Mr. James Boyce of Blizzard reports

EARLY WARNING PRESS RELEASE

On April 6, 2023, Blizzard Finance Corp. acquired two million units of securities of Goldbank Mining Corp. at a price of five cents per unit for total consideration of $100,000 pursuant to a non-brokered private placement offering. Each unit is composed 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 6.5 cents per share. Blizzard's participation in the private placement decreased the percentage of Goldbank's issued and outstanding number of shares held by Blizzard by approximately 0.91 per cent on a non-diluted basis and decreased the percentage by approximately 0.34 per cent assuming exercise of all 8,142,858 share purchase warrants held by Blizzard. Immediately prior to the participation in 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. Immediately after the closing of the private placement, Blizzard had ownership and control of 21,657,858 common shares and 8,142,858 share purchase warrants of Goldbank, representing approximately 15.48 per cent of the issued and outstanding common shares of Goldbank on a non-diluted basis and 20.13 per cent when assuming exercise of all 8,142,858 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.

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.