Generation Gold Corp. (TSXV:GEN) entered into an agreement to acquire Yath Uranium Property in Nunavut for CAD 0.16 million on November 3, 2023. Generation Gold will issue an aggregate of 2,500,000 common shares in the capital of the Company and pay the vendors an aggregate of CAD 45,000 cash as per the following schedule: 500,000 Shares (the ?Closing Shares?) ?

issued on the Closing; CAD 20,000 in cash ? paid on the Closing; 1,000,000 Shares (the ?First Anniversary Shares?) ? to be issued before the one year anniversary of the Closing; 1,000,000 Shares (the ?Second Anniversary Shares?) ?

to be issued before the two-year anniversary of the Closing; and CAD 25,000 in cash ? to be paid before the two-year anniversary of the Closing. The Closing Shares are subject to a resale restriction of twelve months.

The First Anniversary Shares and the Second Anniversary Shares will be subject to a resale restriction of four months and one day. The Company has also agreed to a one percent (1%) net smelter return royalty from future commercial production of minerals on the Property.