Renforth Is Well Funded To Launch Its Fall/Winter Exploration Program

Renforth Resources Inc. (CSE - RFR) (OTCQB - RFHRF) (FSE-9RR) ('Renforth' or the 'Corporation') wishes to inform shareholders that its interest in Radisson Mining Resources has been fully liquidated for a proceed/revenue of $1,400,000.

This liquidation transaction removes any uncertainty about Renforth's ability to finance itself in a challenging market for mineral exploration.

'We have precious dollars in the bank and ounces of gold in the ground. We are actively exploring our huge metal/battery property in Abitibi, Quebec. Surimeau hosts many pegmatites and, already proven by drilling, nickel, copper, zinc and gold... as well as other metals in large mineralized systems on a property 4.5 times the size of Manhattan Island. Our liquidity represents nearly 50% of our current market capitalization; our other assets build on this foundation. Our plans for the remainder of the year will once again build on this combination,' said Nicole Brewster, President and CEO of Renforth.

Renforth is currently pursuing its exploration program on Surimeau. Field geologists are monitoring target areas that have been identified based on the summer 2022 prospecting program for lithium mineralization. The team identified several pegmatite outcrops in areas that had not been explored before. Field work is facilitated by easy road access and abundant outcrops. A total of 100 samples have been submitted to the ALS Val d'Or testing laboratory (Quebec) and testing is pending.

Field conditions are ideal for field prospecting work. Renforth anticipates that after a first round of prospecting, a follow-up will be carried out, with analyses in hand, before the snow arrives. Renforth is currently designing a drilling program for this winter that will focus on the central zone of the approximately 20 km long Victoria mineralized structure, aligned with the 2021 and 2022 drill holes that crossed a mineralized ensemble including a mineralized graphitic shale horizon to the south, a main zone composed of Nickel/Cobalt/Platinum/Palladium mineralization laminated with Zinc/Copper/Silver/Gold and, In 2022, additional mineralized horizons to the north were discovered.

Contact:

Tel: 416-818-1393

Email: nicole@renforthresources.com

About Renforth

Renforth is a secure sector company known for its diverse mineral resources where it holds a dominant position south of the Cadillac-Larder Lake Fault, a world-class structure in the prolific Cadillac and Malartic mining camps in Abitibi, Quebec. Renforth mining properties in this area encompass several areas of interest, including gold, zinc, nickel, copper, cobalt, lithium and several other minerals of interest. On the approximately 300 square kilometres of the Surimeau property, held exclusively by Renforth, there are both resources and mineralized deposits being explored to expand the zones and define the amount of metal in the structures.

Forward-Looking Statements

This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward-looking. Forward-looking statements are often identified by words such as 'may,' 'will,' 'plan,' 'forecast,' 'believe,' 'anticipate,' 'estimate,' 'intend' and similar words referring to future events and results. These statements and information are based on management's current beliefs and expectations. All forward-looking information is inherently uncertain and subject to various assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuations in commodity prices, risks of obtaining necessary approvals, licenses and permits, and the availability of financing, as described in more detail in the Company's securities documents available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements, and readers are cautioned not to place undue reliance on them. Forward-looking information speaks only as of the date it is provided and the Company undertakes no obligation to revise or update such forward-looking statements, except as required by applicable law.