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Dear Shareholders and Subscribers,

I feel honored to step into the role of CEO and work closely with all shareholders. It is a pivotal time for the Company, and we will be sharing a corporate update in the coming weeks that I believe will excite the market and our shareholder base.

We have a tiger by the tail, and we are coming into an exceptional market. I know these assets have world-class potential. With time, hard work, and patience, I am confident that with your strong support, we will achieve great things. The strategy will be disciplined on spending and concentrated on high-impact news flow aimed at reducing our cost of capital and increase our market visibility, as well showcase this as a world-class asset in a Tier one jurisdiction.

To share more about my vision for Premium Resources, I have recorded a short video message. You can watch it here: Exciting Times Ahead

I look forward to speaking to each of you at some point and welcoming a new large shareholder base. Happy to answer any questions, and I am always available to connect at morganl@premiumresources.com. Your continued support is invaluable, and I look forward to sharing our progress as we execute on our strategic vision in the months ahead.

Sincerely,

Morgan Lekstrom

Chief Executive Officer and Director

Premium Resources Ltd.

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