Generation Mining Announces Retirement of Director and Results of Annual and Special Meeting of Shareholders

Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) announces that Mr. Rodney Thomas has retired from his position as a Director on the Board of Directors of the Company and as such he did not seek re-election today. Following Mr. Thomas’ retirement, the total number of Board members has been reduced from eight to seven.

Kerry Knoll, Chairman of the Company said, “Rod has had an extensive career in mineral exploration around the world during the past 40 years, mainly focused in Canada. As a founding member of the Board and long-standing supporter, Rod has played an integral role in Generation Mining’s success, serving as Vice President Exploration and a Director from the Company’s founding in 2018 to his retirement as the Vice President, Exploration April 19, 2022. Rod continued his service on the Board of Directors until this spring when he informed the Board that he did not intend to stand for re-election. His contributions to Generation Mining have been considerable and he will be greatly missed.”

The following are the results of votes held at the Company’s annual and special meeting (the “Meeting”) of shareholders held earlier today.

A total of 90,453,499 common shares or 49.29% of the issued and outstanding common shares were represented in person or by proxy at the Meeting. Shareholders voted in favour of all items of business put forth at the Meeting.

The seven (7) candidates nominated for election to the Company’s board of directors and listed in the Company’s Management Information Circular dated May 19, 2023 (the “MIC”), were each elected by a majority of the votes cast by Shareholders present in person or represented by proxy at the Meeting. Each director elected will continue to hold office until the next annual meeting of Shareholders or until the director resigns or a successor is elected or appointed. The voting results were as follows:

Nominee	Votes For	Votes Withheld
Jamie Levy	84,215,619	74,244
	(99.91%)	(0.09%)
Kerry Knoll	84,215,719	74,144
	(99.91%)	(0.09%)
Stephen Reford