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QIM.CN ·

Advertising and Investor Awareness Campaign

Marketing Announcement

Quimbaya Gold Inc. Enters Into an Advertising and Investor Awareness Campaign with Dig Media

Inc. dba Investing News Network

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN

THE UNITED STATES

VANCOUVER, BC - June 27, 2023 - Quimbaya Gold Inc. (CSE: QIM) (" Quimbaya") is pleased to

announce that it has entered into an advertising and investor awareness campaign with Dig Media Inc. dba

Investing News Network (“INN”). INN is a private company headquartered in Vancouver, Canada, dedicated

to providing independent news and education to investors since 2007 at www.investingnews.com. For the

12 month term of the agreement starting June 8 th 2023, INN will provide advertising on its website to

increase awareness of Quimbaya. There is no other relationship between Quimbaya and INN. INN does

not provide Investor Relations or Market Making services. The cost of the campaign is CA$72,000. INN can

be reached at 604-688-8231 or [email protected].

About Quimbaya

Quimbaya aims to consolidate gold reserves through exploration and acquisition of mining properties in

Antioquia, Colombia. Managed by an experienced team in mining sector, Quimbaya is focused on 3 projects

in the regions of Segovia (the Tahami project), Puerto Berrio (the Berrio Project), and Abejorral (the

Maitamac Project), all located in the Antioquia Province, Colombia.

Contact Information

Alexandre P. Boivin, President and CEO

[email protected]

+1-647-576-7135

Pietro J.L. Solari, Investor Relations

[email protected]

+1-647-576-7135

Cautionary Statements

Certain statements contained in this press release constitute "forward-looking information" as that term is

defined in applicable Canadian securities legislation. Forward-looking information by its nature is based on

assumptions and involve known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievements of the Company to be materially different from any future

results, performance or achievements expressed or implied by such forward-looking statements or

information. Although Quimbaya's management believes that the assumptions made and the expectations

represented by such information are reasonable, there can be no assurance that the forward-looking

information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other

factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially

from those described in forward-looking statements or information. Except as required by law, Quimbaya

does not expect to update forward-looking statements and information continually as conditions change.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the

adequacy or accuracy of this release.