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Galleon Gold Announces Retirement of COO

Management Changes

Galleon Gold Announces Retirement of COO

Toronto, Ontario--(Newsfile Corp. - August 23, 2021) - Galleon Gold Corp. (TSXV: GGO) (the

"Company" or "Galleon Gold") announces that Chris Dupont has advised the Company he is retiring

from all positions held with the Company. As a director and COO, Mr. Dupont made significant

contributions to the Company and its flagship West Cache Gold Project. David Russell commented: "On

behalf of the Board, I would like to thank Chris for his dedication to the Company, and to Explor

Resources over the past decade. We wish him well as he starts his next phase."

About Galleon Gold

Galleon Gold is a North American exploration and development company. Eric Sprott holds

approximately 23% of the Company's outstanding common shares and is also the Company's partner on

the Neal Gold Project in Idaho. A Preliminary Economic Assessment is currently underway for the

Company's flagship project, the West Cache Gold Project, located 13 km from Timmins, Ontario.

For further information:

Galleon Gold

R. David Russell

Chairman and CEO

T. (416) 644-0066

[email protected]

www.galleongold.com

Forward-Looking Statements

Some of the statements contained herein may be forward-looking statements which involve known and

unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and

resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking

statements that involve various risks. The following are important factors that could cause Galleon Gold's

actual results to differ materially from those expressed or implied by such forward-looking statements:

changes in the world-wide price of mineral commodities, general market conditions, risks inherent in

mineral exploration, risks associated with development, construction and mining operations, the

uncertainty of future exploration activities and cash flows, risks related to infectious diseases, including

Covid-19, and the uncertainty of access to additional capital. There can be no assurance that forward-

looking statements will prove to be accurate as actual results and future events may differ materially from

those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-

looking statements if circumstances or management's estimates or opinions should change. The reader

is cautioned not to place undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/94129

.