Golden Pursuit Clarifies Cease Trade Order

GOLDEN PURSUIT RESOURCES LTD.

652 Millbank

Vancouver, B.C. V5Z 4B7

NEWS RELEASE

Golden Pursuit Clarifies Cease Trade Order

February 10, 2022 Symbol: GDP

Vancouver, B .C., Canada, February 10, 2022 – Golden Pursuit Resources Ltd. (the

“Company”) announces that it has been issued a Cease Trade Order (“CTO”) by the British

Columbia Securities Commission (the “ BCSC”) on February 3, 2022 for failure to file the

following periodic disclosure documents (collectively, the “Documents”) within the time period

specified by National Instrument 51-102 Continuous Disclosure Obligations:

Annual financial statements for the fiscal year ended September 30, 2021

Management’s discussion and analysis relating to the annual financial statements for the

fiscal year ended September 30, 2021

Certification of the foregoing filings as required by National Instrument 52 -109

Certification of Disclosure in Issuer’s Annual Filings

The TSX Venture Exchange (the “Exchange”) has suspended trading in the Corporation’s

securities as a result of the CTO, effective February 7, 2022.

The Corporation continues to operate normally and is working diligently to have the CTO

revoked as soon as possible.

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.