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Monument Mining Announces Results of Annual General and Special Meeting of Shareholders

Shareholder Meetings

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November 22, 2022 News Release Release #11-2022

Monument Mining Announces Results of Annual General and Special Meeting of Shareholders

Vancouver, British Columbia – Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or

the “ Company”) is pleased to announce the results from its Annual General and Special Meeting of

shareholders held on November 22, 2022 in Vancouver, B.C.

Resolutions tabled at the A nnual General and Special Meeting as proposed in the Information Circular

dated on O ctober 18, 2022 were all passed with more than 9 0% “For” for each and overwhelming

participation, including: a special resolution authorizing and approving the continuance of the Company

out of the federal jurisdiction of Canada under the Canada Business Corporations Act into the provincial

jurisdiction of British Columbia under the Business Corporations Act (British Columbia); appointing Grant

Thornton LLP as auditors ; and fixing the number of board members for the ensuring year at six, being

Graham Dickson, Cathy Zhai, Zaidi Harun, Michael John Kitney , Dato’ Sia Hok Kiang, and Jean -Edgar de

Trentinian. Each resolution and each nominee of the board of directors have been approved by a vast

majority of the shares voted.

Graham Dickson, Chairman of the meeting commented, “ I would like to send special thanks for all

shareholders that participated the meeting. While the global market is very challeng ing including for

precious metals and commodities due to geopolitical risks, our Board and management team are moving

forward in fiscal 2023 focusing on the corporate development, along with a clear, well executed strategy

to take the Selinsing Gold Mine to the next stage of cash flow from gold concentrate sales and progress

the Murchison Gold Project through targeted exploration for the benefit of all shareholders.”

For more information on these matters, please refer to Monument's Information Circular, available on

SEDAR (www.sedar.com) or visit our website at www.monumentmining.com.

About Monument

Monument Mining Limited (TSX-V: MMY, FSE: D7Q1) is an established Canadian gold producer that owns

and operates the Selinsing Gold Mine in Malaysia. Its experie nced management team is committed to

growth and is also advancing the Murchison Gold Project s comprising Burnakura, Gabanintha and

Tuckanarra (20% interest) in the Murchison area of Western Australia. The Company employs

approximately 200 people in both regions and is committed to the highest standards of environmental

management, social responsibility, and health and safety for its employees and neighboring communities.

Cathy Zhai, President and CEO

Monument Mining Limited

Suite 1580 -1100 Melville Street

Vancouver, BC V6E 4A6

FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:

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Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 [email protected]

"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."

Forward-Looking Statement

This news release includes statements containing forward -looking information about Monument, its business and future plans

("forward-looking statements"). Forward-looking statements are statements that involve expectations, plans, objectives or future

events that are not historical facts and include the Company's plans with respect to its mineral projects and the timing and results

of proposed programs and events referred to in this news release. Generally, forward -looking information can be identified by

the use of forward -looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",

"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and p hrases

or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved ". The

forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could c ause

actual results or achievements to differ materially from those expressed or implied by the forward-looking statements. These risks

and certain other factors include, without limitation: risks related to general business, economic, competitive, geopol itical and

social uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the progress an d timing

of development activities; foreign operations risks; other risks inherent in the mining industry and other risk s described in the

management discussion and analysis of the Company and the technical reports on the Company's projects, all of which are

available under the profile of the Company on SEDAR at www.sedar.com. Material factors and assumptions used to devel op

forward-looking statements in this news release include: expectations regarding the estimated cash cost per ounce of gold

production and the estimated cash flows which may be generated from the operations, general economic factors and other factors

that may be beyond the control of Monument; assumptions and expectations regarding the results of exploration on the

Company's projects; assumptions regarding the future price of gold of other minerals; the timing and amount of estimated future

production; th e expected timing and results of development and exploration activities; costs of future activities; capital and

operating expenditures; success of exploration activities; mining or processing issues; exchange rates; and all of the factor s and

assumptions described in the management discussion and analysis of the Company and the technical reports on the Company's

projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Although the Company has

attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking

statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no

assurance that such sta tements will prove to be accurate, as actual results and future events could differ materially from those

anticipated in such statements. Accordingly, readers should not place undue reliance on forward -looking statements. The

Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.