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MANU.V ·

Angold Files Final Base Shelf Prospectus

Financings

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November 26, 2021

ANGOLD FILES FINAL BASE SHELF PROSPECTUS

Vancouver, British Columbia, November 26, 2021 – Angold Resources Ltd.

(TSXV:AAU, FRA:13L, OTCQB:AAUGF) (“Angold” or the “Company”) is pleased to

announce that it has filed a final short form base shelf prospectus (the “Shelf Prospectus”)

with the securities regulatory authorities in each of the provinces of Canada, except

Québec.

Subject to securities regulatory requirements, the S helf Prospectus will provide for the

potential offering in Canada of up to an aggregate of C$25,000,000 of Angold’s common

shares, preferred shares, debt securities, warrants, subscription receipts and units from

time to time, separately or together, over a 25-month period of effectiveness. There is no

certainty that any securities will be offered or sold under the base shelf prospectus.

This Shelf Prospectus is being filed to give Angold the flexibility to take advantage of

financing opportunities at its discretion and when market conditions are favourable. The

terms of such future offerings, if any, will be established at the time of such offerings. At

the time any of the securities covered by the shelf prospectus are offered for sale, a

prospectus supplement containing specific information about the terms of any such

offering will be filed with applicable Canadian securities regulatory authorities.

A copy of the Shelf Prospectus can be found under the C ompany’s profile on

www.sedar.com.

About Angold

Angold is an exploration and development company targeting large- scale mineral

systems in the proven districts of the Maricunga, Nevada and Ontario. Angold owns a

100% interest in the Dorado, Cordillera and South Bay-Uchi projects, and certain claims

that append the optioned Iron Butte project.

ON BEHALF OF THE BOARD OF ANGOLD RESOURCES LTD.

“Adrian Rothwell”

Chief Executive Officer

Further information on Angold can be found on the Company ’s website at

www.angoldresources.com and at www.sedar.com, or by contacting the Company by

email at [email protected] or by telephone at (855) 917 4091.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy,

nor shall there be any sale of these securities in any jurisdiction in which an offer,

solicitation or sale would be unlawful prior to registration or qualifications under the

securities laws of any such jurisdiction.

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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.

Forward Looking Statements: This news release contains forward-looking statements and forward -looking information within the

meaning of applicable securities laws. These statements relate to future events or future performance and includes expectations of

the resumption of trading of the Company’s common shares on the Exchange. All statements other than statements of historical fact

may be forward-looking statements or information. Forward- looking statements and information are often, but not always, identified

by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, “expect”, “may”, “will”, “project”,

“predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “would” and similar expressions. Forward- looking

statements and information are provided for the purpose of providing information about the current expectations and plans of

management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not

be appropriate for other purposes, such as making investment decisions. Since forward- looking statements and information address

future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially

from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the

forward-looking statements, timelines and information contained in this news release.