Element79 Gold Corp A nnounces Revocati on of M CTO V ancouver, BC - TheNewswi re

Element79 Gold Corp A nnounces

Revocati on of M CTO

V ancouver, BC - TheNewswi re - February 1 3 , 2022 -Ele m e nt79 Gold Corp (CSE:ELEM)

(OTC:ELMGF) (FSE:7YS) ("Ele m e n t 79 Go ld ", t h e "Co m p a n y") i s pleased to announce that the

Co m p a n y's p rin c ip a l re g u la t o r, t h e Brit is h Co lu m b ia Se c u rit ie s Co m m is s io n (" BCSC ") h a s lift e d

the M anagement C ease T r ade Or der ( " MCTO " ) i t had previ ously granted the Company on January

4, 2023 under Nati onal Poli cy 1 2 -2 03 M anagement C ease T r ade Or der s (" NP 12 -203 "), a s t h e

Company has now successfully completed all requi si te fi li ngs for i ts A nnual and I nteri m Fi nanci als.

R evoki ng the M C T O means member s of management ar e no l onger pr evented f r om tr adi ng the

Company's common shares.

The Company remai ns commi tted to ti mely fi nanci al transparency and wi shes to thank i ts

shareholders, audi tors and the BCSC, for thei r conti nued trust.

The Company’ s A nnual and I nteri m Fi nanci als are now publi cly avai lable on SEDA R. com

For corporate matters, please contact:

Ja mes C . T wor ek, C hi ef E x ecuti ve Of f i cer

Em a il: j t@ el ement79gol d. com

For i nvestor relati ons i nqui ri es, please contact:

I nvestor R el ati ons D epar tment

Phone: + 1 (6 0 4) 20 0-3608

Em a il: i nvestors@ element79gold. com

A bout Element79 Gold

Element79 Gold i s a mi ni ng company focused on gold, si lver and associ ated metals. Eleme nt79

Gold’ s mai n focus i s on two core properti es: developi ng i ts previ ously -p ro d u c in g , h ig h-grade gol d

and si lver mi ne, the Lucero project located i n Arequi pa, Peru, wi th the i ntent to bri ng i t back i nto

producti on i n the near term; and i ts flagshi p Maveri ck Spri ngs Proj ect located i n the famous gold

mi ni ng di stri ct of northeastern Nevada, USA , between the Elko and Whi te Pi ne Counti es. For

more i nformati on about the Company, please vi si t www. element79. gold .

The CSE has not revi ewed and does not accept responsi bi li ty for the adequacy or accuracy of thi s

r el ease.