Kenadyr Metals Corp. (KNDYF)

Karus and Kenadyr Mutually Agree to Terminate Arrangement Agreement

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2023) - Karus Gold Corp. ("Karus" or the "Company"), a gold exploration company focused on the South Cariboo Gold District in British Columbia, announces the mutual termination of the arrangement agreement (the "Arrangement Agreement") entered into with Kenadyr Metals Corp. (TSXV: KEN) (OTC Pink: KNDYF) ("Kenadyr") on December 28, 2022 in respect of the proposed transaction with Kenadyr previously announced on December 30, 2022 (the "Propos