Generation Mining Limited — Capital/Financing Update 2023

Nov 16, 2023

==> picture [47 x 35] intentionally omitted <==

Ontario Commission des 22nd Floor 22e étage Securities valeurs mobilières 20 Queen Street West 20, rue queen ouest Commission de l’Ontario Toronto ON M5H 3S8 Toronto ON M5H 3S8

RECEIPT

Generation Mining Limited

This is the receipt of the Ontario Securities Commission for the Short Form Prospectus (NI 44-101) of the above Issuer dated November 16, 2023 (the prospectus).

The prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, and Saskatchewan . A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

November 16, 2023

Winnie Sanjoto Winnie Sanjoto Director, Corporate Finance Branch Filing No. 06039851