Generation Mining Limited announced, further to its press release dated December 8, 2021, that it has completed the acquisition of the remaining 16.5% interest in the Marathon Palladium Copper project in Northwestern Ontario from Stillwater Canada Inc. The Transaction was completed in accordance with the terms and conditions set out in the acquisition agreement (the “Acquisition Agreement”) dated December 8, 2021 between the Company, Stillwater, and Generation PGM Inc. (“Gen Subco”), the Company's wholly-owned subsidiary, pursuant to which the Company has issued 21,759,332 common shares in the capital of the Company to Stillwater. The common shares issued pursuant to the Transaction are subject to a statutory hold period in Canada of four months and one day, as well as certain contractual lock-up and resale restrictions for a period of 18 months.