Eminent Gold Corp. Increases Private Placement

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DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR

INTO THE UNITED STATES.

EMINENT GOLD CORP.

Suite 1740 -1177 West Hastings Street

Vancouver, BC V6E 2K3

FOR IMMEDIATE RELEASE May 28, 2021

Eminent Gold Corp. Increases Private Placement

Eminent Gold Corp. (TSX-V: EMNT) (the “ Company”) is pleased to announce that, due to

increased demand, it is increasing the size of the previously announced non-brokered private

placement offering from 4,000,000 common shares at a price of $0.70 to up to 4,387,286 shares

at a price of $0.70 for gross proceeds of up to $3,071,100 (the “Offering”).

The proceeds of the private placement are for the Company's general working capital and to fund

exploration activities. The Company intends to close the private placement on or before June 3,

2021 and closing of the private placement is subject to the approval of the TSX Venture Exchange.

The private placement will be conducted in reliance upon certain exemptions from the

prospectus requirements. The securities issued under the private placement will be subject to a

hold period expiring four months and one day after the closing date. The common shares have

not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may

not be offered or sold in the United States absent registration or an applicable exemption from

the registration requirements. This press release does not constitute an offer to sell or the

solicitation of an offer to buy nor shall there be any sale of the common shares in any jurisdiction

in which such offer, solicitation or sale would be unlawful.

On behalf of the Board of Directors,

“Paul Sun”

CEO and Director

About Eminent Gold

Eminent Gold is a gold exploration company focused on creating shareholder value through the

exploration and discovery of world-class gold deposits in Nevada. Its multidisciplinary team has had

multiple successes in gold discoveries and brings expertise and new ideas to the Great Basin. The

Company’s exploration assets in the Great Basin include: Hot Springs Range Project, Weepah, and Spanish

Moon District.

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.

This news release contains certain statements that may be deemed “forward-looking statements” with

respect to the Company within the meaning of applicable securities laws. Forward-looking statements are

statements that are not historical facts and are generally, but not always, identified by the words

“expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar

expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-

looking statements made in this news release include the anticipated completion of the private placement

and the use of proceeds from the private placement. Although Eminent Gold Corp. believes the

expectations expressed in such forward-looking statements are based on reasonable assumptions, , such

statements are not guarantees of future performance, are subject to risks and uncertainties, and actual

results or realities may differ materially from those in the forward-looking statements. Such material risks

and uncertainties include, but are not limited to, the Company’s to obtain TSX Venture Exchange approval

and to close the private placement. Forward-looking statements are based on the reasonable beliefs,

estimates and opinions of the Company’s management on the date the statements are made. Except as

required by law, the Company undertakes no obligation to update these forward looking statements in the

event that management’s beliefs, estimates or opinions, or other factors, should change.