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Day: March 24, 2023

Ascot Reports 2022 Annual Results

VANCOUVER, British Columbia, March 23, 2023 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) announces the Company’s audited consolidated financial results for the year ended December 31, 2022. For details of the audited consolidated financial statements, Management’s Discussion and Analysis, and Annual Information Form for the year ended December 31, 2022, please see the Company’s filings on SEDAR www.sedar.com. Derek White, President and CEO, commented, “2022 was a pivotal year for Ascot as the Company commenced construction at the Premier Gold Project, progressed underground development into the Big Missouri deposit, and advanced exploration drilling on high-grade gold mineralization targets such as the Sebakwe Zone and the Day Zone. Amid challenging market conditions...

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Euro Sun Announces $1 Million Private Placement

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES TORONTO, March 23, 2023 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 20,000,000 units of the Company (the “Units”) at a price of C$0.05 per Unit for gross proceeds to the Company of up to approximately C$1 million (the “Offering”). Each Unit will consist of one common share of Euro Sun and one-half common share purchase warrant of Euro Sun (“Warrant”). Each Warrant will be exercisable to acquire one common share of Euro Sun at a price of C$0.075 per share for 24 months from the closing of the Offering. Closing of the Offering is expected to occur on or about April 14, 2023 and may close in one or more tranches. All securities...

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