Entrée Resources Appoints Allan Moss to Board of Directors

ENTRÉE RESOURCES APPOINTS ALLAN MOSS TO BOARD OF DIRECTORS

Vancouver, B.C., April 12 , 20 22 – Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or

“Entrée”) has appointed Allan Moss to its Board of Directors (the “Board”) effective immediately.

Mr. Moss has more than 40 years global experience in technical aspects of mining, the last 20 years of

which has been focused on block caving. He is currently President of Sonal Mining Technology Inc.

(“Sonal”), a company providing technical advice to the caving industry. Mr . Moss currently acts as an

independent technical advisor to several companies involved in caving, including Newcrest Mining and

Freeport McMoRan.

Mark Bailey, Non-Executive Chair of the Board commented, “We are very pleased to welcome Allan Moss

to the Entrée Board. Allan is a geological engineer with decades of industry experience and deep block

cave expertise working on world class projects. First development production from the Entrée/Oyu

Tolgoi joint venture licences is currently expected in H2 2023, which is rapidly approaching. The Panel 1

design optimization study, which will include the Hugo North Extension deposit on the Entrée/Oyu Tolgoi

joint venture licences, is scheduled for completio n in H1 2023 and our joint venture partner is working

hard to minimize delays to Panel 1 arising from the impacts of COVID -19, among other things. Having

Allan’s expertise on the Board will improve Entree’s ability to closely monitor progress and support o ur

efforts to keep stakeholders fully informed .”

Prior to Sonal, Mr. Moss held a range of senior technical management and advisory positions with the

Rio Tinto Copper group with a focus on underground mining. Mr . Moss is a Chartered Engineer (UK), a

registered Eur. Ing (EU) and an adjunct professor at the University of British Columbia teaching caving

practices.

ABOUT ENTRÉE RESOURCES LTD.

Entrée Resources Ltd. is a well-funded Canadian mining company with a uniq ue 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. Sandstorm Gold, Rio Tinto and Turquoise Hill Resources are

major shareholders of Entrée, holding approximately 25%, 9% and 7% 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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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 meaning of applicable Canadian securities laws with respect to corporate strategies and plans; timing

and status of Oyu Tolgoi underground development; the Panel 1 design optimization study and the possible outcomes, content and timing thereof;

the potential impact of COVID -19 on Oyu Tolgoi underground development and the Company’s business, operations and financial condition; the

expected timing of first development production from the Entrée/Oyu Tolgoi joint venture property , potential production delays and the impact

of any delays on the Company’s cash flows, expected copper , gold and silver grades, liquidity, funding requirements and planning ; anticipated

business activities; and future financial performance.

In certain cases, forward -looking statements and information 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 p resent and

future business strategies, the correct interpretation of agreements, laws and regulations; local and global economic conditions and negotiations

and the environment in which Entrée will operate in the future, including commodity prices, projected grades, projected dilut ion, anticipated

capital and operating costs, and anticipated future production and cash flows; the anticipated location of certain infrastructure and sequence o f

mining within and across panel boundaries; the construction and continued development of the Oyu Tolgoi underground mine; the status of

Entrée’s relationship and interaction with the Government of Mongolia, Oyu Tolgoi LLC (“OTLLC”), Rio Tinto and Turquoise Hill Resources; and the

Company’s ability to operate sustainably, its community relations and its social licence to operate.

With respect to the construction and continued development of the Oyu Tolgoi underground mine, important risks, uncertainties and factors which

could cause actual results to differ materially from future results expressed or implied by such forward-looking statements and information include,

amongst others, the nature of the ongoing relationship and interaction between OTLLC, Turquoise Hill Resources and Rio Tinto and the Government

of Mongolia with respect to the continued operation and development of Oyu To lgoi following the implementation of the comprehensive

agreement with the Government of Mongolia along with the implementation of Resolution 103; the continuation of Panel 0 undercutting in

accordance with the mine plan and design; actual timing of first s ustainable production from Panel 0 as well as the lifting of restrictions by the

Government of Mongolia on the ability of OTLLC to incur additional indebtedness; the amount of any future funding gap to comp lete the Oyu

Tolgoi project; liquidity, Oyu Tolgoi project funding sources and Oyu Tolgoi project funding requirements; the implementation and successful

execution of the funding plan between Turquoise Hill Resources and Rio Tinto to address Turquoise Hill Resources’ estimated incremental funding

requirements to complete the Oyu Tolgoi project and potential delays in the ability of Turquoise Hill Resources or OTLLC to proceed with the

funding elements contemplated by the funding plan; the timing and cost of the construction and expansion of mining and processing facilities; the

ability of OTLLC or the Government of Mongolia to deliver a domestic power source for Oyu Tolgoi (or the availability of financing for OTLLC or the

Government of Mongolia to construct such a source) within the required contractual ti meframe; sources of interim power; OTLLC’s ability to

operate sustainably, its community relations, and its social licence to operate in Mongolia; the potential impact of COVID -19, including any

restrictions imposed by health and governmental authorities r elating thereto; the impact of changes in, changes in interpretation to or changes

in enforcement of, laws, regulations and government practises in Mongolia; delays, and the costs which would result from dela ys, in the

development of the underground mine; the anticipated location of certain infrastructure and sequence of mining within and across panel

boundaries; projected commodity prices and their market demand; and production estimates and the anticipated yearly productio n of copper,

gold and silver at the Oyu Tolgoi underground mine.

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 sta tements and information include, amongst others,

unanticipated costs, expenses or liabilities; discrepancies between actual and estimated production, mineral reserves and res ources and

metallurgical recoveries; development plans for processing resources; matters relating to proposed exploration or expansion; mining operational

and development risks, including geotechnical risks and ground conditions; regulatory restrictions (including environmental regulatory restrictions

and liability); risks related to international operations, including legal and political risk in Mongolia; risks related to the potential impact of global

or national health concerns, including the COVID -19 pandemic; risks associated with changes in the attitudes of governments to foreign

investment; risks associated with the conduct of joint ventures; inability to upgrade Inferred mineral resources to Indicated or Measured mineral

resources; inability to convert mineral resources to mineral reserves; conclusions of economic evaluations; flu ctuations in commodity prices and

demand; changing foreign exchange rates; the speculative nature of mineral exploration; the global economic climate; dilution ; share price

volatility; activities, actions or assessments by Rio Tinto, Turquoise Hill Resources or OTLLC and by government authorities including the

Government of Mongolia; the availability of funding on reasonable terms; the impact of changes in interpretation to or change s in enforcement

of laws, regulations and government practices, including laws, regulations and government practices with respect to mining, foreign investment,

royalties and taxation; the terms and timing of obtaining necessary environmental and other government approvals, consents an d permits; the

availability and cost of neces sary items such as water, skilled labour, transportation and appropriate smelting and refining arrangements;

unanticipated reclamation expenses; changes to assumptions as to the availability of electrical power, and the power rates used in operating cost

estimates and financial analyses; changes to assumptions as to salvage values; ability to maintain the social licence to opera te; accidents, labour

disputes and other risks of the mining industry; global climate change; global conflicts; title disputes; lim itations on insurance coverage;

competition; loss of key employees; cyber security incidents; misjudgements in the course of preparing forward -looking statements; and those

factors discussed in the Company’s most recently filed MD&A and in the Company’s An nual Information Form for the financial year ended

December 31, 202 1, dated March 25, 2022 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 f rom those described

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

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.