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MSR.V ·

Minsud Grants Stock Options

Share Capital & Compensation

TSX-V: MSR

May 11, 2023

Minsud Grants Stock Options

TORONTO, ONTARIO - Minsud Resources Corp. (TSX-V: MSR) ("Minsud" or the "Company") is

pleased to announce that it has granted an aggregate of 5,300 ,000 incentive stock options under the

Company’s stock option plan, out of which an aggregate of 4,000,000 options were granted to certain

directors and the Chief Executive Officer of the Company . The options are exercisable at price of $0.696

per share, expire on May 11, 2028 and will be subject to the following vesting terms: one-quarter (1/4) shall

vest on May 11, 2023, one-quarter shall vest (1/4) on November 11, 2023, one-quarter (1/4) shall vest on

May 11, 20 24, and the balance shall vest on November 11, 2024. As of the date hereof, a total of

16,389,069 common shares of the Company are reserved for issuance under the Company’s stock option

plan and, after this new grant 12,726,000 options will be outstanding.

About Minsud Resources Corp.

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo- Au-Ag-Pb-

Zn Project, in the Province of San Juan, Argentina. The Company also holds a 100% owned portfolio of

selected early-stage prospects, including 6,000 ha in Santa Cruz Province, Argentina.

FOR FURTHER INFORMATION PLEASE CONTACT

Ramiro Massa

President and Chief Executive Officer

[email protected]

+1 416-479-4466

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.