Kraken Energy Corp. announced that it has appointed Marlis Yassin as a director of the Company, effective February 12, 2024. Ms. Yassin brings more than 15 years of executive financial management and leadership experience to the Kraken team.

As a senior executive or advisor to a number of global companies, Ms. Yassin has considerable experience in strategic planning, financing, acquisitions, and financial reporting and controls. Marlis is an accomplished financial executive with extensive experience in building and leading teams. She has a sophisticated knowledge of public companies, capital markets, IPOs, equity financing, and financial and regulatory reporting. Moving forward, all exploration will be managed by the Company's Senior Geologist, Madeline Berry, with support from the experienced and professional team at Rangefront Mining Services of Elko Nevada.