Mr. Anthony Beruschi, a shareholder, reports

ANTHONY BERUSCHI -- EARLY WARNING NEWS RELEASE

(1) On Dec. 19, 2024, Anthony Beruschi acquired direct ownership of 17 million common shares of Goldbank Mining Corp. at a price of 6.5 cents per share for total consideration of $1,105,000 pursuant to the exercise of share purchase warrants. (2) On Nov. 28, 2024, he acquired direct ownership of 770,000 common shares of Goldbank at a price of 6.5 cents per share for total consideration of $50,050 pursuant to the exercise of share purchase warrants. (3) On April 30, 2024, he acquired direct ownership of 900,000 common shares of Goldbank at a price of 6.5 cents per share for total consideration of $58,500 pursuant to the exercise of share purchase warrants.

Prior to the warrant exercises, Mr. Beruschi had ownership and control, directly and indirectly, of 75,150,967 common shares, 41,285,714 share purchase warrants and 6,996,000 options of Goldbank, representing approximately 44.23 per cent of the issued and outstanding common shares of Goldbank on a non-diluted basis and 56.6 per cent when assuming exercise of all 41,285,714 warrants and 6,996,000 options held by Mr. Beruschi. The warrant exercises result in Mr. Beruschi having ownership and control, directly and indirectly, of 93,820,967 common shares, 22,615,714 share purchase warrants and 6,996,000 options of Goldbank, representing approximately 48.87 per cent of the issued and outstanding common shares of Goldbank on a non-diluted basis, an increase of about 4.64 per cent, and 55.70 per cent when assuming exercise of all 22,615,714 warrants and 6,996,000 options held by Mr. Beruschi, a decrease of about 0.87 per cent.

Mr. Beruschi exercised his share purchase warrants for investment purposes. Mr. Beruschi may in the future wish to increase or decrease his 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 Mr. Beruschi.

A copy of the early warning report for Mr. Beruschi filed under National Instrument 62-103 may either be obtained under Goldbank's profile on SEDAR+ or by contacting Mr. Beruschi.