Entrée Resources Files Form 15 to Suspend SEC Reporting Obligations

ENTRÉE RESOURCES FILES FORM 15 TO

SUSPEND SEC REPORTING OBLIGATIONS

Vancouver, B.C., September 5, 2023 – Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company”

or “Entrée”) announces it has voluntarily filed a Form 15 with the United States Securities and Exchange

Commission (the “ SEC”) today for the purpose of terminat ing t he registration of its common shares

under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”) and

suspending its reporting obligations under Section s 13(a) and 15(d) of the Exchange Act. The Form 15

filing immediately suspend s the Company ’s reporting obligations under the Exchange Act, and the

deregistration will become effective in 90 days.

The voluntary deregistration and suspension will result in significant cost savings and permit

management to focus its efforts on Entrée/Oyu Tolgoi joint venture matters.

All shareholders will continue to have access to material information about Entrée as the Company’s

common shares trade on the Toronto Stock Exchange (“TSX”) under the symbol “ETG” and on the Over-

the-Counter OTCQB Venture Market (the “ OTCQB”) under the symbol “ ERLFF”. Entrée will continue to

make filings with applicable Canadian securities regulators and the OTCQB to comply with its continuous

disclosure obligations . Filings will be available under the Company’s profile on SEDAR +

at www.sedarplus.ca, and on OTC Markets at www.otcmarkets.com. Information about the Company is

also available on its website at www.EntreeResourcesLtd.com.

ABOUT ENTRÉE RESOURCES LTD.

Entrée Resources Ltd. is a well-funded Canadian mining company with a unique carried joint venture

interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project

in Mongolia. Entrée has a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi joint venture,

depending on the depth of mineralization. Horizon Copper Corp. and Rio Tinto are major shareholders of

Entrée, beneficially holding approximately 25% and 16% of the shares of the Company, respectively. More

information about Entrée can be found at www.EntreeResourcesLtd.com.

FURTHER INFORMATION

David Jan

Investor Relations

Entrée Resources Ltd.

Tel: 604-687-4777 | Toll Free: 1-866-368-7330

E-mail: [email protected]

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FORWARD LOOKING STATEMENTS

This News Release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995

and forward-looking information within the meanin g of applicable Canadian securities laws (collectively, “forward-looking statements”) with

respect to the Company’s reporting obligations under applicable securities laws ; deregistration of the Company’s common shares under Section

12(g) of the Exchange Act; trading of the Company’s common shares on the TSX and OTCQB; corporate strategies and plans; discussions with the

Government of Mongolia, Erdenes Oyu Tolgoi LLC, Rio Tinto, and Oyu Tolgoi LLC on a range of issues including Entrée’s interest in the Entrée/Oyu

Tolgoi joint venture; anticipated business activities; and future financial performance.

In certain cases, forward-looking statements can be identified by words such as "plans", "expects" or "does not expect", "is expected", "budgeted",

"scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate" or "believes" or variations of such words and phrases or

statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". While the Company

has based these forward -looking statements on its expectations about future events as at the date that such statements were prepared, the

statements are not a guarantee of Entrée’s future performance and are based on numerous assumptions regarding present and future business

strategies.

Other risks, uncertainties and factors which could cause actual results, performance or achievements of Entrée to differ mate rially from future

results, performance or achievements expressed or implied by forward-looking statements include, amongst others, unanticipated costs, expenses

or liabilities; the global economic climate; dilution; share price volatility; the availability of funding on reasonable terms; the impact of changes in

interpretation to or changes in enforcement of laws, regulations and government practices, including laws, regulations and government practices

with respect to securities, mining, foreign investment, royalties and taxation; misjudgements in the co urse of preparing forward -looking

statements; and those factors discussed in the Company’s most recently filed MD&A and in the Company’s Annual Information Form for the

financial year ended December 31, 2022, dated March 31, 2023 filed with the Canadian Securities Administrators and available at www.sedar.com.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from

those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated

or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ

materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward -looking statements. The

Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.