Signature Resources Ltd. (TSX.V: SGU) is pleased to announce that the TSX Venture Exchange (the “TSXV”) has approved a share consolidation of the Company’s common shares based on five (5) pre-Consolidation common shares for one (1) post-Consolidation common share. Upon the opening of the market on December 6, 2022, the Consolidation will become effective. Because the Company will not change its name as part of the Consolidation, new share certificates will be issued bearing a new CUSIP number, 82670U3082 (ISIN: CA82670U3082). As of the Effective Date, the Company will have 55,139,632 post-Consolidated common shares and outstanding, totaling 275,698,162 common and outstanding shares.