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GLB.V ·

Standard & Poor’s Listed

Corporate Updates

12g3-2(b): 82-4000

Standard & Poor’s Listed

TSX Venture Exchange: GLB

OTC: GLBKF

November 16, 2023

MR. F. GAROFALO AGREES TO JOIN GOLDBANK BOARD OF DIRECTORS

Goldbank Mining Corporation (“Goldbank”)(TSX.V-GLB) is very pleased to announce Mr. Frank J.

Garofalo, B.Sc. (MIT), M.Sc., MBA (Harvard), of Boston, Massachusetts, has agreed to join

Goldbank’s board of directors.

Mr. Garofalo brings to Goldbank more than three decades of experience as a Management

Consultant and Corporate Finance Advisor on special assignments for Chief Executive Officers and

boards of directors , assisting companies of up to over $10 billion in size in technology driven

markets across the U.S. and Europe.

Mr. Garofalo’s experience in strategic, competitive and market analysis with an emphasis on

positioning companies for maximum equity valuation is a welcome addition to Goldbank as it

advances exploration and development of its Leota Gold Project in the Yukon’s historic and prolific

Klondike Goldfields.

Mr. Garofalo’s professional career includes serving as Senior Vice President in the Investment

Banking division of PaineWebber (now UBS) where Mr. Garofalo’s assignments included dozens of

corporate development and finance projects featuring equity financings, mergers, acquisitions,

divestitures and the establishment of joint ventures and strategic alliances.

Mr. Garofalo earned a Bachelor of Science degree in Electrical Engineering from the Massachusetts

Institute of Technology, a Master of Science degree in Computer Systems Engineering from the

University of Michigan and a MBA from Harvard University. Mr. Garofalo is a member of the MIT

Venture Mentoring Service.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold at its

Leota Gold Project located in the historic Klondike placer Goldfields near Dawson City, Yukon,

Canada.

For further information please e-mail [email protected].

GOLDBANK MINING CORPORATION

PER: “James Boyce” Suite 702 – 889 West Pender Street

Vancouver, BC CANADA V6C 3B2

JAMES BOYCE Telephone: 604.683.3288

President & CEO Toll Free: 1.888.880.2288  Email: [email protected]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release .

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no

right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in

documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of

mineral deposits on our properties. This news newsThis news release may contain forward -looking statements including but not

limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of

property titles, pot ential mineral recovery processes, etc. Forward -looking statements address future events and conditions and

therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such

statements.