February 11, 2022 – Vancouver, B.C. Bayshore Petroleum Corp. (the “Company”) (TSXV: BSH) announces that it has received conditional approval from the TSX Venture Exchange to its proposed acquisition (the “Acquisition”) of all the issued and outstanding securities of Infinitum Copper Corp. (“ICC”). In conjunction with this, the Company has finalized and SEDAR filed a Filing Statement which outlines the terms of the Acquisition, contains a description of ICC and its mineral property interests in Mexico, and summarizes the proposed management and capital structure of the Company upon closing of the Acquisition.

The Company will now focus on completing the Acquisition and satisfying all of the TSXV conditions for final approval, which the Company estimates will be within the next two weeks.

On Behalf of the Board of Directors

Peter Ho
Chief Executive Officer

CAUTIONARY STATEMENTS

This press release contains “forward-looking information” within the meaning of Canadian securities legislation. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, are inherently subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. There is no certainty the Acquisition will close in the manner or within the time frame contemplated, or at all. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.