Tres-OR Shareholders Elect Ken Johnson to the Board of Directors and Approve All Resolutions at the Annual General Meeting

TRES-OR SHAREHOLDERS ELECT KEN JOHNSON TO THE BOARD OF DIRECTORS AND

APPROVE ALL RESOLUTIONS AT THE ANNUAL GENERAL MEETING

Vancouver, B.C. – August 22, 2023 - Tres-Or Resources Ltd. (“ Tres-Or” or the “ Company”)

(TSXV: TRS, OTCPK: TRSFF) is pleased to announce that at today’s Annual General Meeting,

shareholders elected Mr. Ken neth W. Johnson t o the Board of Directors and approved all

resolutions below as detailed in the management information circular dated July 24, 2023.

• Approval to set the number of directors for the ensuing year at four;

• Election of all nominee directors to the Board of Directors of the Company for the ensuing year;

• Re-appointment of Davidson Company LLP, Chartered Professional Accountants, as auditor of the

Company and authorizing the directors to fix the auditor’s renumeration; and

• Approval of the Company’s new 10% rolling share option plan as described in the Information Circular.

The Board of Directors and officers for the ensuing year include Kenneth W. Johnson, Laura Lee

Duffett, President and CEO, David J. Cowan and Gareth E. Mason, CFO and Corporate Secretary.

Mr. Ken Johnson is a geologist with over 40 years of mining industry experience, including mineral

exploration, project acquisition and mine development. He is currently the President & CEO of

Lipari Diamond Mines Ltd. and is responsible for the acquisition, finan cing and development of

Braúna diamond mine, Brazil’s largest diamond producer and South America’s first diamond mine

developed from a kimberlite deposit. Ken has been active in Brazil for over 20 years and is one

of the leading diamond experts in the cou ntry. With over 35 years of experience in senior

management positions in publicly traded, exchange-listed mining companies, Ken has significant

capital markets experience having raised over CAD$170 million in equity financings since 2000.

Ken holds a B.S c. degree in geology from the University of Windsor, Ontario, Canada and has

completed certification courses in Johannesburg, South Africa and holds a Rough Diamond

Grading Certificate related to the valuation of natural diamonds.

Mr. Ken Johnson is the Administrator for Vaaldiam do Brasil Mineração Ltda., a wholly owned

subsidiary of Tres -Or Resources Ltd. which holds several mineral exploration permits covering

several prospective diamond exploration properties in Brazil.

Mr. William Moure remains a Technical Advisor to the Board of Tres -Or Resources Ltd. William

Brent Moure is a practicing engineer, registered with the Association of Professional Engineers

and Geoscientists of Alberta. Mr. Moure is a graduate of the University of Alberta with a M .Sc. in

Metallurgical Engineering and a B.Sc. in Agricultural Engineering (with distinction). William (Bill)

Moure is the owner and President of Canadian Silver Refiners Ltd. , a private company with

operations that include silver reclaiming, recycling, smelting, and refining, and silver alloy

manufacturing. Bill joined the Board of Directors in October of 2014 and served as a Board

member through to August 2023. He continues as an Advisor with a focus on enhancing the

Company’s mineral project valuations and new business development initiatives.

Update on Brazilian Diamond Properties Acquisition

Tres-Or has completed the purchase of all the shares and registration of a private Brazilian

company, Vaaldiam do Brasil Mineração Ltda. (“Vaaldiam”). Vaaldiam, Tres-Or’s wholly owned

subsidiary in Brazil , holds mineral exploration permits and contractual arrangements for the

exploration of primary diamond deposits and analyses of kimberlite targets covering several

prospective diamond exploration properties in the Brazilian states of Minas Gerais and Mato

2

Tres-Or Head Office: 1934 - 131 Street | White Rock, B.C. | Canada V4A 7R7

Tel: 604-541-8376 | www.tres-or.com

Grosso, Brazil. The acquisition of Vaaldiam gives Tres-Or access to a specialized team with more

than 20 years experience in the exploration, evaluation, and development of natural diamond

sources in Brazil, Canada and Africa.

About Tres-Or Resources Ltd.

Tres-Or Resources Ltd. (“Tres -Or”) is a Can adian diamond exploration company with mineral

exploration claims and diamond discoveries in Quebec and Ontario, Canada and exploration

permits for primary diamond sources in Brazil through its wholly owned subsidiary Vaaldiam do

Brasil Mineração Ltda. Tres-Or is listed on the TSX Venture Exchange under the trading symbol

“TRS”. Additional information related to the Company is available on SEDAR and on the

Company’s website (www.tres-or.com).

On behalf of the Board of Directors

“Laura Lee Duffett”

Laura Lee Duffett

President and CEO

For further information:

Laura Lee Duffett, President & CEO: +1 (604) 541-8376 – [email protected]

Dean Claridge, Business Development: +1 (604) 688-8700

Website: www.tres-or.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this news release.

Forward-Looking Statements

This news release contains certain forward -looking statements, which relate to future events or

future performance and reflect management’s current expectations and assumptions. Such

forward-looking statements reflect management’s current beliefs and are based on assumptions

made by and information currently available to the Company. Readers are cautioned that these

forward-looking statements are neither promises nor guarantees, and are subject to risks and

uncertainties that may cause future results to differ materially from those expected including, but

not limited to, market conditions, availability of financing, actual results of the Company’s

exploration and other activities, environmental risks, future diamond prices, operating risks,

accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks

in the mining industry. All the forward-looking statements made in this news release are qualified

by these cautionary statements and those in our continuous disclosure filings available on SEDAR

at www.sedar.com. These forward -looking statements are made as of the date hereof and the

Company does not assume any obligation to update or revise them to reflect new events or

circumstances save as required by applicable law.