2024-08-08 18:27 ET - News Release

Mr. Patrick Power reports

LAKE WINN ANNOUNCES ADVERTISING AGREEMENT WITH AGORACOM

Lake Winn Resources Corp. has entered into an advertising agreement with Agora Internet Relations Corp. to provide on-line advertising, marketing and branding services as of Aug. 1, 2024. In settlement of the services provided by Agora, the company will issue common shares in the capital of the company pursuant to a shares-for-service program ending on July 31, 2025.

The advertising agreement includes numerous deliverables that will raise awareness of the company among small-capitalization investors and include services such as search engine and social media programs, digital interviews and videos, sponsorship on Agora's on-line platforms, and additional benefits.

Pursuant to the shares-for-service program, the company will issue shares to Agora in five different instalments over the term of the advertising agreement. The deemed price of the shares to be issued will be determined after the date the services are provided to the company and will be calculated using the closing price of the shares on the TSX Venture Exchange on such date.

The company will pay a total fee of $125,000 plus HST. The company is issuing shares in respect of the advertising agreement as follows:

• $25,000 plus HST upon commencement on Aug. 15, 2024;
• $25,000 plus HST at the end of the third month ending Nov. 1, 2024;
• $25,000 plus HST at the end of the sixth month ending Feb. 1, 2025;
• $25,000 plus HST at the end of the ninth month ending May 1, 2025;
• $25,000 plus HST at the end of term on July 31, 2025.

Each of the aforementioned issuances is subject to the approval of the TSX-V. All shares issued in connection with the shares for service will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws.

About Lake Winn Resources Corp.

Lake Winn is a mineral exploration company focused on advancing the 100-per-cent-owned Little Nahanni pegmatite project located in the Northwest Territories near the Yukon border. The project covers 9,682.5 hectares that include a major portion of a 13-kilometre-long and up-to-500-metre-wide lithium, cesium and tantalum pegmatite dike swarm. The project has had historic drilling and channel sampling that confirm significant lithium, tantalum, cesium and tin.

We seek Safe Harbor.

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