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PNGC.CN ·

Golden Birch Resources Announces Disposition of Common Shares by Alan Martin

Corporate Updates

1

Disposition of Common Shares of Golden Birch Resources Inc.

Timmins, Ontario (June 8, 2021) –Alan Martin (“Mr. Martin”) announced today that he and persons acting jointly

or in concert with him disposed of ownership and control of an aggregate of 760,000 common shares (“Common

Shares”) in the capital of Golden Birch Resources Inc. (the “Company”) through the facilities of the Canadian

Securities Exchange (the “Disposition”). The consideration received per Common Share under the Disposition was

approximately $0.10, for total consideration received of $76,000. The completion of the Disposition, together with

other dispositions of Common Shares during the month of May, 2021 made by Alan and persons acting jointly or in

concert with him, resulted in a slightly greater than 2.0% decrease in the Common Shares beneficially owned by Alan

and persons acting jointly or in concert with him.

Immediately after the Disposition, Alan and persons acting jointly or in concert with Alan beneficially own 7.66% of

the issued and outstanding Common Shares of the Company on a non-diluted basis and 10.57% on a partially-diluted

basis.

Alan currently has no plans to acquire or dispose of any additional securities of the Company. However, Alan may

acquire additional securities of the Company, dispose of some or all of the existing or additional securities that he

holds or will hold, or may continue to hold his respective current position, depending on market conditions,

reformulations, and/or other relevant factors.

Alan has filed the early warning report under National Instrument 62-103 – The Early Warning System and Related

Take-Over Bid and Insider Reporting Issues in connection with the completion of the Disposition. A copy of the Early

Warning Report filed by Alan is available under the Company’s issuer profile on SEDAR at www.sedar.com.

To obtain a copy of the early warning report, please contact Mr. Martin at:

Alan Martin

E: [email protected]

C: +61.488.22.3828

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the

Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.