Vancouver, British Columbia – November 7, 2023 – Iconic Minerals Ltd. (“Company” or “Iconic“) (TSX-V: ICM • OTCQB: ICMFF • FSE: YQG) announces that, subject to applicable shareholder and TSX Venture Exchange approvals, the board of directors of the Company has approved the amendment of an aggregate of 8,000,000 incentive stock options (the “Amended Options”) previously granted to certain directors, officers and consultants of the Company under the Company’s 2014 stock option plan (the “Option Amendments”).