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Lundin GOLD to Present at Town Hall Meeting ON

Marketing Announcement

NEWS RELEASE

Vancouver, November 10, 2022

Lundin Gold Inc. 885 West Georgia Street, Suite 2000 Phone: +1 604 689 7842 lundingold.com

Vancouver, BC, V6C 3E8 Fax: +1 604 689 4250 Email: [email protected]

LUNDIN GOLD TO PRESENT AT TOWN HALL MEETING ON NOVEMBER 14, 2022

Lundin Gold Inc. (TSX: LUG ; Nasdaq Stockholm: LUG ; OTCQX:LUGDF) ("Lundin Gold" or the "Company") is

pleased to announce that Ron Hochstein, President and CEO, will be presenting at a Town Hall meeting at the

World Trade Centre in Stockholm (Klarabergsviadukten 70 - room “Atlanta”) on Monday, November 14, 2022 at

6:00 pm CET.

Lundin Gold announced its third quarter of 2022 results on November 8 , 2022, with key highlights including

production of 121,635 ounces (“oz”) of gold and all -in sustaining cost ("AISC") 1 of $807 per oz sold, putting the

Company firmly on track to meet the upper end of its production guidance of 430,000 to 460,000 oz and lower

end of or slightly below its AISC 1 guidance of $820 to $870 per oz sold. During his presentation, Mr. Hochstein

will review the 2022 results, touch upon the inaugural dividend of US$0.20 per share that was paid in September

2022, and discuss future opportunities and the Company’s capital management strategy.

To attend the event please RSVP to [email protected].

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador.

Fruta del Norte is among the highest-grade operating gold mines in the world.

The Company's board and management team have extensive expertise in mine operations and are dedicated to

operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with

international best practices. Lundin Gold is commi tted to delivering value to its shareholders, while

simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe

workplace and minimizing the environmental impact. The Company believes that the value created through the

development of Fruta del Norte will benefit its shareholders, the Government and the citizens of Ecuador.

Additional Information

This information was publicly communicated on November 10, 2022 at 6:00 a.m. Pacific Time through the contact

persons set out below.

For more information, please contact

Ron F. Hochstein Finlay Heppenstall

President and CEO Director, Investor Relations

Tel (Ecuador): +593 2-299-6400 Tel: +1 604-806-3089

Tel (Canada): +1 604-806-3589 [email protected]

[email protected]

1 Certain additional disclosures for these specified financial measures have been incorporated by reference and can be found on pages 13

to 16 of the Company's MD&A for the three and nine months ended September 30, 2022 available on SEDAR.