TORONTO, January 13, 2022 / CNW / – Donald K. Johnson, an insider of Murchison Minerals Ltd. (TSXV: MUR) (the “Transmitter“) announced, on January 11, 2022, the exercise of 4,000,000 ordinary share subscription warrants (“Mandates“) of the Issuer, at an exercise price of CA $ 0.12 by Bon, for a total consideration of CA $ 480,000 (the “Mandate exerciseThe common shares acquired by Mr. Johnson represent approximately 2.54% of the issued and outstanding common shares of the Issuer.

Prior to this acquisition, Mr. Johnson directly and indirectly owned 45,495,162 common shares of the Issuer, representing approximately 29.62% of the issued and outstanding common shares of the Issuer (59,514,162 common shares and 35.46%, respectively, assuming the exercise of convertible securities described below). Following the completion of the exercise of the warrants, Mr. Johnson now owns directly and indirectly 49,495,162 common shares representing approximately 31.37% of the issued and outstanding common shares, as well as options and warrants to acquire a total of 10,019,000 common shares of the issuer. If Mr. Johnson were to exercise these convertible securities, he would hold, directly and indirectly, 59,514,162 common shares of the Issuer, representing approximately 35.46% of the outstanding common shares of the Issuer, on a partially diluted basis.

Common shares were acquired for investment purposes. Mr. Johnson may, from time to time, depending on market and other conditions, increase or decrease his beneficial ownership, control or direction over the securities of the Issuer through market transactions, private agreements or otherwise.

This press release is published in accordance with National Instrument 62-103 – The beginning Warning system and issues with takeover bids and insider reports which requires the filing of a report under the Issuer’s profile on SEDAR ( containing additional information on the above topics. A copy of this report can be obtained by contacting Erik Martin at Murchison Minerals Ltd., Suite 100, 5063 North Service Road, Burlington, ON L7L 5H6.

THE SOURCE Donald K. Johnson

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