Kestrel Gold – Announces Amendment to Settlement of Debt

NEWS RELEASE

Kestrel Gold – Announces Amendment to Settlement of Debt

Calgary, AB, August 27, 2024: Kestrel Gold Inc. (“Kestrel” or the “Corporation”, TSX-V: KGC)

announces that further to its News Release dated August 15, 2024, the Corporation has entered

into a n amending agreement to the debt settlement agreement with Rob Solinger to settle

management fees which has been amended to the amount of $45,663 by the issuance of 1,522,100

Common Shares at a deemed price of $0.03 per Common Share.

About Kestrel Gold

Kestrel Gold Inc. is an exploration company headquartered in western Canada and focused on the

Canadian Cordillera. Kestrel owns both a 100% interest in the QCM Property which is an orogenic

gold target located in the Manson -Germanson placer district and i n the King Solomon’s Dome

Property which is an orogenic gold target located in the Yukon portion of the Tintina Gold Belt.

Kestrel is listed on the TSX Venture exchange under the symbol KGC. Readers are encouraged to

refer to the Corporation’s website “www.kestrelgold.com” for further information.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES

PROVIDER (as that term is defined in the policies of the TSX Venture Exchange) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information contact:

Pat Lynch, President and Chief Executive Officer

Office: (403) 660-3329

Email: [email protected]