Waraba Gold Announces Change of Auditor

Toronto, Ontario – October 15, 2021 – Waraba Gold Limited (CSE:WBGD) (the “Company”) is pleased to announce that it has changed its auditor from Adam Sung Kim Ltd. Chartered Professional Accountant (the "Former Auditor") to McGovern Hurley LLP Chartered Professional Accountants (the "Successor Auditor") effective October 14, 2021. At the request of the Company, the Former Auditor resigned as auditor of the Company effective October 14, 2021 and the board of directors of the Company appointed the Successor Auditor as the new auditor until the next Annual General Meeting of the Company.

There were no reservations in the Former Auditors' reports for the two most recently completed fiscal years. There are no reportable events between the Company and the Former Auditors.

The Notice of Change of Auditors, together with the letter from the Former Auditors and the letter from the Successor Auditors, have been reviewed by the Company's Board of Directors.

The Company has sent a Notice of Change of Auditor (the "Notice") to the Former Auditor and to the Successor Auditor and has received a letter from each, addressed to the securities commissions in each of British Columbia, Alberta and Ontario stating that they agree with the information contained in the Notice. The Notice, together with the letters from the Former Auditor and the Successor Auditor and the cover letter are available on www.sedar.com.

For additional information, please contact:

WARABA GOLD LIMITED

Carl Esprey Chief Executive Officer and Director Telephone: +1 312 235 2605 Email: [email protected]

Forward-Looking Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward- looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

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