Castle Peak Announces Results of 2021 Annual General Meeting of Shareholders

Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - 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.

On behalf of the Board of Castle Peak Mining Ltd.:

"Iyad Jarbou"
Chief Financial Officer
Tel: 604.362.7685
Email: iyadj@castlepeakmining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com.

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