Mirasol Resources Announces Annual 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 22, 2023

Shares Issued and Outstanding: 65,656,310

TSX-V: MRZ

OTC: MRZLF

Mirasol Resources Announces Annual Option Grants

VANCOUVER, BC, December 22, 2023 — Mirasol Resources Ltd. (TSX- V: MRZ) (OTCPK: MRZLF ) (the

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

1,713,750 incentive stock options (“Options”) under the Company’s long -term incentive plan . The

grants were made to employees, officers, directors, and consultants of the Company.

The Options entitle the holders to purchase the equivalent number of common shares of the Company

at a price of $0.7 2 per common share for a period of five years from the date of grant. The option s

granted to employees will vest as follows: 25% on the date of grant, followed by an additional 25% each

six months thereafter.

All grants of Options are subject to the Company’s Stock Option Plan which was approved by

shareholders at Mirasol’s annual and special meeting of shareholders on June 7, 2023.

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For further information, contact:

Tim Heenan, President

or

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 policies of the TSX

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