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PNGC.CN ·

Golden Birch Resources Inc. Announces Stock Option Grants June 23, 2021

Share Capital & Compensation

140 Cook’s Lake Road

Timmins, Ontario

P4R 0B7 Canada

Golden Birch News Release – June 23, 2021

Golden Birch Resources Inc. Announces Grant of Stock Options

Timmins, Ontario (June 23, 2021) - Golden Birch Resources Inc. (CSE:GBRX) (“Golden Birch” or

the “Company”) announces that pursuant to the Company’s stock option plan and the policies of

the Canadian Securities Exchange, it has granted 419,000 stock options to purchase Class A

common shares (“Shares”) of the Company at a price of $0.20 per Share for a period of four years

to certain directors and consultants of the Company.

About Golden Birch Resources Inc.

Golden Birch Resources Inc. is a mineral exploration company focused on acquiring, exploring,

and developing quality mineral properties in Papua New Guinea. Core values for the Company

are respect for the community, the landowners, the environment and operating a safe workplace

for its employees. The Company is also committed to best practice standards of corporate

governance.

For further information please visit the Company’s website at www.goldenbirchresources.ca

or contact:

Golden Birch Resources

Iain Martin, Director, interim CEO and President

Tel: +1 705 288 0249

[email protected]

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 release.

Forward-Looking Statements

This Press Release contains forward-looking statements that involve risks and uncertainties,

which may cause actual results to differ materially from the statements made. Such statements

reflect the Company’s present views, future plans, objective or goals, including words to the effect

that the Company or management expects a stated condition or result to occur. When used in

this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”,

“believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking

statements. Since forward-looking statements are based on assumptions and address future

events and conditions, by their very nature they involve inherent risks and uncertainties. Although

these statements are based on information currently available to the Company, the Company

provides no assurance that actual results will meet management’s expectations. Many risks,

uncertainties, and other factors involved with forward-looking information could cause our actual

results to differ materially from the statements made, including those factors discussed in filings

made by us with the Canadian securities regulatory authorities.

140 Cook’s Lake Road

Timmins, Ontario

P4R 0B7 Canada

Golden Birch News Release – June 23, 2021

Forward-looking information in this news release includes, but is not limited to, the Company’s

objectives, goals or future plans, statements, such actual results of current exploration programs,

the general risks associated with the mining industry, the price of copper, gold and other metals,

currency and interest rate fluctuations, increased competition and general economic and market

factors, potential mineralization, the estimation of mineral resources, exploration and mine

development plans, timing of the commencement of operations and estimates of market

conditions. Factors that could cause actual results to differ materially from such forward-looking

information include, but are not limited to failure to identify mineral resources, failure to convert

estimated mineral resources to reserves, the inability to complete a feasibility study which

recommends a production decision, the preliminary nature of metallurgical test results, delays in

obtaining or failures to obtain required governmental, environmental or other project approvals,

political risks, uncertainties relating to the availability and costs of financing needed in the future,

changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices,

delays in the development of projects, capital and operating costs varying significantly from

estimates and the other risks involved in the mineral exploration and development industry, the

inability to predict and counteract the effects of COVID-19 on the business of the Company,

including but not limited to the effects of COVID-19 on the price of commodities, capital market

conditions, restriction on labour and international travel and supply chains, and those risks set

out in the Company’s public documents filed on SEDAR.

Although the Company believes that the assumptions and factors used in preparing the forward-

looking information in this news release are reasonable, undue reliance should not be placed on

such information, which only applies as of the date of this news release, and no assurance can be

given that such events will occur in the disclosed time frames or at all. The Company disclaims

any intention or obligation to update or revise any forward-looking information, whether as a

result of new information, future events or otherwise, other than as required by law.