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GMIN.TO ·

Grant of Stock Options to New Director

Share Capital & Compensation

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December 23 , 2021 TSXV:GMIN

GRANT OF STOCK OPTIONS TO NEW DIRECTOR

BROSSARD, QC - G Mining Ventures Corp. (“ GMIN ” or the “ Corporation ”) announces that, i n accordance

with the Corporation’s Stock Option Plan, the Board of Directors granted, as of December 22, 2021, to Ms.

Sonia Zagury, newly appointed director of the Corpo ration, an aggregate of 138,490 stock options of th e

Corporation (the “ Options ”), each Option conferring upon its holder the right to purchase one common share

in the capital of the Corporation (each a “ Share ” and collectively, the “ Shares ”), for a following period of five

(5) years and for an exercise price for each Option of CAD $1.02 per Share. The vesting terms are: one third

(1/3) at the date of grant, one third (1/3) one (1) year after the grant, and one third (1/3) two (2) years after

the grant.

About G Mining Ventures Corp.

G Mining Ventures Corp. (TSXV:GMIN) is a mineral ex ploration company engaged in the acquisition,

exploration and development of precious metal proje cts. Its flagship asset, the permitted Tocantinzinh o

Project, is located in Para State, Brazil. Tocantin zinho is an open-pit gold deposit containing 1.8 mi llion

ounces of reserves at 1.4 g/t. The deposit is open at depth, and the underexplored 688km 2 land package

presents additional exploration potential.

Additional Information

For further information on GMIN, please visit the website at www.gminingventures.com or contact:

Dušan Petković

Vice President, Corporate Development & Investor Rel ations

647.728.4176

[email protected]

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Neither the 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 press release.

Cautionary Statement on Forward-Looking Information

All statements, other than statements of historical fact, contained in this press release constitute “forward-looking information” and “forward-

looking statements” within the meaning of certain securities laws and are based on expectations and projections as of the date of this press

release. Forward-looking statements contained in this pr ess release include, without limitation, those related to the above section entitled

“About G Mining Ventures Corp.”; and the Project’s stage of advancement and permitting status.

Forward-looking statements are based on expectations, e stimates and projections as of the time of this press release. Forward-looking

statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the

time of such statements, are inherently subject to sign ificant business, economic and competitive uncertaintie s and contingencies. These

estimates and assumptions may prove to be incorrect. S uch assumptions include, without limitation, the items listed on the above section

entitled “About G Mining Ventures Corp.”.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those

expressed or implied in any forward-looking statements. There can be no assurance that the Corporation will bring the Project into commercial

production, as future events could differ materially what is currently anticipated by the Corporation.

By their very nature, forward-looking statements invol ve inherent risks and uncertainties, both general and s pecific, and risks exist that

estimates, forecasts, projections and other forward-lo oking statements will not be achieved or that assumptio ns do not reflect future

experience. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans

relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk

factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations,

estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press

release are qualified by these cautionary statements and those made in the Corporation’s other filings with the securities regulators of Canada

including, but not limited to, the cautionary statements made in the relevant section of the Corporation’s Management Discussion & Analysis.

The Corporation cautions that the foregoing list of factors that may affect future results is not exhaustive, and new, unforeseeable risks may

arise from time to time. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain

any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable

law.