Mr. Jeffrey Wilson reports

PRECIPITATE GRANTS INCENTIVE STOCK OPTIONS

Precipitate Gold Corp. has granted stock options to certain of its directors, officers and consultants to purchase up to 3.95 million common shares. Each option is exercisable to acquire one common share of Precipitate at a price of 11 cents until June 12, 2030. The options will vest in accordance with the company's stock option plan and are subject to TSX Venture Exchange acceptance.

About Precipitate Gold Corp.

Precipitate Gold is a mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic, including its 100-per-cent-owned Juan de Herrera project located immediately adjacent to GoldQuest Mining's Romero project, its 100-per-cent-owned Pueblo Grande project located immediately adjacent to the Pueblo Viejo mine operated by Barrick and its 100-per-cent-owned Ponton project located 30 kilometres east of the Pueblo Viejo mine. Precipitate is also actively evaluating additional high-impact property acquisitions with the potential to expand the company's portfolio and increase shareholder value, in other favourable jurisdictions.

We seek Safe Harbor.