Eminent Announces Adoption of New stock Option Plan

EMINENT GOLD CORP.

Suite 1740, 1177 West Hastings Street

Vancouver, BC V6E 2K3

FOR IMMEDIATE RELEASE May 13, 2022

Eminent Announces Adoption of New stock Option Plan

Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (“Eminent” or the “Company”) announces

that its board of directors has approved a new 10% “rolling” stock option plan (the “New Option

Plan”). The New Option Plan supersedes and replaces the Company’s 2012 stock option plan (the

“2012 Option Plan”), which is also a 10% “rolling” stock option plan.

The New Option Plan was approved by the Company’s shareholders at the annual general meeting

held on February 25, 2022.

The New Option Plan allows the board of directors to grant up to 10% of the outstanding common

shares of the Company from time to time, less the number of shares reserved for issue under any

other share compensation arrangement (which includes the 2012 Option Plan). The New Option Plan

is intended to enable the Company to attract and retain qualified personnel in a competitive

marketplace and to encourage equity participation among persons who are directors, officers,

employees and consultants of the Company, or its affiliates, or who are providing services to the

Company or its affiliates.

The Company had 3,650,000 stock options outstanding under the 2012 Option Plan. These stock

options are now subject to the New Option Plan without any action required on the part of the option

holders.

On behalf of the Board of Directors,

"Paul Sun"

CEO and Director

About Eminent Gold Corp.

Eminent Gold Corp. 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, Gilbert

South, 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.