Gold Mountain Mining Corp. — Board/Management Information 2023

Jul 21, 2023

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Gold Mountain Appoints New Board Member and Chief Financial Officer

VANCOUVER, Canada - July 20[th] , 2023 - Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSX:GMTN) (OTCQB:GMTNF) (FRA:5XFA) today announces that Mr. Howard Jones is stepping down from the Company’s Board of Directors effective immediately for health related reasons. Mr. Ron Woo, the Company’s Chief Executive Officer, has agreed to accept an appointment to the Board.

The Company is also pleased to announce that Mr. Simon Buckett has agreed to act as the Company’s new Chief Financial Officer (“CFO”) effective July 20, 2023. Mr. Buckett started his career with KPMG in London, UK, before moving to Canada where he was an auditor in the mining and technology sectors for both KMPG and Ernst & Young. Mr. Buckett has extensive experience in financial and accounting related functions, serving as a CFO for over a decade. During this time, he has worked with a number of BC based junior public companies. Mr. Buckett is replacing Mr. Paulo Santos in the CFO role.

The Company wishes to thank both Mr. Jones and Mr. Santos for their service to Gold Mountain and wish them good health and success in their respective future pursuits.

About Gold Mountain Mining

Gold Mountain is a British Columbia based gold and silver exploration and development company focused on the Elk Gold Project, a producing mine located 57 KM from Merritt in South Central British Columbia. Additional information is available at www.sedar.com or on the Company's new website at www.gold-mountain.ca.

For further information, please contact:

Gold Mountain Mining Corp. Phone: 778.262.0933 Email: IR@gold-mountain.ca Website: www.gold-mountain.ca Twitter: www.twitter.com/goldmtnmine_