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SXL.V ·

Slam Annouces Grant of Stock Options

Share Capital & Compensation

TSXV: SXL

SLAM ANNOUCES GRANT OF STOCK OPTIONS

For Immediate Release, September 03, 2021

Miramichi, New Brunswick ‐ SLAM Exploration Ltd. ( “SLAM” or the “ Company” on TSXV: SXL )

announces that is has granted 2,000,000 stock options to certain directors, officers , employees and

consultants of the Company in accordance with the Company's 10% rolling stock option plan. Each

option entitles the holder to purchase one common share of the Company at a price of $ 0.085, for a

period of five years from the date of grant. The options are fully vested on issuance.

About SLAM Exploration Ltd:

SLAM is a project -generating resource company focused on is its flagship Menneval Gold project where

the 2021 drilling program is about to begin. The Company intends to conduct additional prospecting and

geochemistry on the Gold Brook, Birch Lake gold, Wilson gold and Ramsay gold projects in the vicinity of

the Millstream Break in northern New Bruns wick and on the Jake Lee, Mount Victor and other gold

properties on the flanks of the Sawyer Brook and Wheaton Bay faults in southern New Brunswick .

Assays are pending from 248 soil samples collected at Jake Lee. SLAM owns the Reserve Creek ,

Opikeigen and Miminiska gold projects in Ontario and the Mount Uniacke gold project in Nova Scotia.

The Company owns a portfolio of base metal properties in the Bathurst Mining Camp (“BMC”) that is

subject to an option agreement . SLAM holds NSR royalties on the Superjack, Nash Creek and Coulee

zinc-lead-copper-silver properties in the BMC.

The Company has generated cash from the sale of securities received from mineral property option

agreements with other companies and has sufficient funds for the work current ly in progress. The

Company has been awarded funding assistance of $2 0,000 under the New Brunswick Junior Mining

Assistance Program in support of the 2021 Menneval drilling program. Additional information about

SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at

www.sedar.com. Follow us on twitter @SLAMGold.

Certain information in this press release may constitute forward- looking information, including statements

that address the Private Placement, the closing of the Private Placement, future production, reserve

potential, exploration and development activities and e vents or developments that the Company expects.

This information is based on current expectations that are subject to significant risks and uncertainties

that are difficult to predict. Actual results might differ materiall y from results suggested in any fo rward-

looking statements. The Company assumes no obligation to update the forward- looking statements, or to

update the reasons why actual results could differ from those reflected in the forward looking- statements

unless and until required by securities laws applicable to the Company. There are a number of risk factors

that could cause future results to differ materially from those described herein. Information identifying

risks and uncertainties is contained in the Company's filings with the C anadian securities regulators,

which filings are available at www.sedar.com. Neither the TSXV nor its Regulation Services Provider (as

that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this

release.

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CONTACT INFORMATION:

Mike Taylor, President & CEO

Contact: 506-623-8960 [email protected]

Eugene Beukman, CFO

Contact: 604-687-2038 [email protected] SEDAR: 00012459E