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Monument Mining Announces Results of Annual General Meeting of Shareholders

Shareholder Meetings

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November 22, 2023 News Release Release #10-2023

Monument Mining Announces Results of Annual General 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 Meeting of shareholders held

on November 22, 2023 in Vancouver, B.C.

Resolutions tabled at the A nnual General Meeting as proposed in the Information Circular dated on

October 11, 2023 were all passed with more than 79% “For” for each and overwhelming participation,

including: 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 bo ard of directors have

been approved by a vast majority of the shares voted.

Graham Dickson, Chairman of the meeting commented, “We would like to thank all the shareholders that

participated by voting in this year’s meeting. Monument has achieved an outstanding milestone year, as

it focused on executing and completing the construction of the flotation plant at the Selinsing gold mine

in Malaysia. Our team will continue in fiscal 2024 to work strategically and creativ ely to focus on

developing and growing mineral assets to create a stronger Company for all stakeholders.”

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 100%

owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison

area of Western Australia. It has 20% interest in Tuckanarra Gold Project jointly owned with Odyssey Gold

Ltd in the same region. The Company employs approximately 220 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:

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."

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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 hi storical facts and include the Company's plans with respect to its mineral projects, expectations regarding

the completion of the ramp -up period to target production level at Selinsing and the timing thereof, expectations regarding the

Company’s continuing ability to source explosives from suppliers, expectations regarding completion of the proposed storage shed

and ammonium nitrate depot and the timing thereof, and the timing and results of the other proposed programs and events

referred to in this news re lease. 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 no t anticipate", or "believes", or variations of such words and phrases 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 su bject to various risks, uncertainties and other factors that could cause 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 limitati on: risks related to general business, economic, competitive, geopolitical and social

uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the progress and timin g of

development activities, including those related to the ramp -up process at Selinsing and the completion of the proposed storage

shed and ammonium nitrate depot; uncertainties and risks related to the Company’s ability to source explosives from suppliers ;

foreign operations risks; other risks inhe rent in the mining industry and other risks 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. Mate rial factors and assumptions used to develop 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, gene ral 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; assumptions regarding the

timing and results of development activities, including the ramp -up process at Selinsing and the completion of the proposed

storage shed and ammonium nitrate depot; expectations that the Com pany will continue to be able to source explosives from

suppliers in a timely manner; costs of future activities; capital and operating expenditures; success of exploration activities; mining

or processing issues; exchange rates; and all of the factors 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 Compa ny

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 statements 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 un due

reliance on forward-looking statements. The Company does not undertake to update any forward -looking statements, except in

accordance with applicable securities laws.