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Announces Late Filing of Annual Financial Statements and Management Cease Trade Order

Source: TheNewsWire

(TheNewswire)

TORONTO, ONTARIO – May 1, 2025 - The N ewswire — GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the “Company” or“Gold’n Futures”) announces today that, as a result of delays incompleting its audit, the Company may be unable to file its annualfinancial statements and accompanying management’s discussion andanalysis for the fiscal year ended December 31, 2024 (collectively,the “Annual Filings”) by the prescribed filing deadline under Part4 of National Instrument 51-102 – Continuous DisclosureObligations . The delay incommencing the audit process was principally due to the Company’sfinancial constraints, which had resulted in outstanding fees owing toits external auditor in respect to the prior year’s audit. As aresult, the Company was unable to engage its auditor to commence theaudit for the current year. The Company has recently secured thenecessary funds to satisfy the outstanding obligations and has nowre-engaged its auditor, Stern & Lovrics LLP (“Stern &Lovrics”), to proceed with the audit. The Company is workingdiligently with Stern & Lovrics to complete the audit and expectsto file the Annual Filings as soon as practicable.

The Company currently expects to file the AnnualFilings on or before June 30, 2025, and will issue a news releaseannouncing the completion of such filings at that time. In theinterim, the Company will comply with the alternative informationguidelines set out in National Policy 12-203 – Management Cease Trade Orders . These guidelines require the Company to issue bi-weeklydefault status reports by way of news release for so long as theAnnual Filings remain outstanding.

During the management cease trade order (the“MCTO”), the general investing public willcontinue to be able to trade in the Company’s listed common shares.However, the Company’s Chief Financial Officer will be subject to atrading prohibition in accordance with the terms of the MCTO and willnot be permitted to trade in the Company’s securities until theAnnual Filings are filed and the MCTO is lifted.

Hercules Option Agreement

The Company further announced, that the Hercules-Elmhurst Property Option Agreement entered intobetween the Company and Argonaut Gold Inc. (“ Argonaut ”), datedOctober 15, 2020 and as amended on September 26, 2022, July 28, 2023,and February 14, 2024 (the “ Option Agreement ”), has been terminated. Asa result, the Option Agreement is of no further force or effect, andall rights to the Hercules-Elmhurst Property have reverted to Alamos(as successor company to Argonaut). The Company will not earn anyinterest in the Property and has no entitlement to reimbursement ofexpenditures.

AboutGold’n Futures Mineral Corp.

Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M)(OTC: GFTRF) is a mineral exploration company conducting programs toexpand its gold resources and to develop viable gold mining operationsthrough the application of extensive geological experience andknowledge combined with advanced technologies and computermodeling.

On behalf of the Board ofDirectors

Vicki Rosenthal

Chief Financial Officer

Email: matt@fishpurdy.com

Ph: 905-781-8786

Neither the Canadian SecuritiesExchange nor the Market Regulator (as that term is defined in thepolicies of the Canadian Securities Exchange) accepts responsibilityfor the adequacy or accuracy of this release.

Forward-Looking Statements:

Certain information contained in this news release mayconstitute "forward-looking information" or"forward-looking statements" within the meaning ofapplicable Canadian securities legislation. Forward-lookinginformation is often identified by the use of words such as“plans,” “expects,” “may,” “should,” “could,”“will,” “intends,” “anticipates,” “believes,”“estimates,” “forecasts,” or variations of such words andphrases, including the negative forms thereof, as well as terms suchas “pro forma” and “scheduled,” and similar expressions thatrefer to future events or outcomes.

Forward-looking statements in this release, including,without limitation, statements relating to the anticipated timing,review, completion, and filing of the Annual Filings, the Company’songoing operations, and the expected duration of the MCTO, involveknown and unknown risks, uncertainties, and other factors that maycause actual results or events to differ materially from thoseexpressed or implied by such statements. There can be no assurancethat such forward-looking statements will prove to be accurate, andactual results and future events could differ materially from thoseanticipated.

Accordingly, readers should not place undue reliance onforward-looking statements. The Company disclaims any obligation toupdate or revise any forward-looking information contained herein,except as required by applicable securities laws.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESSRELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OFTHIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCHDATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD LOOKINGINFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHERDATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATETHIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED INACCORDANCE WITH APPLICABLE LAWS.

Copyright (c) 2025 TheNewswire - All rights reserved.

Gold n Futures Mineral Corp

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