Mr. James Boyce reports

NEWS RELEASE PURSUANT TO: NATIONAL INSTRUMENT 62-103

Blizzard Finance Corp., on Sept. 20, 2022, acquired 5,142,858 units of securities of Goldbank Mining Corp. at a price of seven cents per unit for a total consideration of $360,000, pursuant to a non-brokered private placement offering. Each unit is comprised of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional common share of Goldbank for five years at a price of 9.5 cents per share. Blizzard's participation in the private placement increased the percentage of Goldbank's issued and outstanding number of shares held by Blizzard by approximately 0.25 per cent on a non-diluted basis and increased the percentage by approximately 3.31 per cent, assuming exercise of all 6,142,858 share purchase warrants held by Blizzard. Immediately prior to the participation in the private placement, Blizzard had ownership and control of 14,515,000 common shares and one million share purchase warrants of Goldbank, representing approximately 16.14 per cent of the issued and outstanding common shares of Goldbank on a non-diluted basis and 17.06 per cent when assuming exercise of all one million warrants held by Blizzard. Immediately after the closing of the private placement, Blizzard had ownership and control of 19,657,858 common shares and 6,142,858 share purchase warrants of Goldbank, representing approximately 16.39 per cent of the issued and outstanding common shares of Goldbank on a non-diluted basis and 20.47 per cent when assuming exercise of all 6,142,858 warrants held by Blizzard.

Blizzard's purchase of securities in the private placement was made for investment purposes. Blizzard may in the future wish to increase or decrease its shareholdings in Goldbank as circumstances warrant. Such circumstances may include but are not limited to compliance with applicable securities laws, general market and economic conditions, business prospects of Goldbank and investment and business opportunities available to Blizzard.

The head office of Goldbank is located at 702 889 West Pender St., Vancouver, B.C., V6C 3B2. A copy of the early warning report for Blizzard filed under National Instrument 62-103 may either be obtained under Goldbank's profile on SEDAR or by contacting Blizzard.