Guardian Corrects Share Price for Agreements to Retire Debt

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GUARDIAN EXPLORATION INC.

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

Guardian Corrects Share Price for Agreements to Retire Debt

For Immediate Release

Calgary, Alberta – April 21, 2022. Guardian Exploration Inc. (TSXV: GX) (the “Corporation” or “Guardian”)

advises that its previous press release dated March 28, 2022 contained a typographical error. The

previous press release announced that Guardian had entered into agreements to retire $1,084,771.12 of

indebtedness owing under previously provided loans in exchange for common shares in the capital of the

Corporation in exchange for common shares in the capital of the Corporation at a price of $0.525 per

share. The correct exchange price for the common shares is $0.0525 per share.

About Guardian Exploration Inc.

Guardian is a TSX-V listed company (GX) in the business of oil and gas as well as mineral exploration and

development. Guardian’ s first prospect is the Mount Cameron Property located in the Yukon’ s Mayo

Mining District. Guardian also holds mineral claims located on southern Dall Island, southeast Alaska,

USA, known as the Kaigani claims, which it acquired in February 2022.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Graydon Kowal

President and CEO

(403) 730-6333

Trading in the securities of Guardian Exploration Inc. should be considered highly speculative. 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