Vancouver, British Columbia--(Newsfile Corp. - September 14, 2023) - York Harbour Metals Inc. (TSXV: YORK) (OTC PINK: YORKF) (FSE: 5DE0) (the " Company " or " York "), is pleased announce that the Company has completed its spinout transaction whereby York spun-out 100% of the common shares of Phoenix Gold Resources (Holdings) Ltd. (" Spinco ") to the shareholders of York (the " Shareholders ") by way of a court-approved plan of arrangement (the " Plan of Arrangement ") pursuant to the Business Corporations Act (British Columbia) completed effective 12:01 a.m. PT on September 14, 2023 (the " Effective Time ").