Mirasol Resources Announces RSU and Option Grants

NEWS RELEASE

Suite 1150 – 355 Burrard Street, Vancouver, B.C. Canada, V6C 2G8

Tel: +1 604 602 9989 E-mail: [email protected]

www.mirasolresources.com

December 30, 2022

Shares Issued and Outstanding: 59,119,210

TSX-V: MRZ

OTCPK: MRZLF

Mirasol Resources Announces RSU and Option Grants

VANCOUVER, BC, December 30, 2022 — Mirasol Resources Ltd. (TSX- V: MRZ) (OTCPK: MRZLF ) (the

“Company” or “ Mirasol”) announced today that the Board of Directors has approved the grant of

1,459,000 incentive stock options (“Options”) exercisable into the equivalent number of common

shares of the Company at a price of C$0.68 per share for a period of five years. The grants were made

to employees, officers , directors and consultants of the Company and are subject certain vesting

requirements. The Board of Directors has also approved the grant of 205,000 restricted share units

(“RSUs”) to employees, off icers and consultants of the Company subject to certain vesting

requirements. Each vested RSU entitles the holder to receive one common share of the Company.

All grants of Options and RSU’s are subject to the Company’s Stock Option Plan and Restricted Share

Unit Plan which were approved by shareholders at Mirasol’s annual and special meeting of shareholders

on May 25, 2022.

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For further information, contact:

Troy Shultz, Vice President Investor Relations

Tel: +1 (604) 602-9989

Email: [email protected]

Website: www.mirasolresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the p olicies of the TSX

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