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SKUL.CN ·

Carman Ah Announces Resignation of Director

Management Changes

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NEWS RELEASE CARM: CSE

CARMANAH ANNOUNCES RESIGNATION OF DIRECTOR

May 3, 2024, Vancouver, B.C. – Carmanah Minerals Corp. (CSE: CARM) (“Carmanah” or the “Company”)

announces that Jordan Smith has resigned as a director of the Company effective April 23, 2024. Carmanah

would like to thank Mr. Smith for his contributions to the Company and wish him the best in his future

endeavors.

About Carmanah Minerals Corp.

Carmanah Minerals Corp. is a Canadian junior exploration company focused on a diversified portfolio

covering Precious Metals, Energy, and Critical Elements. The Company recently signed a Joint Venture

agreement with Marvel Discovery Corp. to earn a 50% int erest in the Walker Uranium Claims located

along the prolific Key Lake fault adjacent to Cameco’s and F3 Uranium properties on the east side of the

Athabasca Basin, Saskatchewan. The Walker property lies within the Wollaston‐Mudjactic Transition Zone

(“WMTZ”) which hosts the highest ‐grade uranium mines in the world. The company also holds a 100%

interest in the Hare Hill Pluton Rare Earth Project. This project comprises 162 claims totaling 4,050

hectares in Central Newfoundland and is directly contiguous to the "Bottom Brook Acquisition" by York

Harbour Metals Inc. Carmanah has also entered an option agreement to acquire the Baie Verte Brompton

Project in Central Newfoundland. This project is strategically located on a peninsula that hosts all of

Newfoundland's current gold production, including Anaconda Mining Inc.'s Point Rousse gold mine and

Rambler Metals Mining operations.

For further information, please view the Company’s filings at www.sedarplus.ca.

ON BEHALF OF THE BOARD

Fraser Rieche

Chief Executive Officer, Director

Email: [email protected]

Telephone: +1 (604) 716‐1036

Disclaimer for Forward-Looking Information:

This news release includes certain forward-looking statements and forward-looking information

(collectively, “forward-looking statements”) within the meaning of applicable Canadian securities

legislation. All statements, other than statements of historical fact, included herein are forward-looking

statements. Although the Company believes that such statements are reasonable, it can give no

assurance that such expectations will prove to be correct. Often, but not always, forward looking

information can be identified by words such as “pro forma”, “plans”, “expects”, “will”, “may”, “should”,

CARMANAH MINERALS CORP.

1100 ‐ 1 111 Melville Street

Vancouver, BC V6E 3V6

P

hone: +1 (604) 716

‐10

36

[email protected]

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“budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or

variations of such words including negative variations thereof, and phrases that refer to certain actions,

events or results that may, could, would, might or will occur or be taken or achieved. In making the

forward-looking statements in this news release, the Company has applied several material assumptions.

Readers are cautioned not to place undue reliance on forward- looking statements. The Company

undertakes no obligation to update any of the forward-looking statements in this news release except as

otherwise required by law.

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

the adequacy or accuracy of this news release.