RUA.TO · 2021-09-20 12:00:00

Vancouver, British Columbia Change of Auditor

Regulatory & Compliance

KARAM MNERALS INC.

VANCOUVER, BRITISH COLUMBIA

CHANGE OF AUDITOR

Vancouver, Brit ish Columbia , -September 27, 2021 - Karam Mineral s Inc. (the “Company” or

“KMI”) (CSE:KMI; OTCPK:KMMIF) is pleased to announce that it has changed its auditors from

Smythe LLP (the “Former Auditor”) to Crowe Mackay LLP (the “Successor Auditor”). The

Former Auditor resigned as the auditor of the Company effective September 20, 2021 and the

board of directors of the Company appointed the Successor Auditor on September 20, 2021, until

the next annual shareholder meeting of the Company.

The Company confirms that there were no reservations or modified opinions in any auditor's

reports, nor any reportable events as defined in N ational Instrument 51 -102 – Continuous

Disclosure Obligations (“NI 51 -102) in connection with the audits by the Former Auditor of the

Company's most recently completed financial year or any subsequent period. The Company's

board of directors and audit comm ittee each approved the resignation of the Former Auditor and

the appointment of the Successor Auditor in place of the Former Auditor; there were no reportable

events (as defined in National Instrument 51-102) in connection with each of the Former Auditor's

audit of the Company which occurred prior to their resignation as auditors of the Company; and

the Notice of Change of Auditor was approved by the Company's board of directors.

In accordance with National Instrument 51 -102, the Notice of Change of Audit or, together with

the required letters from the Former Auditor and the Successor Auditor, have been reviewed by

the audit committee and the board of directors and have been filed on SEDAR.

About Karam

The Company is a resource exploration issuer which is actively seeking out projects in North

America and internationally. With experienced management and advisors the Company is well

suited to locate viable projects to pursue.

For further information please contact:

Kelvin Lee

Chief Financial Officer

The CSE has not reviewed or approved the contents of this release accepts responsibility for the

adequacy or accuracy of this release.

Except for an historical information contained herein, this news release contains forward -looking

statements that involve risks and uncertainties. Actual results may differ materially. Except as required

pursuant to applicable securities laws, the Company will not update these forward -looking statements to

reflect events or circumstances after the date hereof. More detailed information about potential factors that

could affect financial results is included in the documents filed from time to time with the Canadian

securities regulatory authorities by the Company.

The forward-looking statements contained in this news release present the expectations of the Company as

of the date hereof and, accordingly, is subject to change after such date. Readers are cautioned not to place

undue reliance on forward-looking statements.