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ESAU.CN ·

Changes in Board of Directors

Management Changes

ESGold Changes Management and Board of Directors

VANCOUVER, BRITISH COLUMBIA – July 22, 2024, ESGold Corp. (“ESGold” or the

“Company”) (CSE: ESAU, Frankfurt: N2W, OTC: SEKZF), is pleased to announce a

restructuring of the management and the Board of Directors.

Brad Kitchen has been appointed President and Director of ESGold effective immediately. Brad has

a 35-year record consisting of investment banking and senior corporate management including the

responsibility for operations and financing for primarily resource based small, medium and large

private and public companies.

“We are very pleased t o announce Mr. Kitchen’s appointment,” stated Paul Mastantuono. “ Brad

was the driving force in the financing and advancement of the Montauban Plant engineering,

construction and equipment acquisition. After an 18- month absence his main priority for the

Company today will be to focus on building the value of the Company by tak ing the mill in to

production.”

Concurrent with the above addition of Brad Kitchen to management, Paul Mastantuono has been

appointed C.E.O of the Company replacing Jean-Yves Therien who resigned from both his previous

officer role and from the Board of Directors. In addition, Christopher Stewart and Martin Prescott

have also resigned from the Board.

The Company thanks these gentlemen for their work with ESGold and wishes them well in their

future endeavors.

As a result of the changes, the ESGold Board of Directors is currently comprised of three (3) members

including independent director Andre Gaut hier. It is the Company’s intention to appoint two (2)

additional independent directors withing the next few months.

In other corporate news, ESGold has issued 500,000 options to acquire common shares of the

Company at the price of $0.135 to a consultant. The term of these options is 2 years.

Pour une traduction française de ce communiqué de presse, veuillez visiter notre site Web à

www.esgold.com.

About the Company

ESGold Corp. is a Canadian environmentally aware resource exploration and processing company.

Management has demonstrated expertise in advancing gold exploration projects into acquisition

targets, most notably in the province of Quebec. ESGold’s principal restoration and recovery project

is the Montauban property situated in Quebec, just 80 kilometers west of Quebec City.

For more information on ESGold Corp. please contact the Company (+1 514- 712-1532) or visit the

website www.esgold.com for the French version of this press release, for past news releases, 3D

model of the Montauban processing plant, media interviews and opinion-editorial pieces. To keep up

with what's going on with ESGold ple ase join our shareholders chat room on

telegram :https://t.me/+SQeyLoDRjIAwMDVh

On behalf of the Board of Directors,

ESGold Corp.

“Paul Mastantuono”

Chief Executive Officer

“John Stella”

Investor contact

Tel: +1 514-712-1532

Email: [email protected]

Neither the Canadian Securities Exchange nor its Regulation Services Provider accept

responsibility for the adequacy or accuracy of this release.