SUPERIOR GOLD ANNOUNCES SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT WITH CATALYST METALS

TORONTO, June 26, 2023 /CNW/ - Superior Gold Inc. ("Superior" or the "Company") (TSXV:SGI.VN) (OTCQX:SUPGF) is pleased to announce that at the Company's special meeting of shareholders held June 26, 2023 (the "Meeting"), Superior's shareholders (the "Shareholders") overwhelmingly voted in favour of a special resolution to approve the acquisition of all of the issued and outstanding common shares of the Company (the "Common Shares") by Catalyst Metals Limited ("Catalyst") (ASX:CYL) by way of a plan of arrangement in accordance with the Business Corporations Act (Ontario) (the "Arrangement").