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GRG.V ·

Golden Arrow Grants Stock Options

Share Capital & Compensation

Golden Arrow Grants Stock Options

TSX Venture Exchange (TSX-V):

GRG

Frankfurt Stock Exchange (FSE):

G6A

OTCQB Venture Market (OTCQB):

GARWF

VANCOUVER, BC

,

July 14, 2023

/CNW/ -

Golden Arrow Resources Corporation

(TSXV: GRG)

(FSE: G6A) (OTCQB: GARWF)

, ("Golden Arrow" or the "Company")

announces that it has

granted 6,950,000 incentive stock options (the "Options") to directors, officers, employees and

consultants of the Company. The Options are set for a period of five years, expiring on

July 13,

2028

, and each Option will allow the holder to purchase a common share of the Company at a price

of

$0.10

. The Options are subject to a 4 month hold period from the date of grant and to TSX

Venture Exchange approval.

About

Golden Arrow

:

Golden Arrow Resources Corporation is a mining exploration company with a successful track

record of creating value by making precious and base metal discoveries and advancing them into

exceptional deposits. The Company is well leveraged to the price of gold, having monetized its

Chinchillas silver discovery into a significant holding in precious metals producer SSR Mining Inc.

Golden Arrow

is actively exploring the advanced San Pietro Cu-Au-Co project in

Chile

, and a

portfolio that includes more than 180,000 hectares of prospective properties in Argentina.

The Company is a member of the Grosso Group, a resource management group that has pioneered

exploration in

Argentina

since 1993.

ON BEHALF OF THE BOARD

"Joseph Grosso"

_______________________________

Mr.

Joseph Grosso

,

Executive Chairman, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/golden-arrow-grants-stock-options-301877249.html

SOURCE

Golden Arrow Resources Corporation

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/July2023/14/c9672.html

%SEDAR: 00042897E

For further information:

Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-

0058, Email: [email protected]

CO: Golden Arrow Resources Corporation

CNW 07:00e 14-JUL-23