Mr. Christopher Anderson reports

XIMEN MINING CLOSES FINANCING

Ximen Mining Corp. has closed the non-brokered private placement originally announced on Feb. 9, 2023, by issuing 1.2 million flow-through units at a price of 15 cents for gross proceeds of $180,000. Each flow-through share consists of one common share that qualifies as a flow-through share as defined in Subsection 66(15) of the Income Tax Act and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 60 months from the date of issue, one additional non-flow-through common share of the issuer at an exercise price of 20 cents per share.

All securities issued in connection with the flow-through offering will be subject to a hold period expiring June 11, 2023. The closing of this private placement financing is subject to final TSX Venture Exchange approval. There were no finder's fees paid on this placement.

About Ximen Mining Corp.

Ximen Mining is focused on acquiring high-grade gold assets in Southern British Columbia, with easy access and solid infrastructure. Ximen aims to build a gold mining company with the blue-sky potential of a land package with multimillion ounces of gold targeting over 10 million ounces. Ximen strives to always to take a 100-per-cent interest in all its projects and assets. The company has bought out all the possible NSRs (net smelter royalties) on its key mineral precious metal assets and several other assets in the vicinity of its holdings. Simultaneously, Ximen is advancing the Kenville gold mine forward and on the path toward production. The focus remains on meeting all the established targets while at the same time maintaining aversion toward debt and dilution. All while moving forward with responsible development, and sustainable mining and exploration practices, building ethical and sustainable value.

We seek Safe Harbor.