LUCKY MINERALS INC. ANNOUNCES AGM RESULTS

Vancouver, British Columbia, December 9, 2021 – Lucky Minerals Inc. (TSXV: LKY, OTC:  LKMNF, FRA: LKY) (“Lucky” or the “Company”) is pleased to announce the results of its Annual  General Meeting (“AGM”) that was held on December 8, 2021. The shareholders approved all  resolutions presented in the information circular sent to the Company’s shareholders and filed on  SEDAR on November 16, 2021 (the “Information Circular”). 

At the Meeting the shareholders: 

a) Received the audited consolidated financial statements of the Company for the fiscal year  ended October 31, 2020 (with the comparative statements relating to the previous fiscal period)  together with the report of the auditors thereon. 

b) Set the number of Directors at five (5) for the ensuing year and approved the appointment of  the following persons as Directors to serve until the next annual meeting of the shareholders:  François Perron, Robert Rosner, Blake Hylands, Shaun Dykes and Roy McDowall. 

c) Approved the appointment of PricewaterhouseCoopers LLP, Chartered Professional  Accountants, as the Company’s auditor for the ensuing year and authorized the Directors to set  their remuneration. 

d) Approved the Company’s 10% Rolling Incentive Stock Option Plan 

About Lucky Minerals Inc. 

Lucky is an exploration and development company targeting large-scale mineral systems  in proven districts with the potential to host world class deposits. Lucky owns a 100%  interest in the Fortuna Property. The Company’s Fortuna Project is comprised of twelve  contiguous, 550 km2 (55,000 Hectares, or 136,000 Acres) exploration concessions.  Fortuna is located in a highly prospective, yet underexplored, gold belt in southern  Ecuador. 

ON BEHALF OF THE BOARD 

“François Perron” 

Chief Executive Officer

Further information on Lucky can be found on the Company’s website at www.luckyminerals.com  and at www.sedar.com, or by contacting François Perron, President and CEO, by email at  [email protected] or by telephone at (866) 924 6484. 

Or by contacting:  

Renmark Financial Communications Inc. 

Daniel Gordon: [email protected] 

Tel: (416) 644-2020 or (212) 812-7680 

www.renmarkfinancial.com 

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

Cautionary Statement Regarding Adjacent Properties and Forward-Looking Information 

This news release contains forward-looking statements relating to the future operations of the Company and other  statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”,  “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included  in this release, including, without limitation, statements regarding the future plans and objectives of the Company are  forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will  prove to be accurate and actual results and future events could differ materially from those anticipated in such  statements. Such factors include, but are not limited to: uncertainties related to exploration and development; the ability  to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets;  increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive  developments; technological or operational difficulties or inability to obtain permits encountered in connection with  exploration activities; and labor relations matters. This list is not exhaustive of the factors that may affect the Company’s  forward-looking information. Important factors that could cause actual results to differ materially from the Company’s  expectations also include risks detailed from time to time in the filings made by the Company with securities regulators.  The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be  incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of  

numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the  Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information,  although considered reasonable by management at the time of preparation, may prove to be incorrect and actual  results may differ materially from those anticipated. Forward-looking statements contained in this news release are  expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are  made as of the date of this news release and the Company will not update or revise publicly any of the included  forward-looking statements unless required by Canadian securities law.



Michael Rothwell