Athena GOLD Corporation to Commence Trading ON the Canadian Securities Exchange (CSE) ON Monday, October 18, 2021

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ATHENA GOLD CORPORATION TO COMMENCE TRADING ON THE

CANADIAN SECURITIES EXCHANGE (CSE) ON MONDAY, OCTOBER 18, 2021

VACAVILLE, CA – October 18, 2021 – Athena Gold Corporation (OTCQB:AHNR )(CSE: ATHA)

(“Athena” or the “Company”) is pleased to announce that it has received approval for the listing of its

common shares on the Canadian Securities Exchange (the “CSE”).

Athena’s 71,391,020 issued and outstanding common shares will commence trading on the CSE at market

open on Monday, October 18, 2021 under the ticker symbol “ATHA”.

John Power, President and CEO of the Company stated, “We are extremely pleased with our new

listing on the CS E. Together with our continued listing on the OTCQB this should collectively

provide greater liquidity for our shareholders and significantly broaden our access to investors in

Canada, the UK, Europe, and other countries. We look forward to pursuing our initial exploration

programs on our flagship Excelsior Springs project.”

About Athena Gold Corporation

Athena is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its

objective is to locate and develop economic precious and base metal properties of merit and to conduct its

exploration program on the Excelsior Springs Project, located in Esmeralda County, Nevada, approximately

45 miles southwest of Goldfield, Nevada.

For further information about Athena Gold Corporation and our Excelsior Springs Gold

project, please visit www.athenagoldcorp.com.

On Behalf of the Board of Directors

John Power

Chief Executive Officer and President

Contact:

Phone: John Power, 707-291-6198

Email: [email protected]

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Cautionary Statement to U.S. Investors

The United States Securities and Exchange Commission (“SEC”) permits mining companies, in their filings

with the SEC, to disclose only those mineral deposits that a company can legally extract or produce.

Pursuant to SEC Industry Guide 7 u nder the United States Securities Act of 1933, as amended , a “final”

or “bankable” feasibility study is required to report reserves. Cur rently Athena has not delineated

“reserves” on any of its properties. Athena cannot be certain that any deposits at its properties will ever

be confirmed or converted into SEC Industry Guide 7 or any successor rule or regulation compliant

“reserves”. Inv estors are cautioned not to assume that any part or all of the historic Buster Mine gold

zone will ever be confirmed or converted into reserves or that it can be economically or legally extracted.

The SEC has adopted amendments to its disclosure rules to m odernize the mineral property disclosure

requirements for issuers whose securities are registered with the SEC under the United States Securities

Exchange Act of 1934, as amended. These amendments became effective February 25, 2019, with

compliance required for the first fiscal year beginning on or after January 1, 2021, and historical property

disclosure requirements for mining registrants that were included in SEC Industry Guide 7 will be

rescinded from and after such date.

Forward Looking Statements

This press release contains forward -looking statements and forward -looking information (collectively,

“forward-looking statements”) within the meaning of applicable Canadian and U.S. securities laws. All

statements, other than statements of historical fact, i ncluded herein including, without limitation,

statements regarding anticipated business plans and timing of future activities of the Company, are

forward-looking statements. Although the Company believes that such statements are reasonable, it can

give no assurance that such expectations will prove to be correct. Forward-looking statements are typically

identified by words such as: “believes”, “will”, “expects”, “anticipates”, “intends”, “estimates”,

“plans”, “may”, “should”, “potential”, “scheduled”, or variations of such words and phrases and similar

expressions, which, by their nature, refer to future events or results that may, could, would, might or will

occur or be taken or achieved. In making the forward-looking statements in this press release, the Company

has applied several material assumptions, including without limitation, that there will be investor interest

in future financings, market fundamentals will result in sustained precious metals demand and prices, the

receipt of any necessary permits , licenses and regulatory approvals in connection with the future

exploration and development of the Company’s projects in a timely manner, the availability of financing

on suitable terms for the exploration and development of the Company’s projects and the Company’s ability

to comply with environmental, health and safety laws.

The Company cautions investors that any forward-looking statements by the Company are not guarantees

of future results or performance, and that actual results may differ materially from those in forward-looking

statements as a result of various factors, including, operating and technical difficulties in connection with

mineral exploration and development activities, actual results of exploration activities, the estimation or

realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary

financing required to conduct its business and affairs, as currently contemplated, the timing and amount of

estimated future production, the costs of product ion, capital expenditures, the costs and timing of the

development of new deposits, requirements for additional capital, future prices of precious metals, changes

in general economic conditions, changes in the financial markets and in the demand and market price for

commodities, lack of investor interest in future financings, accidents, labor disputes and other risks of the

mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of

development or construction a ctivities, risks relating to epidemics or pandemics such as COVID –19,

including the impact of COVID –19 on the Company’s business, financial condition and results of

operations, changes in laws, regulations and policies affecting mining operations, title di sputes, the

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inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including

of the CSE, the timing and possible outcome of any pending litigation, environmental issues and liabilities,

and other factors and risks that are discussed in the Company’s periodic filings with the SEC and disclosed

in the final long form prospectus of the Company dated August 31, 2021.

Readers are cautioned not to place undue reliance on forward -looking statements. The Company

undertakes no obligation to update any of the forward -looking statements in this press release or

incorporated by reference herein, except as otherwise required by law.