ISM Resources Corp. (CSE: ISM) (OTC: ISMRF) (FRA: Q3Q0) (the 'Company' or 'ISM'), is pleased to announce, in addition to the non-brokered private placement announced on June 23, 2023, a non-brokered private placement of up 5,714,286 flow-through units of the Company (each, a 'FT Unit'), at a price of $0.35 per FT Unit, for gross proceeds of up to $2,000,000 (the 'Private Placement').

Each FT Unit will be comprised of one common share in the capital of the Company (each, a 'Share'), to be issued as a 'flow-through share' within the meaning of the Income Tax Act (Canada), and one share purchase warrant (each, a 'FT Unit Warrant'). Each FT Unit Warrant will entitle the holder thereof to purchase one additional Share (each, a 'FT Unit Warrant Share') for a period of 24 months from the closing date at an exercise price of $0.70 per FT Unit Warrant Share. Proceeds from the Private Placement will be used for proposed work programs on the Serindac Lake claims and Vaubert Lake claims located in the Nunavik region of Northern Quebec that the Company intends to acquire as announced on May 29, 2023.

The Company may pay a finder's fee on the Private Placement within the maximum amount permitted by the policies of the Canadian Securities Exchange (the 'CSE'). The Company may complete multiple closings of the Private Placement, as subscriptions are received. Each closing is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals

About ISM Resources Corp.

ISM Resources Corp. is a Canadian exploration company focused on advancing mineral resource projects in North America. It expects to acquire and hold promising assets in northern Quebec, including the Serindac Lake and Vaubert Lake Claims. Additionally, the Company is actively advancing its ESN Project for gold exploration in Nevada and evaluating the Koster Dam Project in Central British Columbia through a joint venture with Cariboo Rose Resources.

Contact:

Tel: (800) 274-8143

Email: info@ismresources.com

Caution Regarding Forward-Looking Information

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as 'anticipate', 'plan', 'estimate', 'expect', 'may', 'will', 'intend', 'should', and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation

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