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FVL.TO ·

Resu lts of the Annual General and Special Meeting

Shareholder Meetings

16411726.2 1

For Immediate Release www.freegoldventures.com

Resu

lts of the Annual General and Special Meeting

June 29, 202 1 (Vancouver, BC) -- Freegold Ventures Limited (TSX: FVL, Frankfurt: FR 4N, OTCQX:FGO VF)

("Freegold" or the “Company”) is pleased to provide the results of the 2021 Annual General and Special Meeting

of Shareholders held on June 29, 2021 (the “Meeting”) and announces that all matters set out in the Management

Information Circular dated May 17, 2021 (the “Circular”) were ap proved by the shareholders of the Company. A

total of 84,214,729 shares were voted representing approximately 25.21 % of the outstanding shares of the

Company.

T

he following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election

of directors are set out below:

Nominee # of Votes

For

% of Votes

For

# of Votes

Withheld

% of Votes

Withheld

Ron Ewing 84,131,992 99.90 82,737 0.10

Kristina Walcott 79,807,397 94.77 4,407,332 5.23

Alvin Jackson 82,898,496 98.44 1,316,233 1.56

David Knight 83,211,809 98.81 1,002,920 1.19

Gary Moore 67,395,985 80.03 16,818,744 19.97

Garnet Dawson 69,226,159 82.20 14,988,570 17.80

Gregory Hanks 82,748,547 98.26 1,466,182 1.74

Glen Dickson 65,578,353 77.87 18,636,376 22.13

Reagan Glazier 83,663,138 99.35 551,591 0.65

A

t the Meeting, the C ompany’s sha reholders also approved the appointment of Davidson & Company LLP ,

Chartered Professional Accountants as the auditors of the Company for the ensuing year. Finally, t he resolution

approving all unallocated stock options, rights or ent itlements under the Company’s stock option plan as set out in

the Circular was approved by the Company’s shareholders.

E

ach of the matters voted upon at the Meeting is discussed in detail in the Circu lar, which is filed under the

Company’s profile at www.sedar.com.

About Freegold Ventures Limited

Freegold is a TSX listed company focused on exploration in Alaska and holds through leases the Golden Summit

Gold Project, near Fairbanks, as well as the Shorty Creek Copper –Gold Project near Livengood.

For further information:

Kristina Walcott-President and CEO

Telephone: 1.604.662.7307

[email protected]

Some statements in this news release contain f orward-looking information, including without limitation statements

as to planned expenditures and exploration programs. These statements address future events and conditions and,

as such, involve known and unknown risks, uncertainties and other factors wh ich may cause the actual results,

performance or achievements to be materially different from any future results, performance or achievements

expressed or im plied by the statements. Such factors include without limitation the completion of planned

expenditures, the abi lity to c omplete exploration programs on schedule and the success of exploration programs.

See Freegold’s Annual Information Form for the year ended December 31st, 2020 filed under Freegold’s profile at

www.sedar.com for a detailed discussion of the risk factors associated with Freegold’s operations.