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AGC.CN ·

Avanti Gold Corp. Announces Change of Directors and Officers

Management Changes

2380 - 1055 West Hastings, Vancouver, B.C., V6E 2E9

News Release

AVANTI GOLD CORP. ANNOUNCES CHANGE OF

DIRECTORS AND OFFICERS

October 6, 2023

AVANTI GOLD CORP. (CSE: AGC) (Frankfurt: X37) (the “Company”) announces that it that it

has appointed Dr. Colin Porter to the Company’s Board of Directors, in place of Drew Brass and Tony

Louie who have resigned as direct ors. Tammy Gillis has stepped down as Chief Financial Officer and

the Company is actively pursuing a replacement Ch ief Financial Officer. The Company would like to

thank Mr. Brass, Mr. Louie and Ms. Gillis for their many contributions to the Company.

Colin Porter

Dr. Colin Porter is a geologist with over 25 years’ experience in exploration, project management

and applied structural geology across Africa. Dr. Porter’s expertise spans a wide range of gold

mineralization systems including Archaean, Proter ozoic and Pan-African orogenic deposits and

districts of Africa. Previous roles include Stru ctural Geologist for Anglogold Ashanti, Africa

Region with extensive experience in the Birimian craton of West Africa, which included planning

and implementation of deposit scale and brownfie lds exploration at several of Africa’s largest

mines including (Obuasi, Geita, Sadiola, Morila, Siguiri). Dr. Porter is also well experienced in

target generation, design and implementation of exploration programmes at numerous African

gold projects including Banfora, (Burkina Fas, Salman/Anwia (Ghana) and Konongo, Ghana. Dr.

Porter was the head of exploration and managed all exploration activities at the Zani-Kodo gold

project in NE DR Congo, from instigation to definition of a 3Moz resource.

Dr. Porter holds a BSc (Hons) in geology from Queen’s University Belfast, a PhD in geology from

University of Southampton and is a member of the Australian Institute of Mining and Metallurgy.

On behalf of the Board of Directors

Colin Porter

Chief Executive Officer

Email: [email protected]

Office: +1 (604) 908-1679

Neither the Canadian Securities Exchange (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.