Muzhu Appoints Chief Financial Officer

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UNITED STATES

MUZHU APPOINTS CHIEF FINANCIAL OFFICER

November 16th, 2023 - Vancouver, B.C.; Muzhu Mining Ltd. (CSE: MUZU) (“Muzhu”

or the “Company”) is pleased to announce the appointment of Vivien Chuang CA,

CPA as Chief Financial Officer.

Ms.Chuang, is a qualified Chartered Professional Accountant having worked for

Charlton and Company and PricewaterhouseCoopers LLP performing audit and review

engagements for both publicly traded and private companies.

Ms. Chuang has more than 15 years of experience in the mining industry with extensive

expertise in finance, accounting, strategy, forecasting and team leadership. She has

held a number of executive finance roles at leading international mining and energy

companies including Kraken Energy Corp., Azincourt Energy Corp., Precipitate Gold

Corp., Remo Resources Inc., and Northern Empire Resources Corp. She brings

extensive experience in mergers and acquisitions, reverse mergers and initial public

offerings, internal controls, budgeting and cash flow management.

“We are looking forward to working with Ms. Chuang’s considering her strong financial

track record with leading Canadian and international mining companies. Given her

financial and accounting strength as well as her command in both English and

Mandarin, she will be of significant benefit to Muzhu as we continue to grow and

progress with our projects in China,” stated Dwayne Yaretz, President, and CEO of

Muzhu Mining, Ltd.

ON BEHALF OF THE BOARD OF DIRECTORS

Dwayne Yaretz,

CEO

Muzhu Mining Ltd.

Phone: 778-709-3398

Email: [email protected]

Website: muzhumining.ca

Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of

highly prospective projects at various stages of development. Muzhu currently holds

100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone

Belt, approximately 75km South of Matagami, Quebec.

As well, Muzhu has executed two option agreements to acquire up to 80% of the Silver,

Zinc, Lead XWG and LMM Properties in the Henan Province located in China.

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services

Provider (as that term is defined in the policies of the CSE) accepts responsibility for the

adequacy or accuracy of this release.