Peterson McVicar acts for Probe Gold to Acquire the Croinor Gold Property in Val-d’Or, Quebec

On July 13, 2023 Probe Gold Inc. (“Probe” or the “Company”) is pleased to announce that it has entered
into a definitive agreement of purchase and sale (the “Agreement”) with Monarch Mining Corporation
(“Monarch”), pursuant to which Probe has agreed to acquire a 100% interest in the Croinor Gold
property (the “Property”). The Property acquisition extends the Company’s land package immediately to
the east of the Company’s Novador Project (“Novador”) and increases Probe’s landholdings in Val-d’Or
to 600 square kilometers. The closing of the transaction is expected to close in the coming weeks and is
subject to receipt of all necessary regulatory and other approvals, including that of the Toronto Stock
Exchange, and the satisfaction of other customary closing conditions.
Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) is a leading Canadian gold exploration company focused on
the acquisition, exploration, and development of highly prospective gold properties. The Company is
committed to discovering and developing high-quality gold projects, including its key asset the
multimillion-ounce Novador Gold Project, Québec.

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