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JG.V ·

Japan Gold Strengthens Board of Advisors and Management Team

Management Changes

TSX-V: JG

OTCQB: JGLDF

Suite 650 – 669 Howe Street, Vancouver, BC V6C 0B4 Canada

Phone: +1 778-725-1491

www.japangold.com

News Release

Japan Gold Strengthens Board of Advisors and Management Team

November 22nd, 2021 – Vancouver, BC – Japan Gold Corp. (TSX-V: JG) (OTCQB: JGLDF) (“Japan Gold” or the

“Company”) is pleased to announce the appointment of Mr. Toru Tokuhisa to the Board of Advisors and Mr. Yoshio

Nojima as the General Manager of Business Administration.

Mr. Toru Tokuhisa

Mr. Tokuhisa worked with the Japan Bank for International Cooperation (JBIC - former Export-Import Bank of Japan) for

30 years and provided various types of financing to overseas projects including project financing to various mining and

oil/gas development projects, one of which was the US$1billion limited recourse finance for the development of the Batu

Hijau Copper-Gold Project in Indonesia sponsored by Newmont and Sumitomo Corporation. After leaving JBIC as Resident

Executive Director for the Americas in 2006, he became involved and led the financing and M&A activities in various

mining projects in which Sumitomo Corporation participated for fifteen years, including the management and government

relations of the Batu-Hijau Project and subsequent sale of its total interest to a local investor, acquisition of an interest in

the Yanacocha Gold Project in Peru, and the US$2.5billion limited recourse finance for the development of Quebrada Blanca

Copper Project in Chile. He served as an Independent member of the Board of Directors of Mitsui E&S Holdings Co., Ltd.

(formerly Mitsui Engineering & Shipbuilding Co., Ltd.) from 2013 to 2020 and supervised the activities of its executive

officers and board of directors to improve corporate governance and increase corporate value.

Mr. Yoshio Nojima

Mr. Nojima worked for Sumitomo Corporation for 40 years specializing in mineral resources and investment. He has worked

in Tokyo, London, Singapore, Hong Kong, and Latin America; where he managed mining/subsidiary companies in Bolivia,

Colombia, and Ecuador. In the Tokyo Head Office of Sumitomo Corporation, Mr. Nojima was General Manager responsible

for investing in private equity globally.

John Proust, Chairman and CEO of Japan Gold, stated, “We are extremely pleased to welcome Mr. Toru Tokuhisa and

Mr. Yoshio Nojima to our team. I am confident that their industry-wide experience and broad International and Japanese

networks will prove to be of great assistance to the Company as we continue to advance existing and future projects in

Japan.”

On behalf of the Board of Japan Gold Corp.

“John Proust”

Chairman & CEO

About Japan Gold Corp.

2

Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold exploration across the three largest

islands of Japan: Hokkaido, Honshu and Kyushu. The Company has a country- wide alliance with Barrick Gold

Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects. The Company holds

a portfolio of 31 gold projects which cover areas with known gold occurrences, a history of mining and are prospective for

high-grade epithermal gold mineralization. Japan Gold's leadership team represent decades of resource industry and

business experience, and the Company has recruited geologists, drillers and technical advisors with experience exploring

and operating in Japan. More information is available at www.japangold.com or by email at [email protected]

For further information please contact:

John Proust

Chairman & CEO

Phone: 778-725-1491

Email: [email protected]

Website: www.japangold.com

Cautionary Note

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

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-

looking statements relating to expected or anticipated future events and anticipated results related to future partn erships

and the Company's 2021 gold exploration program. These statements are forward- looking in nature and, as a result, are

subject to certain risks and uncertainties that include, but are not limited to, general economic, market and business

conditions; competition for qualified staff; the regulatory process and actions; technical issues; new legislation; potential

delays or changes in plans; working in a new political jurisdiction; results of exploration; the timing and granting of

prospecting rights; the Company's ability to execute and implement future plans, arrange or conclude a joint -venture or

partnership; and the occurrence of unexpected events. Actual results achieved may differ from the information provided

herein and, consequently, readers are advised not to place undue reliance on forward- looking information. The forward-

looking information contained herein speaks only as of the date of this News Release. The Company disclaims any intention

or obligation to update or revise forward‐looking information or to explain any material difference between such and

subsequent actual events, except as required by applicable laws.