Mines D'or to issue 150,000 shares for debt of $76,325

Mr. John Tait reports MINES D'OR ORBEC INC. ANNOUNCES SHARES FOR DEBT SETTLEMENT Mines D'Or Orbec Inc. has entered into a debt settlement agreement with a former executive of the company to settle outstanding indebtedness with respect for severance payments owed in the amount of $76,325 by agreeing to issue 150,000 common shares of the company at a deemed price of 50.9 cents per share. The board of directors of the company has determined that it is in the best interests of the company to settle the outstanding debt through the issuance of common shares to preserve the company's cash for continuing operations. Closing of the transaction is subject to customary closing conditions, including the approval of the TSX Venture Exchange. About Mines D'or Orbec Inc. Orbec is a gold company that owns 100 per cent of a large and highly prospective mineral claim position near Chibougamau, Que. The Muus project covers approximately 25,250 hectares in the northeastern part of the Abitibi greenstone belt. Muus is prospective for gold mineralization, and is adjacent to and on strike with Iamgold's 8.3-million-ounce Nelligan gold project. Orbec has announced that exploration of the Muus gold project will advance in technical collaboration with Iamgold, which owns approximately 8.3 per cent of the company. Fieldwork completed during 2022 established that the northern portion of the Muus gold project is also prospective for copper-gold volcanogenic massive sulphide mineralization, as well as confirming that it is prospective for high-grade gold mineralization similar to Iamgold's nearby Nelligan gold deposit. We seek Safe Harbor.