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LG.V ·

Lahontan GOLD Announces Listing ON the OTCQB Venture Market

Listings & Exchange

217 Queen Street West, Suite 401, Toronto, ON M5V 0R2 www.lahontangoldcorp.com

NEWS RELEASE TSX.V LG, OTCQB LGCXF

LAHONTAN GOLD ANNOUNCES LISTING ON THE OTCQB

VENTURE MARKET

Toronto, Ontario – July 25, 2022 – Lahontan Gold Corp. (TSX.V: LG, QTCQB: LGCXF)

(the “Company” or “Lahontan”) is pleased to announce that Lahontan has been approved by

OTC Markets Group Inc. for trading on the OTCQB Venture Market as of July 25, 2022

under the symbol “LGCXF”. The Company’s common shares will also continue to trade on

the TSX Venture Exchange under the symbol “LG”.

Lahontan’s listing on the OTCQB is anticipated to provide greater liquidity and a more

seamless trading experience for our U.S. shareholders. With enhanced reporting

requirements and the greater transparency required with a OTCQB listing, the listing also

provides exemptions from U.S. state securities laws or “blue sky” exemptions which may

help to further increase liquidity and expand investment advisors’ ability to research and

recommend investment in Lahontan Gold.

Kimberly Ann, CEO, President, Director, and Founder of Lahontan Gold Corp commented: “With

Lahontan on target for our maiden resource at our flagship Santa Fe Project, having our new listing

on the OTCQB Venture Market will broaden our reach, making it easier for U.S. based retail

and institutional investors to buy and sell our securities. As a Nevada focused gold and silver

exploration company, we want to make it as seamless as possible for investors within the

U.S. to participate in the upside potential of Lahontan . This enhanced listing will play a

pivotal role in that process.”

About Lahontan Gold Corp:

Lahontan Gold Corp. is a Canadian mineral exploration company that holds, through its US

subsidiaries, three top-tier gold and silver exploration properties in the Walker Lane of mining

friendly Nevada. Lahontan’s flagship property, the 19 km2 Santa Fe Project, is a past producing

gold and silver mine with excellent potential to host significant gold and silver resources (past

production of 375,000 ounces of gold and 710,000 ounces of silver betwe en 1988 and 1992;

Nevada Bureau of Mines and Geology, 1996). Modeling of over 110,000 metres of historic drilling,

geologic mapping, and geochemical sampling outline both shallow, oxidized gold and silver

mineralization as well as deeper high grade potential resources. The Company is continuing its

aggressive drilling program with the goal of publishing a National Instrument 43-101 (“NI 43-

101”) compliant mineral resource estimate in 2022. For more information, please visit our website:

www.lahontangoldcorp.com

217 Queen Street West, Suite 401, Toronto, ON M5V 0R2 www.lahontangoldcorp.com

All scientific and technical information in this press release has been reviewed and approved by

Quentin J. Browne, P.Geo., Consulting Geologist to Lahontan Gold Corp., who is a qualified

person under the definitions established by National Instrument 43-101.

On behalf of the Board of Directors

Kimberly Ann

Founder, Chief Executive Officer, President, and Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lahontan Gold Corp.

Kimberly Ann

Founder, Chief Executive Officer, President, Director

Phone: 1-530-414-4400

Email:

[email protected]

Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither 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.

Except for statements of historic fact, this news release contains certain "forward-looking information" within the

meaning of applicable securities law. Forward-looking information is frequently characterized by words such as

"plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that

certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and

estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors

that could cause actual events or results to differ materially from those anticipated in the forward-looking statements

including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There

are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. The

Company undertakes no obligation to update forward-looking information if circumstances or management's

estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance

on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial

results is contained in the Company’s filings with Canadian securities regulators, which filings are available at

www.sedar.com