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1911 Gold Announces Grant of Deferred Share Units

Share Capital & Compensation

1911 Gold Announces Grant of Deferred Share Units

Vancouver, British Columbia, January 8, 2025 – 1911 Gold Corporation ("1911 Gold " or the

"Company") (TSXV: AUMB; OTCBB: AUMBF) announces that it has granted a total of 166,665 deferred

share units (“DSUs”) to four directors under the LTIP in respect of H2-2024 director fees. Each DSU entitles

the holder to receive one share of the Company, or in certain circumstances a cash payment equal to the

value of one share of the Company, at the time the holder ceases to be a director of the Company.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more

than 63,000 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also

owns the True North mine and mill complex at Bissett, Manitoba. 1911 Gold believes its land package is a

prime exploration opportunity, with potential to develop a mining district centred on the True North complex.

The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near

Timmins, Ontario, and intends to focus on organic growth and accretive acquisition opportunities in North

America.

1911 Gold’s True North complex and exploration land package are located within the traditional territory of

the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining

open, co-operative and respectful communication with the Hollow Water First Nation, and all local

stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs

President and CEO

For further information, please contact:

Shaun Heinrichs

Chief Executive Officer

(604) 674-1293

[email protected]

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking

statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is

expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate",

or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions,

events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information

available at the time the statements were made. Actual results or events may differ from those predicted in

these forward-looking statements. All of the Company's forward-looking statements are qualified by the

assumptions that are stated or inherent in such forward-looking statements, including the assumptions

listed below. Although the Company believes that these assumptions are reasonable, this list is not

exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and

other factors which may cause the actual results, performance or achievements to be materially different

from any future results, prediction, projection, forecast, performance or achievements expressed or implied

by the forward-looking statements. All statements that address expectations or projections about the future,

including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the

Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company

to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the

timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans,

operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has

attempted to identify important factors that could cause actual actions, events or results to differ materially

from those described in forward-looking statements, there may be other factors that cause actions, events

or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking

statements will prove to be accurate, as actual results and future events could differ materially from those

anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking

statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company

disclaims any intention or obligation to update or revise any forward-looking statements whether as a result

of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: 1911 Gold Corporation