File: Attachment NR Early Warning 2024 12 20 AJB.pdf

ANTHONY J. BERUSCHI

Suite 702 - 889 West Pender Street, Vancouver, BC V6C 3B2 Tel: 604.669.3116

December 20, 2024

NEWS RELEASE

Pursuant to: National Instrument 62-103

Mr. Anthony Beruschi ("Mr. Beruschi") announces that (1) on December 19, 2024 he acquired direct ownership of 17,000,000 common shares of Goldbank Mining Corporation ("Goldbank") at a price of $0.065 per share for total consideration of $1,105,000 pursuant to the exercise of share purchase warrants; (2) on November 28, 2024 he acquired direct ownership of 770,000 common shares of Goldbank at a price of $0.065 per share for total consideration of $50,050 pursuant to the exercise of share purchase warrants; and (3) on April 30, 2024 he acquired direct ownership of 900,000 common shares of Goldbank at a price of $0.065 per share for total consideration of $58,500 pursuant to the exercise of share purchase warrants (the three exercises of share purchase warrants together herein referred to as the "Warrant Exercises").

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% of the issued and outstanding common shares of Goldbank on a non- diluted basis and 56.6% 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% of the issued and outstanding common shares of Goldbank on a non-diluted basis, an increase of about 4.64%, and 55.70% when assuming exercise of all 22,615,714 warrants and 6,996,000 options held by Mr. Beruschi, a decrease of about 0.87%.

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.

The head office of Goldbank is located at 702 889 West Pender Street, Vancouver, BC, V6C 3B2. 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 www.sedarplus.ca or by contacting Mr. Beruschi.

"Anthony J. Beruschi"

ANTHONY J. BERUSCHI

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.