Gatling Exploration Inc. Completes Plan of Arrangement with MAG Silver Corp

VANCOUVER, BC / ACCESSWIRE / May 20, 2022 / GATLING EXPLORATION INC. (TSX.V:GTR)(OTCQB:GATGF) ("Gatling" or the "Company") announced today the completion of the previously announced Plan of Arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") whereby MAG Silver Corp. ("MAG") has acquired all of the issued and outstanding common shares of the Company (the "Gatling Shares") on the basis of 0.0170627 of a common share in the capital of MAG per Gatling Share under the terms of the Arrangement. The Arrangement was originally announced on March 11, 2022. With the Arrangement now complete, the common shares of Gatling will be de-listed from the TSX Venture Exchange ("TSX-V") at the close of trading on May 24, 2022. Gatling will also apply to cease to be a reporting issuer under applicable Canadian securities laws.

Former shareholders of Gatling who have questions or require assistance with submitting their Gatling shares in connection with the Arrangement may direct their questions to Computershare Investor Services Inc., which is acting as depositary in connection with the Arrangement, by telephone at 1-800-564-6253 or by email at [e-mail].

For more information on the Arrangement, please see the news release issued by Gatling on March 11, 2022, along with Gatling's management information circular dated April 20, 2022 prepared in connection with the Arrangement, all of which are available under Gatling's profile at www.sedar.com.

About Gatling Exploration Inc.

Gatling Exploration is a Canadian gold exploration company focused on advancing the Larder Gold Project, locatedin the prolific Abitibi greenstone belt in Northern Ontario. The Larder project hosts three high‐grade gold deposits along the Cadillac‐Larder Lake Break, 35 km east of Kirkland Lake. The Larder property has a global Mineral Resource Estimate (2021) of 388,000 oz Au Indicated and 933,000 oz Au Inferred gold ounces from both open pit and underground resources. The project is 100% owned by Gatling and is comprised of patented and unpatented claims, leases and mining licenses of occupation within the McVittie and McGarry Townships. The 3,370 ha project area is positioned 7 km west of the Kerr Addison Mine, which produced 11 million ounces of gold. All parts of the Larder property are accessible by truck or all‐terrain vehicles on non‐serviced roads and trails.