Ivor Exploration Announces Appointment of Vivien Chuang as New Chief Financial Officer and Option Grants

Vancouver, British Columbia--(Newsfile Corp. - March 24, 2022) - Ivor Exploration Inc. (CSE: IVOR) (the "Company" or "Ivor") is pleased to announce the appointment of Vivien Chuang as the new Chief Financial Officer of the Company effective immediately. Ms. Chuang will replace Brent Hahn, who served as the Company's Chief Financial Officer since January 27, 2022.

Ms. Chuang is a Chartered Accountant (British Columbia, Canada) with more than fifteen years of experience in the resource and mining sector. Her experience includes serving as Chief Financial Officer of Azincourt Energy Corp., a uranium developer in the world-class Athabasca Basin uranium district of Canada, and Precipitate Gold Corp. Ms. Chuang also served as Chief Financial Officer of Northern Empire Resources Corp., a Nevada-focused mining company that was acquired by Coeur Mining in 2018, K2 Gold Corporation (formerly West Melville Metals Inc.) and Chakana Copper Corp. (formerly Remo Resources Inc.). Ms. Chuang articled with PricewaterhouseCoopers LLP and holds a Bachelor of Business Administration degree from Simon Fraser University.

Management and the board of directors of the Company would like to thank Mr. Hahn for his services and continued support of the Company.

Additionally, the Company announces that it has granted a total of 1,000,000 incentive stock options to certain officers and consultants of the Company, of which 500,000 options will be granted to Ms. Chuang, all at an exercise price of $0.90 per share for a period of five years in accordance with the provisions of its stock option plan.

FOR FURTHER INFORMATION PLEASE CONTACT: David Forest, Chief Executive Officer, at #1080 - 789 West Pender Street, Vancouver, British Columbia, V6C 1H2, phone: 604-417-2960, email: notelaadvisors@gmail.com.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.

This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Such statements are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117942