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LEXT.CN ·

Investigating Uranium Assets

Corporate Updates

929 Mainland Street

Vancouver, BC V6B 1S3

Phone

(604) 928-8913

Email [email protected]

Website www.lexston.ca

For Immediate Release

Lexston Mining Corporation Conducting Review and Assessment of Uranium Assets

Vancouver, British Columbia, November 15, 2023. Lexston Mining Corporation the “Company” ) (CSE:

LEXT) (OTC: LEXTF) is pleased to announce t he Company is conducting diligence regarding exploration of

uranium resources within Canada and the United States.

Jag Bal, President and CEO of Lexston states, “In recent weeks the spot price of uranium has improved

dramatically, providing impetus for the evaluation of a number of assets . We remain steadfast in our

commitment to exploration, drilling, and value creation through advancing our portfolio of properties.

With a strong focus on exploration, we are well -positioned to make significant strides in the months

and years ahead”.

No agreement in principle or otherwise has been entered into with any party and there is no assurance

that the Company will acquire any uranium assets, directly or indirectly.

The Company is a Canadian mineral exploration company, focused on the acquisition and development

of mineral projects, with the objective to enhance value to all its stakeholders. The Company has a mineral

exploration project in British Columbia, Canada.

On Behalf of the Board of Directors

LEXSTON MINING CORPORATION

Jagdip Bal

Chief Executive Officer

Telephone: (604) 928-8913

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy

or accuracy of the content of this news release.

Forward-looking statements:

This news release contains "forward-looking information" under applicable Canadian securities legislation.

Such forward-looking information reflects management's current beliefs and are based on a number of

estimates and/or assumptions made by and informat ion currently available to the Company that, while

considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may

cause the actual results and future events to differ materially from those expressed or implied by s uch

forward-looking information. Readers are cautioned that such forward-looking information are neither

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promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not

limited to, general business, economic, competitive, political and social uncertainties, uncertain and

volatile equity and capital markets, lack of available capital, actual results of exploration activities,

environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays

in obtaining governmental approvals and permits, and other risks in the mining industry.

These statements include possible acquisitions and exploration of uranium or other properties . These

statements reflect management's current estimates, beliefs, intentions and expectations. They are not

guarantees of future performance. The Company cautions that all forward-looking statements are

inherently uncertain and that actual performance may be affected by many material factors, many of

which are beyond their respective control. Such factors include, among other things: risks and uncertainties

relating to the receipt of approvals to proceed with and complete the listing, the market valuing t he

Company in a manner not anticipated by management of the Company. Accordingly, actual and future

events, conditions and results may differ materially from the estimates, beliefs, intentions and

expectations expressed or implied in the forward-looking information. Except as required under applicable

securities legislation, the Company does not undertake to publicly update or revise forward-looking

information.

The Company is presently an exploration stage company. Exploration is highly speculative in nature,

involves many risks, requires substantial expenditures, and may not result in the discovery of mineral

deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its

properties. As a result, there can be no assurance that such fo rward-looking statements will prove to be

accurate, and actual results and future events could differ materially from those anticipated in such

statements.