PNGC.CN · 2024-09-15 12:00:00

Loyalist Announces Results from Annual and Special Meeting of Shareholders

Shareholder Meetings

Loyalist Announces Results from

Annual and Special Meeting of Shareholders

Toronto, Ontario – September 15, 2024 – Loyalist Exploration Limited (“Loyalist” or the

“Company”) (CSE: PNGC) is pleased to announce the voting results from its Annual General

and Special Meeting of Shareholders (the "Meeting") held Wednesday September 11, 2024.

The total number of shares represented by shareholders present in person and by proxy at the

Meeting was 36,092,289 representing 18.9% of Loyalist’s issued and outstanding common

shares as of the record date.

All of the matters put forward before shareholders for consideration and approval, as set out in

the Company's Management Information Circular dated July 24, 2024, were approved by the

requisite majority of votes cast at the Meeting

Steve Balch, John O’Donnell, and Errol Farr were elected as directors of the Company for the

ensuing year.

Shareholders also approved the following matters:

• the appointment of McGovern Hurley LLP as auditors of the Company for the ensuing

year;

• approval of the Company's Long-Term Incentive Plan;

• approval of the Share Exchange Agreement with Millbrook Minerals Inc.

All matters were approved by at least 99.5% of the votes cast.

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.

About Loyalist Exploration Limited

Loyalist Exploration Limited is a mineral exploration company focused on acquiring, exploring,

and developing quality mineral properties in Canada.

For further information please visit the Company's website at loyalistexp.ca or contact:

Loyalist Exploration Limited

Errol Farr, President and CEO

Tel: 647-296-1270

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

Canadian Securities Exchange) have reviewed or accept responsibility for the adequacy or accuracy of this release.