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ELEM.CN ·

Element79 Filing of Annual Financial Statements for Year Ended August 31, 2023

Financials

Element79 Filing of Annual Financial Statements for Year Ended August 31, 2023

Vancouver – TheNewswire – February 20, 2024 – Element79 Gold Corp. (CSE:ELEM)

(OTC:ELMGF) (FSE:7YS) ("Element79 Gold", the "Company") Vancouver – is pleased to

announce that today it has filed its annual financial statements in respect of its year ended August

31, 2023, its management discussion and analysis relating to its annual financial statements, and

the CEO and CFO certifications (collectively, the "Required Documents "). The Filings are

available on SEDAR+ as well as the CSE website.

As previously announced, the Company was under a voluntary management cease trade order

("MCTO") for failure to file its annual financials and the required documents and it will remain

in default until it completes the filing of its Q1 Interim Financial statements for the period ended

November 30, 2024 along with the management discussion and analysis, and the interim CEO and

CFO certifications.

The Company intends to satisfy the provisions of the alternative information guidelines in

accordance with National Policy 12 -203 - Management Cease Trade Orders ("NP 12 -203") by

issuing bi -weekly default status reports in the form of news releases until the situation is

satisfactorily rectified.

For corporate matters, please contact:

James C. Tworek, Chief Executive Officer

Email: [email protected]

For investor relations inquiries, please contact:

Investor Relations Department

Phone: +1 (403)850.8050

Email: [email protected]

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in

the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or

accuracy of this release.