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Excelsior Mining Announces AGM Results

Shareholder Meetings

NEWS RELEASE

Excelsior Mining Announces AGM Results

June 22, 2022

Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" or the “Company”)

reports that the nominees listed in the management information circular for the 2022 Annual General

Meeting of shareholders were elected as directors of Excelsior. Detailed results of the vote for the election

of directors held at the Annual General Meeting on June 21, 2022 in Vancouver, B.C., are set out below:

Votes for

% Votes for

Votes withheld % Votes

withheld

Stephen Twyerould 129,854,892 96.47 4,755,723 3.53

Colin Kinley 131,446,026 97.65 3,164,589 2.35

Jim Kolbe 133,220,192 98.97 1,390,423 1.03

Fred DuVal 131,675,010 97.82 2,935,605 2.18

Michael Haworth 132,879,292 98.71 1,731,323 1.29

Lord Robin Renwick 133,237,192 98.98 1,373,423 1.02

Stephen Axcell 132,710,692 98.59 1,899,923 1.41

Shareholders at the Annual General Meeting also voted in favour of appointing PricewaterhouseCoopers

LLP as auditors.

For more information on Excelsior, please visit our website at www.excelsiormining.com.

ON BEHALF OF THE EXCELSIOR BOARD

"Stephen Twyerould"

President & CEO

For further information regarding this press release, please contact:

Excelsior Mining Corp.

Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.

Shawn Westcott

T: 604 365 6681

E: [email protected]

www.excelsiormining.com