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LORD.V ·

St. James GOLD Corp. (TSX-V: LORD) Receives Dtc Eligibility IN the

Listings & Exchange

ST. JAMES GOLD CORP. (TSX-V: LORD) RECEIVES DTC ELIGIBILITY IN THE

UNITED STATES

Vancouver, British Columbia, October 1st, 2021 - St. James Gold Corp. (the “Company”)

(TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that its US-based OTC

Markets listing under the symbol “LRDJF” has received confirmation from the Depository Trust

Company (“DTC”) that its common shares are now eligible for electronic clearing and settlement

through DTC in the United States.

St. James Gold Corp.’s CEO, George Drazenovic, welcomed this development. “Today’s

news is an important milestone towards broadening our market presence across the United States.

DTC eligibility allows current and prospective shareholders of St. James Gold a reliable, cost -

efficient, and timely method for the clearing and settlement of our common shares , and positions

US investors to participate in our Company’s exciting growth.”

The DTC is a subsidiary of The Depository Trust & Clearing Corporation that m anages the

electronic clearing and settlement of publicly traded companies in the United States. This

electronic method of clearing securities accelerates the settlement process for investors and

brokers, enabling securit ies to be traded over a much wider selection of brokerage firms in the

United States. DTC is a member of the U.S. Federal Reserve System, a limited -purpose trust

company under New York State banking law and a registered clearing agency with the U.S.

Securities and Exchange Commission.

About St. James Gold Corp.

St. James Gold Corp. is a publicly traded company listed on the TSX Venture Exchange under the

trading symbol “LORD”, in the U.S. Market listed on OTCQB under "LRDJF" and on the

Frankfurt Stock Exchange under “BVU3”. The Company is focused on creating shareholder value

through the discovery and development of economic mineral deposits by acquiring prospective

exploration projects with well-delineated geological theories; integrating all available geological,

geochemical, and geop hysical datasets; and financing efficient exploration programs. The

Company currently holds: (i) an option to acquire a 100 -per-cent interest in 29 claims, covering

1,791 acres, in the Gander gold district in north -central Newfoundland located adjacent to New

Found Gold Corp.'s Queensway North project; and (ii) an option to acquire a 100-per-cent interest

in 28 claims, covering 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's

Valentine Lake property; and (iii) an option to acquire up to an 85-per-cent interest in the Florin

Gold Project, covering nearly 22,000 contiguous acres in the historical Tintina gold belt in the

Yukon.

For more corporate information please visit: https://stjamesgold.com/

For further information, please contact:

George Drazenovic, Chief Executive Officer

Tel: 1 (800) 278-2152

Email: [email protected]

Forward Looking Statements

This news release contains forward -looking statements and forward -looking information within

the meaning of Canadian securities laws (collectively, “forward -looking statements”). Forward

looking statements in this news release relate to, among other things: completion of the Offering;

the timing and size of the Offering; the timing and receipt of approval from the TSXV for the

Offering; the expected use of the net proceeds of the Offering and all other statements that are not

historical facts, particularly statements that express, or involve discussions as to, expectations,

beliefs, plans, objectives, assumptions or future events or performance of the Company. Often, but

not always, forward-looking statements can be identified through the use of words or phrases such

as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”,

“believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and

“outlook”. Forward -looking statements con tained in this news release are made based on

reasonable estimates and assumptions made by management of the Company at the relevant time

in light of its experience and perception of historical trends, current conditions and expected future

developments, as well as other factors that are believed to be appropriate and reasonable in the

circumstances. Forward-looking statements contained in this news release are made as of the date

of this news release and the Company will not update any such forward -looking statements as a

result of new information or if management’s beliefs, estimates, assumptions or opinions change,

except as required by law. There can be no assurance that forward -looking statements will prove

to be accurate, as actual results and future events could differ materially from those anticipated in

such statements. Accordingly, the reader is cautioned not to place undue reliance on forward -

looking statements.

Forward-looking statements involve known and unknown risks, uncertainties, and other fa ctors,

many of which are beyond the Company’s control, which could cause actual results, performance,

achievements, and events to differ materially from those that are disclosed in or implied by such

forward-looking statements. Such risks and uncertainties include, but are not limited to, the impact

and progression of the COVID-19 pandemic and other factors outlined in the Company’s Annual

Information Form dated July 26, 2021 (the “AIF”) filed under the Company’s profile on SEDAR

at www.sedar.com. The Company cautions that the list of risk factors and uncertainties described

in its AIF on SEDAR are not exhaustive and other factors could materially affect its results.

New factors emerge from time to time, and it is not possible for the Company to consider al l of

them or assess the impact of each such factor or the extent to which any factor, or combination of

factors, may cause results to differ materially from those contained in any forward -looking

statement. Any forward-looking statements contained in this news release are expressly qualified

in their entirety by this cautionary statement.

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.