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RooGold Closes Property Acquisition

Mergers & Acquisitions

ROOGOLD CLOSES PROPERTY ACQUISITION

Toronto, ON – November 3 , 2022 – (CSE: ROO) (OTC: JNCCF) (Frankfurt: 5VHA) –

RooGold Inc. ("RooGold" or the "Issuer").

Further to its September 30, 2021 news release, RooGold is pleased to announce , with

Australian regulatory clearance obtained, the final closing of the definitive Share Exchange

Agreement with Aussie Precious Metals Corp. (“ APMC”) in which RooGold has effectively

acquired a 100% interest in APMC’s Trilby and Lorne properties (“Properties”) in New South

Wales (NSW) Australia. The Issuer issued four million (4,000,000) common shares (the

“Purchase Shares”) to the shareholders (“Shareholders”) of APMC in exchange for all of the

issued and outstanding shares of APMC with the Propert ies held in APMC’s wholly owned

Australian subsidiary. The Purchase Shares have now been released from escrow subject to

voluntary undertakings as to when such Purchase Shares may be traded.

About RooGold Inc.

ROOGOLD is a Canadian based junior venture m ineral exploration issuer 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

properties 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 13 high -grade potential gold (9) and silver (4) concessions covering

1,380 km2 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 Issuer 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.