Granada Reports Annual General Meeting Results

(TheNewswire)

Rouyn Noranda, Q.C., March 13, 2025 – TheNewswire – Granada Gold Mine Inc.(TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or"Granada") announces that the 2025 Annual General Meeting was held today, ThursdayMarch 13, 2025 and is pleased to report that all resolutions proposedto the Shareholders were approved with over 93.87% voting in favour inall categories.   The resolutions approved are as follows:

1.        The following individuals were re-electedDirectors of the Company: Frank J. Basa, Matthew Halliday and MayaBasa.

2. McGovern HurleyLLP, Chartered Accountants , were re-appointed asCompany auditors.

3.        Approval of the renewal of theCompany’s 10% rolling share option plan.

The Board of Directors appointed the following officersof the Company for the ensuing year:

Frank J. Basa:                       President & CEO
Remantra Sheopaul:                Chief Financial Officer
Tina Whyte:                        CorporateSecretary

Frank J. Basa, Matthew Halliday and Maya Basa wereappointed members of the Audit Committee for the upcoming year.

About Granada Gold Mine Inc.

Granada Gold Mine Inc. continues to develop and exploreits 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, andis adjacent to the prolific Cadillac Break. The Company owns 14.73square kilometers of land in a combination of mining leases andclaims. The Company is currently undergoing a large drill program with 20,000m out of 120,000m complete.The drills are currently paused to provide the technical team with thenecessary time to evaluate, assimilate existing data and wait forimproved market conditions.

The Granada Shear Zone and the South Shear Zonecontain, based on historical detailed mapping as well as from currentand historical drilling, up to twenty-two mineralized structurestrending east-west over five and a half kilometers. Three of thesestructures were mined historically from four shafts and three openpits. Historical underground grades were 8 to 10 grams per tonne goldfrom two shafts down to 236 m and 498 m with open pit grades from 3.5to 5 grams per tonne gold.

The property includes the former Granada Goldunderground mine which produced more than 50,000 ounces of gold at 10grams per tonne gold in the 1930’s from two shafts before a firedestroyed the surface buildings.  In the 1990s, Granada Resourcesextracted a bulk sample (Pit #1) of 87,311 tonnes grading 5.17 g/t Au. They also extracted a bulk sample (Pit # 2) of 22,095 tonnes grading3.46 g/t Au.

For further information, Contact:

Frank J. Basa, P.Eng. member of Professional Engineers Ontario

Chief Executive Officer

P: 416-625-2342

Or:

Wayne Cheveldayoff,

Corporate Communications

P: 416-710-2410

E: waynecheveldayoff@gmail.com

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward-looking statements. The Company does notundertake to update any forward-looking information in this newsrelease or other communications unless required by law.

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