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GDP.V ·

Golden Pursuit Appoints Investor Relations Consultant, David Fry

Marketing Announcement

GOLDEN PURSUIT RESOURCES LTD.

652 Millbank

Vancouver, B.C. V5Z 4B7

NEWS RELEASE

GOLDEN PURSUIT APPOINTS INVESTOR RELATIONS CONSULTANT, DAVID FRY

August 21, 2023 Symbol: GDP

Vancouver, British Columbia - Golden Pursuit Resources Ltd. (the “Company”) announces it has

appointed David Fry as its Corporate Development & Corporate Communications consultant.

Mr. Fry brings tremendous corporate development and corporate communications experience to the Company

having worked in consulting and in-house capacity for public companies in various sectors, (primarily mining

and exploration) in the Canadian and US markets. Mr. Fry also has an extensive background in advertising

which will assist the Company with branding, messaging and marketing communications.

Mr. Fry will assist in the development and implementation of a strategic corporate development/corporate

communication plan in conjunction with the Company’s CEO and senior management team and in the

development of a branding strategy and recommend strategic and tactical initiatives to enhance the

Company’s corporate and product branding, market position, share of voice and increase overall public

awareness.

Mr. Fry will, maintain an active weekly call program to develop and manage relationships with analysts,

institutional investors, venture capitalists, portfolio managers, retail brokers and qualified retail

shareholders through digital media, one-on-ones in person and/or virtual meetings/presentations for the

Company.

Under the terms of the agreement, the duration of this appointment shall commence on August 15, 2023, and

end on January 31, 2024 (the “Initial Period”) and may be terminated at any time, without notice, by either

party during this period without penalty, Mr. Fry will receive $7,500 monthly for the Initial Period. If the

agreement is extended beyond the Initial Period and (i) termination occurs after 3 months but less than 6 months

of service, the Company shall provide for two weeks’ severance and (ii) if termination occurs after 6 months

of service, the Company shall provide for three weeks’ severance.

Mr. Fry does not hold any securities in the Company.

Mr. Fry has also been granted options to purchase 200,000 common shares of the Company at $0.20 per share

exercisable for a period of five years from the date of issuance to be vested quarterly over a one year period..

The agreement between the Company and Mr. Fry and grant of options are subject to regulatory approval. Mr.

Fry does not provide market-making activities.

GOLDEN PURSUIT RESOURCES LTD.

Per: “Brian McClay”

Brian McClay, President

CONTACT INFORMATION:

Brian McClay

Email: [email protected]

Tel: (604) 730-6982

Neither 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.