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Lake Winn Announces Entering into Consulting Agreement

Corporate Updates

LAKE WINN ANNOUNCES ENTERING INTO CONSULTING AGREEMENT

Vancouver, British Columbia – June 30, 2023 – Lake Winn Resources Corp. (TSXV:

LWR, OTC: EQTXF) (the “Company”) is pleased to announce that it has entered into a

Corporate Advisory and Media Communications Agreement (the “ Agreement”) with

Vorticom, Inc. (“Vorticom”) and M. Davis & Associates Capital Inc. (“Davis” and together

with Vorticom, the “ Consultants”) to provide media advisory and communication

facilitation services.

Pursuant to the terms and conditions of the Agreement, The Consultants will provide

media advisory and communication facilitation services (the “Services”) to the Company

for a minimum ter m of six (6) months (the “ Term”), beginning on June 29, 2023. The

Services will include, among others: (i) the generation of investment news media

coverage, (ii) the development of marketing materials, and (iii) the provision of media-

related consulting services.

In accordance with the Agreement and as consideration for the Services, the Company

will issue to each Vorticom and Davis, 500,000 stock options carrying the right to

purchase common shares in the capital of the Company (the “Options”). Each Option will

have an exercise price of $0.08. The Options will be issued in accordance with the terms

and conditions of the Company’s stock option plan, and will expire 24 months after

issuance. Aside from nominal cash consideration, the Consultants have not be en

compensated in any other manner. The Agreement remains subject to approval by the

TSX Venture Exchange.

About Lake Winn

Lake Winn Resources Corp. is a mineral exploration company focused on advancing its

100% owned Little Nahanni Lithium Project (“LNLP”), which is located in the western

Northwest Territories near the Yukon Border. The project covers 7,080 hectares that

encompasses a 7 km long, and up to 500 m wide, lithium, tantalum, and tin pegmatite

dyke swarm. Historical drilling and channel sampling on the Project confirms the presence

of significant lithium, tantalum, and tin.

On Behalf of the Board of Directors of Lake Winn Resources Corp.

Patrick Power

CEO and Director

Lake Winn Resources Corp.

Telephone: (604) 218-8772

“Neither 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.”