Mr. Peter Hemstead reports

BLUESTONE GRANTS STOCK OPTIONS

Pursuant to Bluestone Resources Inc.'s stock option plan, on March 14, 2024, the company granted stock options exercisable into 4,214,000 common shares in the company to certain directors, officers and employees of the company. The stock options are exercisable at 47 cents per share with a five-year term, and will vest one-third upon grant and one-third on each of the following two anniversary dates of the grant, being fully vested after two years.

About Bluestone Resources Inc.

Bluestone Resources is a Canadian-based precious metals exploration and development company focused on opportunities in Guatemala. The company's flagship asset is the Cerro Blanco gold project, a near-surface mine development project located in the department of Jutiapa, southern Guatemala. The company released the results of a feasibility study for the project, outlining an asset capable of producing over 300,000 ounces per year at head grades of greater than 2.0 grams per tonne gold. The project will produce 2.6 million ounces of gold over the life of mine at an all-in sustaining cost of $629 (U.S.) per ounce (as defined per World Gold Council guidelines, less corporate general and administration costs) over an initial 14-year mine life.

We seek Safe Harbor.