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To: Goose94 who wrote (135219)	3/29/2023 8:39:15 AM
From: Goose94	Respond to of 202843

Intact Gold (ITG.H-V) To Acquire Mankota And Battle Creek Helium Properties March 28, '23 - NR Intact Gold Corp. has entered into a legally binding definitive agreement to acquire 100 per cent of the Mankota and Battle Creek helium properties located in Saskatchewan, Canada, through the acquisition of all of the issued and outstanding shares of 1281617 B.C. Ltd. (HeliumCo), a private B.C. corporation in consideration for an aggregate of 20 million shares of the company, following a one-for-five consolidation of the company's issued and outstanding shares. The company is at arm's length with HeliumCo and its shareholders. The transaction will be effected by way of a statutory amalgamation between HeliumCo and a newly formed wholly owned subsidiary of the company, and is subject to a number of conditions, including receipt of all necessary shareholder and regulatory approvals, as well as the completion of an equity financing in an amount not less than $2-million, the terms of which will be announced prior to closing of the transaction. The Mankota and Battle Creek helium properties located in Saskatchewan, Canada, are early-stage exploration properties. The exploration permits with respect to the helium properties are in two areas: A two-section land block comprising 1,214 hectares in southwestern Saskatchewan, about 10 kilometres, southeast of North American Helium's Battle Creek development: Situated on agricultural land and is road accessible with a rail line running through the property; Two contiguous land parcels totalling 4,298 hectares within five kilometres of Weil and North American Helium operations at Mankota: Situated on agricultural land and is road accessible and located one kilometre west of the town of Mankota. Additional details of the transaction, including details of the combined company officers and directors, will be contained in future news releases. Full details of HeliumCo and the posttransaction company will be contained in a listing statement to be filed with the Canadian Securities Exchange. In connection with the announcement of the agreement, trading in the common shares of the company on the NEX board of the TSX Venture Exchange is expected to be halted, effective March 29, 2023. ON BEHALF OF THE BOARD OF DIRECTORS OF INTACT GOLD CORP. Per: Harp Grewal, CEO and Director For further information, please contact: Yuying Liang, CFO Tel: (604) 630-7296