LGC.V · 2023-07-18 12:00:00

Lavras Gold announces results of shareholder meeting

Shareholder Meetings

News release 2023-9

NEWS RELEASE: Lavras Gold announces results of shareholder meeting (July 18, 2023) 1

TORONTO, ONTARIO – July 18, 2023 – Lavras Gold Corp. (TSXV: LGC, OTCQB: LGCFF)

reports the voting results of its annual and special meeting held on July 18, 2023 (the

“Meeting”). At the Meeting, shareholders approved the appointment of Davidson &

Company LLP as auditor of Lavras Gold and an omnibus long-term incentive plan.

Seven directors were also elected at the Meeting: David Birkett, Michael Durose,

Jonathan Hill, Lawrence Lepard, Michael Mutchler, Rostislav Raykov, and Rowland

Uloth.

Mr. Hill, new to the board this year, is an economic geologist with over 35 years of

experience in exploration, project development, and mining operations around the

world. He has been directly involved in the discovery of several world-class projects in

both greenfield and brownfield arenas. As Principal Advisor at Exploration Outcomes

Ltda, he provides specialist support to several companies including Jaguar Mining Inc.

and Sanatana Resources. Mr. Hill is a non-executive director and Chairman of Royal

Road Minerals and a non-executive director of Avanti Gold Corp and Stratabound

Minerals.

In addition, Lavras Gold announces that it has granted 100,000 stock options to

purchase common shares of the Company exercisable at a price of $0.22 per

Common Share and expiring on July 18, 2028, to a director of the Company.

About Lavras Gold

Lavras Gold (TSXV: LGC, OTCQB: LGCFF) is a Canadian exploration company focused

on realizing the potential of a multi-million-ounce gold district in southern Brazil. Its

Lavras do Sul Project is in Rio Grande do Sul State and primarily an intrusive hosted

gold system of possible alkaline affinity. More than 23 gold prospects centred on

historic gold workings have been identified on the property, which spans more than

22,000 hectares.

Follow Lavras Gold on www.lavrasgold.com, as well as on LinkedIn, Twitter, and

YouTube.

Contact information

Michael Durose Annemarie Brissenden

President & CEO Investor Relations

416-844-6284 416-844-6284

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