Frank Giustra Acquires Securites of Dlv Resources Ltd.

DLV RESOURCES LTD.

SUITE 3123 - 595 BURRARD STREET

VANCOUVER, BC V7X 1J1

Tel: 604-609-6110

FRANK GIUSTRA ACQUIRES SECURITES OF DLV RESOURCES LTD.

June 27, 2022 TSXV – DLV.H

Vancouver, British Columbia, June 27, 2022 – DLV Resources Ltd. (“DLV” or the “Company”) (TSXV –

DLV.H) is pleased to announce that pursuant to shares purchased in the market, Frank Giustra has

become an insider of the Company.

The Company has been advised that Frank G iustra (the “Acquiror”) has acquired, through his joint

actors, indirect ownership and or control of 7,225,000 common shares of DLV Resources Ltd.

representing approximately 9.72% of the issued and outstanding common shares of the Company.

Prior to the acq uisition of securities, Mr. Giustra owned, directly or indirectly, and/or controlled an

aggregate of 5,625,000 common shares representing 7.57 % of the outstanding shares of the

Company.

Mr. Giustra, through his joint actors, now owns and/ or controls 12,85 0,000 common shares (all of

which are owned by the Acquiror’s joint actors and none of which are owned by the Acquiror

directly), representing approximately 17.29% of the issued and outstanding common shares of the

Company.

Mr. Giustra may in the future acquire or dispose of securities of the Issuer, through the market,

privately or otherwise, as circumstances or market conditions warrant. A copy of the Early Warning

Report filed by Mr. Giustra may be obtained from the Issuer’s SEDAR profile.

ON BEHALF OF DLV RESOURCES LTD.

“Geir Liland”

Geir Liland,

Chief Executive Officer

For further information, please contact:

Jasvir Kaloti

CFO & Corporate Secretary

Tel: (604) 609-6138

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 acc uracy of this

release.