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Visible GOLD Mines Announces Results of Its Annual and Special Meeting of Shareholders

Drill Results Sampling & Geoscience Results Shareholder Meetings

VISIBLE GOLD MINES ANNOUNCES

RESULTS OF ITS ANNUAL AND SPECIAL

MEETING OF SHAREHOLDERS

ROUYN-NORANDA, QC

,

Feb. 26, 2024

/CNW/ -

Visible Gold Mines Inc.

(TSXV: VGD)

(Frankfurt: 3V41) announces the voting results of its annual and special meeting of shareholders

held on

February 22, 2024

(the "Meeting"). At the Meeting, the shareholders elected

Martin Dallaire

,

Sylvain Champagne

, Pierre Vézina and Joel Gagné as directors of the Corporation. Following the

Meeting, the Board of Directors of the Corporation re-appointed Martin Dallaire as President and

Chief Executive Officer of the Corporation,

Sylvain Champagne

as Secretary and Chief Financial

Officer of the Corporation.

In addition, shareholders also approved resolutions ratifying and confirming the Corporation's stock

option plan and re

appointing Raymond Chabot Grant Thornton LLP, Chartered Professional

Accountants, as the auditor of the Corporation. The resolution ratifying and confirming the

Corporation's stock option plan was approved by a majority of the disinterested shareholders of the

Corporation.

The Board of Directors has granted today stock options in respect of 450,000 common shares to

directors and officers of the Corporation. The options were granted pursuant to the Corporation's

Stock Option Plan. The exercise price of the options is

$0.10

, which is higher to the closing price of

the Corporation's common shares on the TSX Venture Exchange on

Thursday February 22, 2024

.

The options will expire on

February 23, 2034

and vested immediately.

About Visible Gold Mines

Visible Gold Mines is a corporation focused on gold in the prolific

Abitibi Gold Belt

and lithium in the

James Bay

region in the province of Québec. Visible Gold Mines has 35,155,164 common shares

issued and outstanding.

Neither the 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

the release.

SOURCE

Visible Gold Mines Inc.

View original content:

http://www.newswire.ca/en/releases/archive/February2024/26/c7499.html

%SEDAR: 00025339E

For further information:

Martin Dallaire, President and Chief Executive Officer, Telephone: 819-

762-0107, Fax: 819-762-0097, Cell : 819-763-6663, E-mail: [email protected],

Website: www.visiblegoldmines.com

CO: Visible Gold Mines Inc.

CNW 08:00e 26-FEB-24