Dr. Elena Clarici reports

ELECTRUM DISCOVERY CORP. ANNOUNCES AGM RESULTS

Electrum Discovery Corp. has released the results of the company's annual general meeting held on Aug. 8, 2024.

A total of 11,847,794 common shares were voted at the meeting, representing approximately 18.71 per cent of the total issued and outstanding common shares of the company. Shareholders voted to approve all matters brought before the meeting, including the election of all director nominees, the appointment of Smythe LLP as the company's auditor for the ensuing year and the adoption of a new omnibus incentive plan, in accordance with the requirements of the TSX Venture Exchange.

Detailed results of the votes are provided in an attached table.

Electrum's board of directors wishes to thank shareholders for their continued support.

About Electrum Discovery Corp.

Electrum Discovery is an emerging, Canadian-based mineral exploration company focused on the prolific Western Tethyan belt, with two main projects spanning 645 square kilometres of prospective exploration ground in Serbia.

Timok East extends over 123 square kilometres across the Timok copper-gold region and includes the recently discovered Bambino copper-gold anomaly, located fewer than five kilometres from the Bor copper-gold mining complex. Novo Tlamino, located in southeastern Serbia, covers 522 square kilometres and includes an inferred mineral resource estimate of 670,000 ounces gold equivalent (7.1 million tonnes at an average grade of 2.9 grams per tonne AuEq).

Electrum's management team is focused on maximizing shareholder value through the acquisition and advancement of a large portfolio of copper-gold assets, while fostering sustainability, governance and knowledge transfer in the region.

We seek Safe Harbor.