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FTZ.V ·

Fitzroy Minerals Announces Herrick Lau as the Chief Financial Officer

Management Changes

Fitzroy Minerals Announces Herrick Lau as the Chief Financial Officer

Vancouver, British Columbia, March 1, 2024 – Fitzroy Minerals Inc. (TSXV: FTZ) (OTCQB:

FTZFF) (“Fitzroy Minerals” or the “ Company”) is pleased to announce Mr. Herrick Lau, has

been appointed as the Chief Financial Officer of the Company effective March 1, 2024. The

Company sincerely thanks the Mr. David Robinson for his services and wishes him success in his

future endeavors.

Mr. Lau has over 25 years’ experience as an investment banking professional for initial public

offerings, reverse takeovers, mergers & acquisitions, divestitures and various financial advisory

services. He is currently Managing Director of Baron Global Financial Canada Ltd., providing

ongoing financial consulting and governance support services to public companies. Mr. Lau has

experience as Chief Financial Officer and director for various publicly listed companies. Mr. Lau

currently serves as the Chief Financial Officer and Corporate Secretary of Jayden Resources Corp.

(TSXV: JDN), a director of Penbar Capital Ltd. (TSXV: PEM.P), a director of Astron Connect

Inc. (TSXV: AST), and the Chief Executive Officer, Chief Financial Officer, Corporate Secretary

and director of Pardus Ventures Inc. (TSXV: PDVN.P). Mr. Lau obtained his bachelor’s and

master’s degrees in Business and Economics from Simon Fraser University. He is also a charter

holder of the Chartered Financial Analyst designation.

About Fitzroy Minerals

Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside

potential in the Americas. The Company’s current property portfolio includes the Caballos Copper

and Polimet Gold-Copper-Silver projects located in Valparaiso, Chile and the Taquetren gold

project located in Rio Negro, Argentina, as well as the Cariboo project in British Columbia,

Canada. Fitzroy Minerals’ shares are listed on the TSX Venture Exchange under the symbol FTZ

and on the OTCQB under the symbol FTZFF.

On behalf of Fitzroy Minerals Inc.

Merlin Marr-Johnson

President and CEO

For further information, please contact:

Merlin Marr-Johnson

[email protected]

+1 604-505-4554

For more information on Fitzroy Minerals, please visit the Company's website:

www.fitzroyminerals.com

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the

securities in the United States. The securities have not been and will not be registered under the

United States Securities Act of 1933, as amended, or any state securities laws and may not be

offered or sold within the United States or to or for the account or benefit of a U.S. person (as

defined in Regulation S under the United States Securities Act) unless registered under the U.S.

Securities Act and applicable state securities laws or an exemption from such registration is

available.

Neither Exchange nor its Regulation Services Provider (as that term is defined in the policies of

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

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release includes certain statements and information that constitute forward-looking

information within the meaning of applicable Canadian securities laws. All statements in this news

release, other than statements of historical facts are forward-looking statements. Such forward-

looking statements and forward-looking information specifically include, but are not limited to,

statements that relate to the completion of the Offering and the timing and pricing in respect

thereof, the use of proceeds of the Offering, and timely receipt of all necessary approvals, including

any requisite approval of the Exchange.

Statements contained in this release that are not historical facts are forward-looking statements

that involve various risks and uncertainty affecting the business of the Company. Such statements

can generally, but not always, be identified by words such as "expects", "plans", "anticipates",

"intends", "estimates", "forecasts", "schedules", "prepares", "potential" and similar expressions,

or that events or conditions "will", "would", "may", "could" or "should" occur. All statements that

describe the Company's plans relating to operations and potential strategic opportunities are

forward-looking statements under applicable securities laws. These statements address future

events and conditions and are reliant on assumptions made by the Company's management, and

so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with

Canadian securities regulators. As a result of these risks and uncertainties, and the assumptions

underlying the forward-looking information, actual results could materially differ from those

currently projected, and there is no representation by the Company that the actual results realized

in the future will be the same in whole or in part as those presented herein. the Company disclaims

any intent or obligation to update forward-looking statements or information except as required

by law. Readers are referred to the additional information regarding the Company's business

contained in the Company's reports filed with the securities regulatory authorities in Canada.

Although the Company has attempted to identify important factors that could cause actual actions,

events, or results to differ materially from those described in forward-looking statements, there

may be other factors that could cause actions, events or results not to be as anticipated, estimated

or intended. For more information on the Company and the risks and challenges of its business,

investors should review the Company's filings that are available at www.sedar.com.

The Company provides no assurance that forward-looking statements and information will prove

to be accurate, as actual results and future events could differ materially from those anticipated

in such statements or information. Accordingly, readers should not place undue reliance on

forward-looking statements or information. The Company does not undertake to update any for-

ward looking statements, other than as required by law.