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WINS.V ·

Winshear Appoints New CFO

Management Changes

WINSHEAR APPOINTS NEW CFO

Vancouver, March 2, 2021

Winshear Gold Corp. (TSX-V: WINS) (“Winshear” or the “Company”) is pleased to announce the

appointment of Ms. Krysta Chapman as Chief Financial Officer (“CFO”) of the Company, effective

immediately.

Ms. Chapman is a Chartered Professional Accountant (CA) and a Chartered Financial Analyst. She

holds a B.Sc. (Hons) in Mathematics and a Masters degree in Accounting from the University of

Waterloo. Ms. Chapman worked with Pathway Capital Ltd., a private venture capital investment

firm, as Chief Financial Officer, managing several private and public mining companies, and as

Corporate Treasurer at Sandstorm Gold Ltd.

The team at Winshear would very much like to thank Andrew MacRitchie for his great contributions

to the company, both as team member and CFO. We wish him the very best in his new endeavours.

About Winshear Gold Corp

Winshear Gold Corp. is a Canadian-based minerals exploration company that is currently advancing

the Gaban Gold Project in the Puno region of Peru. Gaban is a possible hard-rock source for the

modern-day alluvial gold rush underway in the Madre de Dios basin downstream; Winshear is

investigating the project for potential to host significant volumes of potentially minable gold

resource.

The Company is also conducting fully funded arbitration proceedings against the Tanzanian

Government to recover its investment and damages for the expropriated SMP gold project in

Tanzania.

For more information, please contact Irene Dorsman at (604) 210-8751 or by e-mail at

[email protected].

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark V. Sander”

Mark V. Sander, President

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 this release.