Quimbaya Gold Inc. Enters Into an Advertising and Investor Awareness Campaign with Dig Media Inc. dba ?Investing News Network

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, June 27, 2023 - Quimbaya Gold Inc. (CSE: QIM) ("Quimbaya") is pleased to announce that it has entered into an advertising and investor awareness campaign with Dig Media Inc. dba Investing News ?Network ("INN"). INN is a private company headquartered in Vancouver, ?Canada, dedicated to providing independent news and education to investors ?since 2007 at www.investingnews.com. For the 12 month term of the ?agreement starting June 8^th 2023, INN will provide advertising on its website to ?increase awareness of Quimbaya. There is no other relationship between ?Quimbaya and INN. INN does not provide Investor Relations or Market Making ?services. The cost of the campaign is CA$72,000. INN can be reached at 604-688-8231 or info@investingnews.com.

Quimbaya aims to consolidate gold reserves through exploration and acquisition of mining properties in Antioquia, Colombia. Managed by an experienced team in mining sector, Quimbaya is focused on 3 projects in the regions of Segovia (the Tahami project), Puerto Berrio (the Berrio Project), and Abejorral (the Maitamac Project), all located in the Antioquia Province, Colombia.

Certain statements contained in this press release constitute "forward-looking information" as that term is defined in applicable Canadian securities legislation. Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Although Quimbaya's management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE Quimbaya Gold Inc.