Rokmaster Receives a Notice of Default IN Respect of the Revel Ridge Project Option

ROKMASTER RECEIVES A NOTICE OF

DEFAULT IN RESPECT OF THE REVEL RIDGE

PROJECT OPTION

VANCOUVER, BC

,

March 8, 2024

/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB:

RKMSF) (FSE: 1RR1) ("

Rokmaster

" or the "

Company

") announces that the Company has received

a notice of default (the "

Notice of Default

") from Huakan International Mining Inc. ("

Huakan

") for the

failure to make an option payment of

C$19,400,000

to Huakan (the "

Current Option Payment

") due

on

February 25, 2024

pursuant to the terms of an option agreement dated

December 23, 2019

between the Company, Huakan and Huakan's shareholders, as amended on

January 30, 2023

(the

"

Option Agreement

").

Pursuant to the Option Agreement, Huakan granted to the Company an option (the "

Option

") to

acquire a 100% interest in Huakan's J&L Property (which the Company has renamed to the "Revel

Ridge Project") located approximately 45 km from

Revelstoke, British Columbia

.

The Notice of Default states that the Company has until

4:30pm

(

Vancouver

time) on

April 8, 2024

to

pay Huakan the Current Option Payment in full, failing which Huakan advises that it intends to

immediately terminate the Option Agreement.

On Behalf of the Board of Directors of

Rokmaster Resources Corp.

John Mirko

President & Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

press release.

SOURCE

Rokmaster Resources Corp.

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%SEDAR: 00031923E

For further information:

Contact Mr. John Mirko, CEO of Rokmaster, [email protected], Ph.

1-604-290-4647 or visit the Company's website at: www.rokmaster.com; For Shareholder

information please contact: Mike Kordysz, [email protected], Ph. +1 (604) 319-3171

CO: Rokmaster Resources Corp.

CNW 21:27e 08-MAR-24