TSX Venture Exchange (TSX-V): GRG
Frankfurt Stock Exchange (FSE): G6A
OTCQB Venture Market (OTCQB): GARWF

VANCOUVER, BC, April 11, 2024 /CNW/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to report on the status of the option granted to Sociedad de Servicios Andinos SpA ("SSA") in respect to the San Pietro project located in Chile (the "Transaction"). As previously announced on January 12, 2024 (the "Initial Press Release"), New Golden Explorations Chile SpA ("NGE"), a wholly-owned subsidiary of the Company, granted SSA the option (the "Option") to subscribe for 333 shares in the capital of NGE (each, a "Share"), equivalent to approximately 25% of the issued and outstanding Shares upon exercise of the Option, subject to the terms and conditions of an option agreement (the "Option Agreement"). SSA is an arm's length party to the Company.