VANCOUVER - Gold Line Resources Ltd. (TSX-V: GLDL) (OTCQB: TLLZF) (the 'Company' or 'Gold Line') announces amendments to stock options agreements for certain non-insiders of the Company.

A total of 1,050,000 stock options originally granted on October 29, 2020 at an exercise price of $0.25, expiring on October 29, 2030 are being re-priced to $0.16 per option share. All other terms remain the same. A total of 775,000 stock options originally granted on January 12, 2021 at an exercise price of $0.40 per share, expiring on January 12, 2031 are being re-priced to $0.16 per share.

All other terms remain the same. The stock option amendments are subject TSX Venture Exchange approval.

About Gold Line Resources Ltd.

Gold Line is focused on advancing gold projects with significant exploration potential in prolific gold-producing regions of Sweden and Finland. Gold Line is working in one of the world's top mining jurisdictions and emerging exploration frontiers due to its strong mineral endowment, stable tenure, straightforward permitting, favourable tax regime and supportive geopolitical landscape. Gold Line currently holds a prospective portfolio of five gold exploration projects in Sweden: one project is in the Skelleftea belt of north-central Sweden and four projects, including the Langtjarn property, are located within the Gold Line Mineral Belt of north-central Sweden. The projects are located on a 200-kilometre Proterozoic greenstone sedimentary belt that is host to multiple gold showings and deposits.

Contact:

Dave Burwell

Tel: 403-410-7907

Email: dave@howardgroupinc.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute 'forward-looking statements.' Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Gold Line's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects,' 'plans,' 'anticipates,' 'believes,' 'intends,' 'estimates,' 'projects,' 'potential' and similar expressions, or that events or conditions 'will,' 'would,' 'may,' 'could' or 'should' occur.

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