Generation Mining Limited and Biigtigong Nishnaabeg announced the signing of a Memorandum of Agreement (“the MOA”) for the Marathon Palladium Copper Project ("Marathon Project") located in Northwestern Ontario. This MOA signals another important milestone for the Marathon Project, as it nears regulator approval through the environmental assessment process and is in line with Gen Mining's Indigenous relations policy and practice of maximizing community participation and benefits throughout the life of the project. The Company recognizes that there are established businesses within the BN community that can contribute to the Marathon Project, and the company is proud to formalize this commitment with the signing of this MOA, pursuant to which the Company has committed to: Collaborate on sustainable community-based business opportunities that will last beyond the life of the Marathon Project; Target and support businesses that include training, development and growth of BN community members in their professional development and long-term employment; Support strategic partnerships and initiatives that help BN participate in opportunities to gain management experience in the mining industry; Support BN with their strategic goals of growing current and aspirational sustainable businesses.

In addition, the MOA defines some of the contracting projects that will be sole-sourced to BN to further maximize economic benefits for the Marathon Project's closest Indigenous partner community.