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FVL.TO ·

Results of the Annual General Meeting

Shareholder Meetings

16411726.2 1

For Immediate Release wwwww.freegoldventures.com

Results of the Annual General Meeting

June 30, 2023 (Vancouver, BC) -- Freegold Ventures Limited (TSX: FVL, Frankfurt: FR 4N, OTCQX:FGOVF) ("Freegold"

or the “Company”) is pleased to provide the results of the 202 3 Annual General Meeting of Shareholders held on June

30, 2023 (the “Meeting”) and announces that all matters set out in the Management Information Circular dated May 16,

2023 (the “ Circular”) were ap proved by the sharehold ers of the Company. A total of 74,840,493 shares were voted

representing approximately 17.84% of the outstanding shares of the Company.

The following nine nominees were elected as directors of Freegold. The detailed r esults of the v ote for th e election of

directors are set out below:

Nominee # of Votes

For

% of Votes

For

# of Votes

Withheld

% of Votes

Withheld

Ron Ewing 73,237,797 98.65 1,002,694 1.35

Kristina Walcott 72,096,775 97.11 2,143,716 2.89

Alvin Jackson 72,969,293 98.29 1,271,198 1.71

David Knight 57,848,875 77.92 16,391,616 22.08

Garnet Dawson 58,840,992 79.26 15,399,499 20.74

Glen Dickson 58,304,455 78.53 15,936,036 21.47

Reagan Glazier 59,576,855 80.25 14,663,636 19.75

Maurice Tagami 74,120,365 99.84 120,126 0.16

Vivienne Artz 72,575,880 97.76 1,664,611 2.24

At the Meeting, the Company’s sha reholders also approved the appointment of Davidson & Company LLP , Chartered

Professional Accountants as the auditors of the Company for the ensuing year.

Each of the matters voted upon a t the Meeting is discussed in deta il in the Circular, which is filed under th e 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 wel l as the Shorty Creek Copper –Gold Project near Livengood. Drilling remains ongoing at

Golden Summit.

For further information:

Kristina Walcott-President and CEO

Telephone: 1.604.662.7307

[email protected]

Some statements in th is news release contain forward-looking information, including without limitation statements as to

planned expenditures and exploration programs. These statements address f uture events and conditions and, as such,

involve known and unknown risks, uncertain ties and other factors which may cause the actu al results, performance or

achievements to be materially diffe rent from any future results, performance or achievements expre ssed or implied by the

statements. Such factors include without limitation the compl etion of planned expend itures, the abi lity to c omplete

exploration programs on schedule and the success of ex ploration programs. See Freegold’s Annual Information Form for

the year ended December 31st, 2022 filed under Freegold’s profile at www.sedar.com f or a detailed discussion of the risk

factors associated with Freegold’s operations.