Cassius Announces Management and Director Change

Cassius Ventures Ltd. (NEX: CZ.H) (the “Company”) is pleased to announce that it has appointed Erik Marchand to Director, CFO and Corporate Secretary of the Company effective January 1, 2023. Mr. Chris Batalha, the current CFO, Corporate Secretary and director, has provided his notice of resignation from the Company effective December 31, 2022, for personal reasons.

About Erik Marchand

Erik Marchand is a Chartered Professional Accountant with more than a decade's experience in finance and accounting spanning the mining and forestry sectors. Mr. Marchand is also currently the Corporate Controller at Artemis Gold Inc., where he is involved in matters related to corporate finance, financial reporting, internal controls, treasury and risk management, as well as continuous business process improvement. Prior to this, he held progressively senior finance roles at one of Glencore's international mining operations. Mr. Marchand began his career with Deloitte and holds a Bachelor’s degree in Finance and Accounting.

CASSIUS VENTURES LTD. On behalf of the Board of Directors

John A. Thomas P. EngChairman, CEO and President+1 604 558 1107

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