NEWS

| March 10, 2023

Val-d'Or Mining Announces Follow-On Agreement for Strategic Partnership with Gold Royalty Corp.

Val-d’Or, Québec, March 10, 2023 — Val-d’Or Mining Corporation (TSX-V:VZZ) (“Val-d’Or Mining” or the “Company”) is pleased to announce that further to the Company’s news release of December 2, 2022, it has entered into a further letter agreement dated March 9, 2023 (the “Agreement”) with Gold Royalty Corp.’s wholly owned subsidiary, Golden Valley Abitibi Royalties Ltd. (“Abitibi”), which together with Gold Royalty Corp., is referred to as “Gold Royalty”, for the assignment and transfer to the Company of all rights, titles and interests in and to the mineral claims forming Abitibi’s Upper Red Lake property located in Ontario (the “Abitibi Exploration Portfolio”) in consideration for which the Company will grant to Gold Royalty a 1% net smelter return royalty on the property comprising the Abitibi Exploration Portfolio.

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| January 30, 2023

Val-d’Or Mining Closes on Transactions and Completes Strategic Partnership with Gold Royalty Corp.

Val-d’Or, Québec, January 30, 2023 — Val-d’Or Mining Corporation (TSX-V:VZZ) (“Val-d’Or Mining” or the “Company”) is pleased to report, further to its December 2, 2022 news release, that it has received conditional approval of the TSX Venture Exchange for, and consequently completed, the transaction (the “Transaction”) contemplated by the letter agreement dated November 30, 2022 (the “Agreement”) with Gold Royalty Corp.’s wholly owned subsidiary, Golden Valley Mines and Royalties Ltd. (“Golden Valley”), (which together with Gold Royalty Corp, referred to as “Gold Royalty”).

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