Visionary Gold Corp. has entered into an unsecured promissory note (the "Promissory Note") to borrow USD 350,000 (the "Loan") from Wes Adams (the "Lender"). The principal amount of the Loan under the Promissory Note shall bear interest at a rate of 2.0% per annum and the Loan shall mature on the date that is 12 months from the date of the Promissory Note.

The Loan may be paid at any time without notice, bonus or penalty. The proceeds of the Loan will be used to fund the Company's 2023 exploration program and for general working capital purposes.