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SML.V ·

There were no reservations in any auditor’s reports for the two most recently -completed fiscal years or for

Corporate Updates

1

Southstone Minerals Limited

2751 Graham Street

Victoria, BC, V8T 3Z1

TSX Venture : SML

www.southstoneminerals.com

CHANGE OF AUDITOR

VANCOUVER, BRITISH COLUMBIA — September 12, 2022 — Southstone Minerals Limited (“Southstone” or

the “Company”) (TSX.V – SML) announces that it has changed its auditor from Davidson & Company LLP,

Chartered Professional Accountants, (the " Former Auditor ") to Mao & Ying LLP, Chartered Professional

Accountants (the "Successor Auditor").

There were no reservations in any auditor’s reports for the two most recently -completed fiscal years or for

any period subsequent to the most recently -completed period for wh ich an audit report was issued and

preceding the date of the Former Auditor's resignation. There were no reportable events between the

Company and the Former Auditor. The Notice of Change of Auditor, together with the letter from the Former

Auditor and the letter from the Successor Auditor have been reviewed by the Company’s audit committee

and board of directors and are filed on SEDAR.

ON BEHALF OF THE BOARD OF DIRECTORS OF SOUTHSTONE MINERALS LIMITED

Terry L. Tucker, P.Geo.

Executive Chairman

[email protected]

Neither 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.