Investor

Relations at [email protected].

This press release contains "forward-looking information" within the meaning of applicable Canadian securities

legislation. Forward -looking information includes, but is not limited to, statements with respect to the

appointment and resignation of officers and directors; the pursuit by Euro Sun of opportunities; and the merits

or potential returns of any such opportunities. Generally, forward-looking information can be identified by the

use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget",

"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or

variations of such words and phrases or state that certain actions, events or results "may", "could", "would",

"might" or "will be taken", "occur" or "be achieved". Forward -looking information is subject to known and

unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance

or achievements of the Company, as the case may be, to be materially different from those expressed or

implied by such forward -looking information. Although the Company has attempted to identify important

factors that could cause actual results to differ materially from those contained in forward-looking information,

there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no

assurance that such information will prove to be accurate, as actual results and future events could differ

materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on

forward-looking information. The Company does not undertake to update any forward -looking information,

except in accordance with applicable securities laws.

NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR

THE ADEQUACY OR ACCURACY OF THIS RELEASE.