Mr. Justin Canivet reports

GOLDHAVEN CLOSES NON-BROKERED PRIVATE PLACEMENT

Pursuant to Goldhaven Resources Corp.'s news release dated Nov. 16, 2022, it has closed the non-brokered private placement through the issuance of 1,337,500 units for gross proceeds of $107,000. Each unit consisted of one common share of the company and one common share purchase warrant entitling the holder to purchase an additional common share of the company at a price of 12 cents per share for a period of 24 months from the closing of the offering. The expiry of the warrants may be accelerated if the closing price of the corporation's common shares on the Canadian Securities Exchange is equal to or greater than 35 cents for a minimum of 10 consecutive trading days and a notice of acceleration is provided in accordance with the terms of the warrants.

In connection with the offering, Justin Canivet, chief executive officer, and Sead Hamzagic, chief financial officer of the company, through his company Sead Hamzagic Inc., participated as to an aggregate $20,000. These transactions constituted a related party transaction as such term is defined under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company is relying on the exemptions from the formal valuation and minority approval requirements under MI 61-101. The company is exempt from the formal valuation and minority approval requirements of MI 61-101 in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25 per cent of the company's market capitalization.

Finder's fees were paid to Canaccord Genuity Corp. ($560 and 7,000 finders warrants) and Haywood Securities Inc. ($1,400 and 17,500 finder's warrants).

All securities issued in connection with the offering have a four-month-and-one-day hold period in Canada expiring on April 23, 2023.

Net proceeds of the offering will be used for general working capital.

About Goldhaven Resources Corp.

Goldhaven Resources is a Canadian junior precious metals exploration company focused on acquiring and exploring highly prospective land packages in both Canada and Chile. Goldhaven maintains a strategic presence in the gold- and silver-rich Maricunga gold belt of northern Chile which is host to several mining and advanced exploration projects, including Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa (Kinross), Cerro Maricunga (Fenix Gold), Lobo-Marte (Kinross), Volcan (Volcan), Refugio (Kinross/Bema), Caspiche (Goldcorp/Barrick) and Cerro Casale (Goldcorp/Barrick). The company has identified a total of 12 high-priority targets at its Alicia and Roma project areas in the Maricunga within a prominent regional northwest-southeast structural trend along strike from Gold Fields' Salares Norte deposit (5.2 million ounces of gold). These targets have been designated high priority due to the extent, pervasive alteration, favourable geology, highly anomalous rock geochemical results and their relative proximity to existing deposits.

Goldhaven is also making exploration progress in Canada at its Smoke Mountain property which is located in the central British Columbia porphyry-epithermal belt in close proximity to Surge Copper's Berg project, as well as at its Pat's Pond project in Newfoundland's central Newfoundland gold belt. Pat's Pond is located less than 20 kilometres from Marathon Gold's 3.14 Moz Valentine gold project and on strike from the Boomerang/Domino volcanogenic massive sulphide deposit. Pat's Pond is highly prospective for gold, copper, silver and zinc and has large-scale discovery potential. Goldhaven engages pro-actively with local and indigenous rights holders and seeks to develop relationships and agreements that are mutually beneficial to all stakeholders.

We seek Safe Harbor.