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FNAU.CN ·

Stock Option Grant Announced

Share Capital & Compensation

FOUR NINES GOLD ANNOUNCES THE GRANT OF STOCK OPTIONS

March 20, 2024 – Vancouver, B.C. – Four Nines Gold Inc. (“Four Nines” or the “Company”) (CSE:FNAU)

(OTCQB:FNAUF) is pleased to announce that it has granted an aggregate of 1,160,000 stock options on

March 19, 2024 under the Company’s 10% rolling stock option plan approved by shareholders at the

Annual General Meeting held on December 6, 2023 . The options will be exercisable for five (5 ) years,

expiring on March 19, 2029, at a price of $0. 35 per share. The options will vest at 12.5% every three (3)

months for a period of two (2) years.

About Four Nines Gold Inc.

Four Nines Gold Inc. has the right to acquire 100% of the Hayden Hill Mine from a Kinross Gold USA Inc.

subsidiary. The Company is exploring and developing the project in mining -friendly Northern California.

Hayden Hill is a former producing mine with 99,8 62.42 meters of drilling in 742 holes and no systematic

property exploration since the mine closed in 1997. For more information, please get in touch with the

Company at [email protected] or visit our website at www.fourninesgold.ca for project updates and

related background information.

ON BEHALF OF THE BOARD OF DIRECTORS

FOUR NINES GOLD INC.

Charles Ross, President

1000 - 409 Granville Street

Vancouver, BC, V6C 1T2

Tel: 604.602.0001

Forward-looking statements

This press release contains forward -looking statements and forward -looking information within the meaning of

Canadian securities laws (collectively, “forward -looking statements”). Statements and information that are not

historical facts are forward -looking statements. Forward -looking statements are frequently, but not always,

identified by words such as “expects”, “antici pates”, “believes”, “intends”, “estimates”, “potential”, “possible” and

similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be

achieved. Forward-looking statements and the assumptions made in re spect thereof involve known and unknown

risks, uncertainties, and other factors beyond the Company’s control. Forward -looking statements in this press

release include statements regarding beliefs, plans, expectations, or intentions of the Company. Mineral exploration

is highly speculative and characterized by several significant risks, which even a combination of careful evaluation,

experience and knowledge may not eliminate. Forward -looking statements in this press release are made as of the

date herein. Although the Company believes that the assumptions and factors used in preparing the forward-looking

statements in this press release are reasonable, undue reliance should not be placed on such statements. The

Company undertakes no obligation to update publ icly or otherwise revise any forward-looking statements, whether

as a result of new information or future events or otherwise, except as may be required by law.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy

or accuracy of this news release.