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DYG.V ·

Dynasty Gold Granting Stock Options

Share Capital & Compensation

1613 - 610 Granville Street

Vancouver, BC, V6C 3T3

Tel. (604) 633-2100

Fax: (604) 484-3559

www.dynastygoldcorp.com

Press Release 22-08-2

Trading Symbols: TSX-V: DYG

FSE: D5G1

OTC: DGDCF

Dynasty Gold Granting Stock Options

August 18, 2022

Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FSE: D5G1) (OTC: DGDCF)

("Dynasty" or the "Company") announces that subject to the Exchange’s approval, it intends to

grant 950,000 five-year incentive stock options to directors, officers, advisors and consultants of

the Company. The options are granted in accordance with the terms of the Company’s stock

option plan. They are exercisable at a price of $0.12 per share and vest over a period of 18 months.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian exploration compan y currently focused on gold exploration in

North America with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and in

the Midas gold camp in Nevada. The Company is curre ntly advancing its Thundercloud gold

deposit which contains 182,000 oz gold. The 43-101 Mineral Resource report and related press

release with details on the resource are available on the Company's website and were filed on

www.sedar.com . The 100% owned Golden Repeat gold project in the Midas gold camp in Elko

County, Nevada, is surrounded by a number of large- scale operating mines. In addition, Dynasty

owns a 70% interest in the Hatu Qi2 gold mine in th e Tien Shan Gold belt, Xinjiang, China, with

which it is in legal dispute with Xinjiang Non-Ferr ous Industrial Metals Group and its subsidiary

Western Region Gold Co. Ltd. For more information, please visit the Company’s website

www.dynastygoldcorp.com .

ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

“Ivy Chong”

_________________________________

Ivy Chong, President & CEO

For additional information please contact:

Vancouver Office :

Ivy Chong

Phone: 604.633.2100. Email: [email protected]

This press release contains certain "forward-lookin g statements" that involve a number of risks and un certainties. There can be no

assurance that such statements will prove to be acc urate and actual results and future events could di ffer materially from those

anticipated in such statements. The TSX Venture Exc hange has not reviewed and does not accept responsi bility for the adequacy or

accuracy of this release.