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GMR.CN ·

Gelum Resources - Annual General Meeting

Shareholder Meetings

Suite 1570 – 200 Granville Street

Vancouver, BC, Canada, V6C 3L6

Ph. 604-484-1228

Fx. 604-408-7488

E: [email protected]

GELUM RESOURCES – ANNUAL GENERAL MEETING

NR24-03 December 9, 2024

Vancouver, British Columbia, December 9 , 2024 – Gelum Resources Ltd. ( “Gelum” or the

“Company”) (CSE: GMR, OTCQB: GMRCF ) reports that the Company’s Annual General and

Special Meeting of shareholders (the “Meeting”) will be held on December 30, 2024 at 10:00 a.m.

at the Company’s offices. Due to the ongoing Canada Post strike action, electronic versions of the

proxy, information circular and related materials (collectively, “ Meeting Materials”) have been

posted to the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website

at www.gelumresources.com. Shareholders of the Company are encouraged to access Meeting

Materials directly through the above -mentioned websites and to exercise their right to vote.

Shareholders may also contact the Company directly ( [email protected]) or Endeavor

Trust Corporation ( [email protected]) to receive a cop y of the Meeting Materials via

email.

The purposes of the Meeting are to: receive and consider the Company’s financial statements and

related management ’s discussion & analysis for the financial year ended April 30, 2024 (the

“Financial Statements and MD&A ”); appoint Smythe LLP as the auditor of the Company; fix

the number of directors for the ensuing year at three ; elect the directors for the ensuing year;

approve the Company’s 10% rolling stock option plan; and to transact such other business as may

properly come before the Meeting or any or adjournment thereof.

Copies of the Financial Statements and MD&A are available on the Company’s SEDAR+ profile

and on the Company’s website . Electronic copies of the Financial Statements and MD&A may

also be obtained via email by contacting the Company directly ([email protected]).

Registered shareholders who require assistance submitting their votes by proxy may contact

Endeavor Trust Corporation toll-free (in North America) between the hours of 8:30 a.m. and

5:00 p.m. PST at 1-888-787-0888 or email at [email protected].

Non-Objecting Beneficial Shareholders (“NOBOs”) should contact their broker to request a voting

information form (“VIF”), voting control number, and instructions for voting.

Objecting Beneficial Shareholders (“OBOs”) should contact their broker to request a VIF, voting

control number, and instructions for voting.

Votes by proxy must be received at least 48 hours (excluding Saturdays, Sundays, and holidays)

before the scheduled time of the Meeting or any adjournment.

About Gelum Resources Ltd.

Gelum Resources is a Company led by seasoned management and advisors in the mining and

financial sectors.

Gelum Resources Ltd. 2 December 9, 2024

NR24-03 Continued

Follow Gelum Resources online in the links below for additional updates:

- Facebook

- X (formerly Twitter)

- LinkedIn

- Sign up for our newsletter

On Behalf of the Board of Directors

Hendrik van Alphen, Director

For further information about Gelum, please contact:

Hendrik van Alphen ([email protected]) or Marla Ritchie ([email protected])

Phone: 604 484-1228

The Company confirms it has satisfied all of the conditions therein and is relying on the exemption from

the requirement to mail Meeting Materials set out in the Canadian Securities Administrators’ Coordinated

Blanket Order 51-931.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies

of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.