Vancouver, British Columbia - Golden Pursuit Resources Ltd. (the “Company”) announces it has appointed David Fry as its Corporate Development & Corporate Communications consultant. Mr. Fry brings tremendous corporate development and corporate communications experience to the Company having worked in consulting and in-house capacity for public companies in various sectors, (primarily mining and exploration) in the Canadian and US markets. Mr. Fry also has an extensive background in advertising which will assist the Company with branding, messaging and marketing communications.

Mr. Fry will assist in the development and implementation of a strategic corporate development/corporatecommunication plan in conjunction with the Company’s CEO and senior management team and in thedevelopment of a branding strategy and recommend strategic and tactical initiatives to enhance theCompany’s corporate and product branding, market position, share of voice and increase overall publicawareness.

Mr. Fry will maintain an active weekly call program to develop and manage relationships with analysts,institutional investors, venture capitalists, portfolio managers, retail brokers and qualified retailshareholders through digital media, one-on-ones in person and/or virtual meetings/presentations for theCompany.

Under the terms of the agreement, the duration of this appointment shall commence on August 15, 2023, andend on January 31, 2024 (the “Initial Period”) and may be terminated at any time, without notice, by eitherparty during this period without penalty, Mr. Fry will receive $7,500 monthly for the Initial Period. If the agreement is extended beyond the Initial Period and (i) termination occurs after 3 months but less than 6 months of service, the Company shall provide for two weeks’ severance and (ii) if termination occurs after 6 months of service, the Company shall provide for three weeks’ severence.

Mr. Fry does not hold any securities in the Company.

Mr Fry has also been granted options to purchase 200,000 common shares of the Company at $0.20 pershare exercisable for a period of five years from the date of issuance to be vested quarterly over a one year period.

The agreement between the Company and Mr. Fry and grant of options are subject to regulatory approal. Mr. Fry does not provide market-making activities.

GOLDEN PURSUIT RESOURCES LTD

Per: “Brian McClay”

Brian McClay, President

CONTACT INFORMATION:

Brian McClay

Email: brian@goldpursuit.ca

Tel: (604) 730-6982

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of thisrelease.