SCOTTIE RESOURCES ANNOUNCES BOARD APPOINTMENT OF ELLIE OWENS

Rhea-AI Summary

Scottie Resources Corp. has appointed Ellie Owens to its board of directors, effective January 16, 2023. With a decade of experience in the junior mining industry and qualifications in geology and law, Owens is expected to enhance the board's expertise. She has previously worked with prominent organizations, including Golder Associates and Agnico Eagle, and currently serves on the board of the PDAC. Additionally, Scottie has granted 4,850,000 options to acquire common shares at $0.27 per share, valid for five years. The company focuses on expanding mineralization in the Golden Triangle of British Columbia, holding over 59,000 hectares of mineral claims.

Positive

• Appointment of Ellie Owens strengthens board expertise.
• Owens brings ten years of relevant industry experience.
• Significant mineral claim holdings in a prolific mining area.

Negative

• None.

VANCOUVER, BC, Jan. 17, 2023 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to announce the appointment of Ellie Owens to the Company's board of directors, effective January 16, 2023.

With ten years of technical and corporate experience, Ms. Owens has held roles at Golder Associates, Diavik Diamond Mine, Agnico Eagle's Meadowbank Mine, Atomic Energy of Canada and at Groia & Co (securities litigation). Ms. Owens holds a J.D. and M.Sc. (Geology) from Western University and a B.Sc. (Geology) from the University of Waterloo. She currently is a member of the Board of Directors of the PDAC as well as on the PDAC Planning Committee.

Brad Rourke, President and CEO of Scottie stated, "We are excited to welcome Ellie to Scottie's board of directors. Ellie's experience in the junior mining industry, coupled with her legal and geological background, makes her a welcome addition to the Company and will strengthen the skillset of Scottie's board."

Scottie also announces that it has granted 4,850,000 options to acquire common shares to certain directors, officers, and consultants of the Company. The options are exercisable at a price of $0.27 per share and are valid for a period of five years.

ABOUT SCOTTIE RESOURCES CORP.

Scottie owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Zone and the high-grade, past-producing Scottie Gold Mine. Scottie also owns 100% interest in the Georgia Project which contains the high-grade past-producing Georgia River Mine, as well as the Cambria Project properties and the Sulu property. Altogether Scottie Resources holds more than 59,000 hectares of mineral claims in the Stewart Mining Camp in the Golden Triangle.

The Company's focus is on expanding the known mineralization around the past-producing mines while advancing near mine high-grade gold targets, with the purpose of delivering a potential resource. The Company's focus is on expanding the known mineralization around the past-producing mine while advancing near mine high-grade gold targets, with the purpose of delivering a potential resource.

All of the Company's properties are located in the area known as the Golden Triangle of British Columbia which is among the world's most prolific mineralized districts.

Forward Looking Statements

This news release may contain 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. Although the Company believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward–looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward–looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

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SOURCE Scottie Resources Corp.

FAQ

What is the significance of Ellie Owens' appointment to Scottie Resources Corp.?

Ellie Owens' appointment enhances the board's expertise in geology and law, which is crucial for the company's mining operations.

What options has Scottie Resources Corp. granted after the board appointment?

Scottie has granted 4,850,000 options to acquire common shares at a price of $0.27 per share, valid for five years.

How does Scottie Resources Corp. plan to utilize its mineral claims?

The company intends to expand known mineralization around past-producing mines and advance high-grade gold targets.

When was Ellie Owens appointed to the board of Scottie Resources Corp.?

Ellie Owens was appointed to the board effective January 16, 2023.