Jubilee Gold Exploration Ltd. announced the following appointments effective August 21, 2023: Maureen L. Friesen has been appointed as a director of the Corporation to fill a vacancy on the Corporation's board of directors (the "Board") resulting from the resignation of Michael Burke as a director. Ms. Friesen, who has previously served on the board of directors of a predecessor corporation of the Corporation, is a Notary Public in British Columbia, appointed by The Supreme Court of British Columbia on June 10, 1988 and has been in full time practice since July 1, 1989. Ms. Friesen is also an active real estate investor.

Ms. Friesen has also been appointed as a member of the audit committee of the Board, which consequently comprises Maureen L. Friesen, Grant Ohman and Warren Becker. Warren Becker, who currently serves as interim CEO of the Corporation, has also been appointed as interim President and Secretary and Chair of the Board.