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Finlay Minerals Ltd. reports on its Annual General & Special Meeting and Appoints a New Chief Financial Officer

Management Changes Shareholder Meetings

Finlay Minerals Ltd. reports on its Annual

General & Special Meeting and Appoints a

New Chief Financial Officer

VANCOUVER, BC

,

June 26, 2023

/CNW/ -

Finlay Minerals Ltd.

(TSXV: FYL) (OTCQB:

FYMNF) ("

Finlay

" or the "

Company

") reports that all matters set before the Annual General and

Special Meeting of Shareholders of the Company held on

Friday, June 23, 2023

( the "

Meeting

")

were approved by the shareholders. An aggregate of 44,500,185 common shares of the Company

("

Common Shares

") were voted representing 34.86% of the issued and outstanding Common

Shares as at the Record Date of

May 19, 2023

.

The six nominees for the Board of Directors were elected at the Meeting and they are:

John A.

Barakso

,

Robert F. Brown

,

Alvin W. Jackson

,

Ilona Barakso Lindsay

,

David A. Schwartz

, and

Kristina Walcott

. Additionally, the reappointment of De Visser Gray LLP, Chartered Professional

Accountants, as auditors for the Company and the Company's 10% Rolling Stock Option Plan were

approved by shareholders.

The Company is also pleased to welcome

Gordon Steblin

, B.Comm, CPA, CGA, as its Chief

Financial Officer ("CFO"). Mr. Steblin obtained a Bachelor of Commerce degree in 1983 from the

University of British Columbia

(UBC) and became a Certified General Accountant in 1985. He has

over 30 years of financial experience in the junior mining/exploration sector and also serves as

the CFO of Elysee Development Corp., Freegold Ventures Limited and Edgemont Gold Corp.

In addition to Mr. Steblin's appointment as CFO, the Board of Directors, at a Board meeting

following the Meeting also re-appointed the following officers for a further year:

Robert F. Brown

President & Chief Executive Officer

David Schwartz

Corporate Secretary

Wade Barnes

Vice President, Exploration

Ilona B. Lindsay

Vice President, Corporate Relations.

About Finlay Minerals Ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits in northern

British Columbia

.

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB.

For further information and details, please visit the Company's website at

www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown

, P. Eng.

President & CEO

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

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

Forward-Looking Information:

This news release includes certain "forward-looking information"

and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of

applicable Canadian securities legislation. All statements in this news release that address events

or developments that we expect to occur in the future are forward-looking statements. Forward-

looking statements are statements that are not historical facts and are generally, although not

always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential",

"schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their

negative connotations, or that events or conditions "will", "would", "may", "could", "should" or

"might" occur. All such forward-looking statements are based on the opinions and estimates of

management as of the date such statements are made. Forward-looking statements in this news

release include statements regarding, among others, corporate plans. Although Finlay believes the

expectations expressed in such forward-looking statements are based on reasonable assumptions,

such statements are not guarantees of future performance and actual results or developments may

differ materially from those forward-looking statements. Factors that could cause actual results to

differ materially from those in forward-looking statements include market prices, exploration

successes, and continued availability of capital and financing and general economic, market or

business conditions. These forward-looking statements are based on a number of assumptions

including, among other things, assumptions regarding general business and economic conditions,

the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other

parties to satisfy stock exchange and other regulatory requirements in a timely manner, the

availability of financing for Finlay's proposed transactions and programs on reasonable terms, and

the ability of third party service providers to deliver services in a timely manner. Investors are

cautioned that any such statements are not guarantees of future performance and actual results or

developments may differ materially from those projected in the forward-looking statements. Finlay

does not assume any obligation to update or revise its forward-looking statements, whether as a

result of new information, future or otherwise, except as required by applicable law.

SOURCE

Finlay Minerals Ltd.

View original content:

http://www.newswire.ca/en/releases/archive/June2023/26/c4472.html

%SEDAR: 00018019E

For further information:

Finlay Minerals Ltd., Ilona Lindsay, Vice President, Corporate Relations,

Tel: 604-684-3099, [email protected]

CO: Finlay Minerals Ltd.

CNW 08:30e 26-JUN-23