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LGHT.CN ·

NR - Company Announces Frankfurt Listing

Listings & Exchange

#1000 – 409 Granville Street

Vancouver, BC, Canada, V6C 1T2

604-602-0001

Alerio Gold Corp. Announces Listing on Frankfurt Stock Exchange

Vancouver, British Columbia - November 22, 2021, Alerio Gold Corp. (ALE.C) announces that the

Company's shares have been accepted for listing and have commenced trading on the Frankfurt

Stock Exchange ("FSE") under the symbol "3FRO", with a WKN number of A3C6XZ.

The Company's common shares are now cross -listed on the Ca nadian Securities Exchange and

the FSE. The FSE is one of the world's leading international stock exchanges by revenue,

profitability, and market capitalization and is the largest of Germany's stock exchanges.

"Our listing on the Frankfurt Stock Exchange is an exciting milestone for the Company. This allows

us more direct exposure to our European contacts making it easier for those along with new

investors to participate in our growth.”, states Jonathan Challis, CEO.

About Alerio Gold Corp.

Alerio Gold Corp. is a mineral exploration and development company in the business of acquiring,

exploring, and developing natural resource properties, with a focus in Guyana, SA. The company

currently has a 100% interest in two gold projects, the Tassawinni and Harpy properties, located

in Guyana.

Tassawinni, Previous expenditures of $34 mil, resulting in infrastructure that includes a camp,

airstrip and barge docking facility as well as a historic, (SRK 2010), resource of 499,000 ozs, with

significant exploration potential along with a license to mine.

Harpy, early- stage exploration project that borders the Aurora deposit of Guyana Goldfields,

recently purchased by Zijin for $323 mil.

ON BEHALF OF THE BOARD OF DIRECTORS

“Jonathan Challis”

Jonathan Challis, CEO

For further information, please contact:

Geoff Balderson

Chief Financial Officer, Secretary, and Director

Telephone: 604-602-0001

Email: [email protected]

Forward-Looking Information

This press release contains forward-looking statements. Forward-looking statements can be identified

by the use of words such as, “anticipates”, “expects”, “is expected”, “intends”, “believes”, or variations of

such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur

or be achieved. Forward-looking statements include those relating to the acquisition by Project One of

all of the Properties and the corresponding issuance of the Consideration Shares, the satisfaction of

necessary terms and conditions of the Definitive Agreement to complete the Acquisition, and the

ownership of the Properties via power of attorney.

Forward-looking statements are not a guarantee of future performance and are based upon a number

of estimates and assumptions of management in light of management’s experience and perception of

trends, current conditions and expected developments, including assumptions related to the ability of

both companies to successfully complete all the conditions precedent under the Definitive Agreement

and the companies receiving all necessary future approvals and permits. Actual results, performance

or achievement could differ materially from that expressed in, or implied by, any forward-looking

statements in this press release, and, accordingly, undue reliance should not be placed on any such

forward-looking statements, and they are not guarantees of future results. Forward-looking statements

involve significant risks, assumptions, uncertainties and other factors that may cause actual future

results or anticipated events to differ materially from those expressed or implied in any forward-

looking statements. Except as required by law, Project One undertakes no obligation to publicly update

any forward-looking statements, whether as a result of new information, future events or otherwise.

The CSE nor its market regulator does not accept responsibility for the adequacy or

accuracy of this news release. The CSE has in no way passed upon the merits of the

proposed Transaction and has neither approved nor disapproved the contents of this news

release