EARLY WARNING PRESS RELEASE This press release is issued pursuant to Multilateral Instrument 62 -104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers.
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#1000 – 409 Granville Street
Vancouver, BC, Canada, V6C 1T2
604-602-0001
EARLY WARNING PRESS RELEASE
This press release is issued pursuant to Multilateral Instrument 62 -104 – Take-Over Bids and Issuer Bids and
National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers.
Vancouver, BC, Canada – February 9, 2022. Chatradharee Mohan (the “Acquiror”) has disposed of 2,990,000
common shares (each, a “Share”) of Alerio Gold Corp. (the “Company”) on February 9, 2023 (the “Disposition”).
Prior to the disposition of the Shares, the Acquiror and Goldeneye Capital Ltd. (“Goldeneye”), a company
controlled by the Acquiror, beneficially owned and controlled 23,863,332 Common Shares representing 23.57%
of the issued and outstanding Common Shares. As a result of the disposition of the Shares, the Acquiror and
Goldeneye now beneficiall y own s and control s an aggregate of 20,873,332 Common Shares respectively
representing 20.62% of the issued and outstanding Common Shares.
The Shares were disposed of for investment purposes. The Acquiror may increase or decrease his beneficial
ownership of or control over securities of the Company s the circumstances or market conditions warrant.
A copy of the early warning report is available on www.sedar.com.
About Alerio Gold Corp.
Alerio Gold Corp. is a mineral exploration and development company in the business of acquiring, exploring, and
developing natural resource properties, with a focus in Guyana, South America. The company currently has 100%
interest in three gold properties located in Guyana.
ON BEHALF OF THE BOARD OF DIRECTORS
“Geoff Balderson”
Geoff Balderson, Director & CFO
For further information, please contact:
Geoff Balderson
Chief Financial Officer, Secretary, and Director
Telephone: 604-602-0001
Email: [email protected]
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Forward-Looking Information
This press release contains forward -looking statements. Forward -looking statements can be identified by the use of words
such as, “anticipates”, “expects”, “is expected”, “intends”, “believes”, or variations of such words and phrases or state that
certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward -looking statements include those
relating to the acquisition by Alerio Gold Corp. of all of the Properties and the corresponding issuance of the Consideration
Shares, the satisfaction of necessary terms and conditions of the Definitive Agreement to complete the Acquisition, and the
ownership of the Properties via power of attorney.
Forward-looking statements are not a guarantee of future performance and are based upon a numbe r of estimates and
assumptions of management in light of management’s experience and perception of trends, current conditions and expected
developments, including assumptions related to the ability of both companies to successfully complete all the conditi ons
precedent under the Definitive Agreement and the companies receiving all necessary future approvals and permits. Actual
results, performance or achievement could differ materially from that expressed in, or implied by, any forward -looking
statements in this press release, and, accordingly, undue reliance should not be placed on any such forward -looking
statements and they are not guarantees of future results. Forward-looking statements involve significant risks, assumptions,
uncertainties and other fact ors that may cause actual future results or anticipated events to differ materially from those
expressed or implied in any forward -looking statements. Except as required by law, Alerio Gold Corp. undertakes no
obligation to publicly update any forward -looking statements, whether as a result of new information, future events or
otherwise.
The CSE, nor its market regulator, does not accept responsibility for the adequacy or accuracy of this news release. The CSE
has in no way passed upon the merits of the pro posed Transaction and has neither approved nor disapproved the contents
of this news release.