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RooGold Announces Corporate Changes

Corporate Updates

82 Richmond St. E., Toronto, Ontario M5C 1P1

ROOGOLD ANNOUNCES CORPORATE CHANGES

TORONTO, ON – November 28, 2022 – (CSE: ROO) (OTC: JNCCF) (Frankfurt: 5VHA) – RooGold Inc.

("RooGold" or the "Company") is pleased to report that Vishal Gupta, M.Sc., P. Geo, has been appointed

interim President & CEO of the Company . Mr. Gupta is a P. Geo. registered with the Professional

Geoscientists of Ontario, who brings considerable mining industry expertise and public markets experience

to RooGold. He currently serves as the President and CEO of Caprock Mining Corp., a CSE -listed gold

exploration company focused on projects in Ontario, Canada. Prior to joining Caprock, Mr. Gupta served

as the President and CEO of California Gold Mining Inc., an advanced -stage gold explora tion company

also listed on the CSE.

Previously, he worked as an equity research analyst and investment banker covering the mining sector for

a number of Toronto -based financial institutions including Desjardins Securities, Cormark Securities,

Dundee Capital Markets, Fraser Mackenzie and Global Financial. During his tenure in capital markets, Mr.

Gupta performed independent technical due diligence, M&A advisory and comprehensive valuation

analysis on a wide variety of resource projects across the United States, Canada, Mexico, Brazil, Argentina,

Chile, and Nicaragua.

Mr. Gupta holds a Master of Science degree in Geology from the University of Toronto, and started his

career as an exploration geologist for junior resource companies where he was involved in the planning,

preparation, execution and reconciliation of exploration programs.

Mr. Gupta stated, “I look forward to assisting RooGol d in achieving its corporate objectives during this

delicate phase of its life cycle. Management’s top priority is to str eamline operations and generate

meaningful geological progress on the Company’s vast property portfolio in Australia. The Company’s

Board of Directors will continue its search for a permanent President & CEO who will lead RooGold

towards generating long-term incremental shareholder value.”

Carlos Espinosa has resigned from his position as CEO of the Company to pursue other opportunities.

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RooGold is also pleased to report that Kym Revington, BSc (Hons), MSc, MAIG, has been appointed as

Country Manager (Australia) of RooGold. Mr. Revington is a New South Wales (Australia) based geologist

with over 20 years’ experience in the mining and exploration industry, and ha s worked across a diverse

range of commodities and deposit styles, specialising in gold exploration. He is a discovery-driven

exploration geologist with experience leading teams at various stages of project development.

Mr. Revington ’s career has ranged f rom greenfields exploration, to discovery and delivery of JORC

compliant resources as well as near and in-mine exploration, throughout Australia and Africa. He has been

involved in several discoveries including the Havana deposit, part of the world-class Tropicana gold project,

and he played a significant part in the discovery of the multi-million ounce Bibra gold deposit (Karlawinda

Project).

82 Richmond St. E., Toronto, Ontario M5C 1P1

After 10 years with Independence Group NL (ASX:IGO), where he held a senior role in IGO’s greenfields

target generation and project generation team, Mr. Revington has been providing consulting services to a

range of mineral exploration companies and generating highly prospective early-stage mineral exploration

projects throughout New South Wales.

By mutual agreement, Alexandra Bonner, who held the post of VP Exploration, has resigned from her

position with RooGold to pursue other opportunities. Management thanks Ms. Bonner for her important

assistance and stewardship of RooGold’s resource property acquisition and exploration activities in

Australia, and wishes her every success in her future endeavours.

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About RooGold Inc.

RooGold Inc. is a Canada-based junior venture mineral exploration company which is uniquely positioned

to be a dominant player in New South Wales, Australia, through a growth strategy focused on the

consolidation and exploration of high potential, mineralized precious metals prope rties in this prolific

region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd.

and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 1 3 high-grade potential

gold (9) and silver (4) concessions covering 1,380 km 2 which have 137 historic mines and prospects.

For further information please contact:

Ryan Bilodeau

(416) 910-1440

[email protected]

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law.

Forward-looking statements are 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.

Although the Company believes that the expectations reflected in applicable forward-looking statements are

reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking

statements are subject to risks and uncertainties that may cause actual results, performance or developments

to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.