Castle Peak Announces Results of 2021 Annual General Meeting of Shareholders

Vancouver - Castle Peak Mining Ltd. (TSXV: CAP) ('Castle Peak' or the 'Company') is pleased to report that all matters placed before the shareholders at its Annual General Meeting held on November 29, 2021, were approved.

Number of Directors

Shareholders approved setting the number of directors at five.

Election of Directors

Allan Green, Randal Gindi, Andreas Marangos, Michael Novak, and Iyad Jarbou were re-elected to the board of directors of the Company.

Appointment of Auditors

Davidson & Company LLP was reappointed as auditors of the Company at a remuneration to be fixed by the Directors.

Stock Option Plan

The Stock Option Plan of the Company was re-approved by the shareholders.

Change of Name of the Company

The change of name of the Company to 'Akwaaba Mining Ltd.' was approved by the shareholders. The completion of the change of name of the Company is subject to approval by the TSX Venture Exchange.

Contact:

Tel: [phone]

Email: [e-mail]

FORWARD-LOOKING AND OTHER CAUTIONARY INFORMATION

This release may contain statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading 'Risk Factors' and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

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