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CRD.V ·

Stone Gold Inc. Announces Corporate Secretary Appointment

Management Changes

Stone Gold Inc. Announces Corporate Secretary Appointment

TORONTO, Dec. 09, 2020 --

Stone Gold Inc. (formerly CR Capital Corp.) ( TSX-V / STG ) ("Stone Gold" or the " Company") is pleased to announce that it

has appointed Mr. Shaun Drake as Corporate Secretary. Mr. Drake has been providing corporate secretarial services to

reporting issuers for over 20 years, using his experience to provide effective and practical solutions to company’s continuous

disclosure and governance requirements. He is an Associate (ACG) of the Chartered Governance Institute. He presently acts

as Corporate Secretary to various companies listed on the TSX and the TSX Venture Exchange.

In connection with Mr. Drake’s appointment, he has been granted 50,000 incentive stock options of the Company. The options

were granted under the Company's Stock Option Plan and each stock option entitles the holder to acquire one Stone Gold

common share at an exercise price of $0.17 until November 9, 2025 and vest immediately

For further information, please contact:

Mr. John Timmons

President & CEO

Stone Gold Inc.

Cellular (416) 931 2243

Email: [email protected]

Web: www.stonegold.ca

Stone Gold Inc. is engaged in the acquisition, exploration, and evaluation of properties for the mining of precious and base

metals.

Caution Regarding Forward-Looking Information

This news release contains forward-looking information that involves substantial known and unknown risks and uncertainties,

most of which are beyond the control of Stone Gold. Forward-looking statements include estimates and statements that

describe Stone Gold's future plans, objectives or goals, including words to the effect that Stone Gold or its management

expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes",

"anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on

assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Although these statements are based on information currently available to Stone Gold, Stone Gold provides no assurance that

actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking

information could cause actual events, results, performance, prospects and opportunities to differ materially from those

expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not

limited to, Stone Gold's objectives, goals or future plans, statements, details of the exploration results, potential

mineralization, Stone Gold's portfolio, treasury, management team and enhanced capital markets profile, the timing of the

Transaction, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of

operations and estimates of market conditions. 

Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to,

failure or inability to complete the Transaction on the terms as announced or at all, regulatory approval processes, failure to

identify mineral resources, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other

project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples,

uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation,

changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating

costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and

those risks set out in Stone Gold's public documents filed on SEDAR. Although Stone Gold believes that the assumptions and

factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be

placed on such information, which only applies as of the date of this news release, and no assurance can be given that such

events will occur in the disclosed time frames or at all. Stone Gold disclaims any intention or obligation to update or revise any

forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.  

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts

responsibility for the adequacy or accuracy of this news release.