Lake Winn Corrects Disclosure Pursuant to Previously Announced Private Placement

LAKE WINN CORRECTS DISCLOSURE PURSUANT TO PREVIOUSLY ANNOUNCED PRIVATE

PLACEMENT

Vancouver, British Columbia – February 15, 2023 – Lake Winn Resources Corp. (NEX: LWR.H, OTC: EQTXF)

(the “ Company”) wishes to issue a correction to its previously disseminated news release s dated

February 1, 2023 and February 3, 2023 (the “Prior Releases”) announcing the close of the Company’s

private placement (the “Offering”). The Prior Releases described the number of units and the aggregate

gross proceeds of the Offering as 4,831,669 units for aggregate gross proceeds of $289,900. The correct

number is 4,956,669 units for aggregate gross proceeds of $297,400.

The remaining material terms of the Offering remain as announced on February 1, 2023.

About Lake Winn

Lake Winn Resources Corp., is a Vancouver based lithium company, listed on the NEX Board of the TSX

Venture Exchange (Symbol: LWR .H) focusing on exploration and development of lithium projects in

Canada. The Company’s 100% owned Li Property which hosts the Little Nahanni Pegmatite Group (LNPG)

lithium-cesium-tantalum (LCT) pegmatite dykes that have been traced for over 13km. The prope rty is

located in the North West Territories and is 37km northwest of the recently closed tungsten mine

(Cantung). A gated road that extends northwest from Cantung passes within 5km of the LNPG property.

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 the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

Exchange) accepts responsibility for the adequacy or accuracy of this release.”

1111 Melville Street, 11th Floor

Vancouver, British Columbia Canada V6E 3V6

Tel: (604) 689-1799