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GMR.CN ·

Gelum Announces Listing on Canadian Securities Exchange

Listings & Exchange

GELUM RESOURCES LTD.

Suite 2710 – 200 Granville Street

Vancouver, BC, Canada, V6C 1S4

Ph. 604-484-1228

Fx. 604-408-7488

E: [email protected]

GELUM ANNOUNCES LISTING ON CANANDIAN SECURITIES

EXCHANGE

NR21-05 October 18, 2021

FOR IMMEDIATE RELEASE…Vancouver, BC – October 18, 2021 – Gelum Resources Ltd.

(the “Company” or “Gelum) Vancouver, B.C., is pleased to report that its common shares

commenced trading on the Canadian Securities Exchange (CSE) under the symbol GMR at the

opening of the market on October 18, 2021.

About Gelum Resources Ltd.

Gelum’s objective is the discovery of a multi -million oz. economic gold deposit in t he Bralorne-

Bridge River Gold District located some 190 kilometers north of Vancouver and 74 km northwest

of the town of Lillooet , B.C. This objective is made possible through the Company’s acquisition

of Eldorado, a series of 23 mineral claims with a total area of 7,359 hectares (18,000 acres) located

in the Bralorne-Bridge River Gold District, an area that has been actively explored at various times

since the late 1800s. There are nine historical past producers and significant prospects (Au, Hg and

W) located on or near the Eldorado property. From west to east these properties include Lucky

Jem, Robson, Northern Light 1 and 6, Lucky Strike, Silverquick, Tungsten King, Tungsten Queen

and Manitou.

The most recent significant and best‐documented exploration on the Project was in 2011 by GFE

Exploration Corporation (“GFE” or “Gold Fields”). In 2011 Gold Fields drilled 7 holes.

Upon r eview of past exploration programs including extensive soil sampling, geochem,

geophysics, and two drilling campaigns; the Company believes that the highest priority targets at

the Eldorado Project are yet to be developed.

For further information about Gelum, please contact:

David Smith or Marla Ritchie

Phone: 604 484-1228

Email: [email protected]

Forward-Looking Information:

This press release may include ‘forward -looking information’, within the meaning of Canadian securities legislation, about the

business of the Company. Forward -looking information is based on certain key expectations and assumptions made by the

Company’s management, including future plans for the Company. Although the Company believes that the expectations and

assumptions on which such forward-looking information is based are reasonable, investors should not unduly rely on the forward-

looking information because the Company cannot assure that it will prove to be correct. Forward-looking statements in this press

release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-

looking information, whether as a result of new information, future events or results or otherwise, other than as required by

applicable securities laws.