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GX.V ·

Guardian Announces Resignation of Director

Management Changes

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GUARDIAN EXPLORATION INC.

P R E S S R E L E A S E

Guardian Announces Resignation of Director

For Immediate Release

Calgary, Alberta – February 15, 2022. Guardian Exploration Inc. (TSXV:“GX”) (“ Guardian”) today

announced that Mr. David McMillan will resign from the Corporation’s board of directors effective

February 15, 2022. Guardian expresses its sincere thanks to Mr. McMillan for his efforts and contributions

as a director of Guardian and wishes him well in his future endeavours.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Graydon Kowal

President and CEO

(403) 730-6333

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 release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes

certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking

statements include, but are not limited to, statements with respect to the potential completion of the

Acquisition, the potential for the issuance of a drilling permit or of a preliminary economic assessment

and the transactions that my result therefrom. Forward-looking statements are necessarily based upon a

number of estimates and assumptions that, while considered reasonable, are subject to known and

unknown risks, uncertainties, and other factors which may cause the actual results and future events to

differ materially from those expressed or implied by such forward-looking statements. Such factors

include but are not limited to operational matters, historical trends, current conditions and expected

future developments, as well as other considerations that are believed to be appropriate in the

circumstances. There can be no assurance that such statements will prove to be accurate, as actual results

and future events could differ materially from those anticipated in such statements. Accordingly, readers

should not place undue reliance on forward-looking statements. The Corporation disclaims any intention

or obligation to update or revise any forward-looking statements, whether as a result of new information,

future events or otherwise, except as required by law.