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MGG.V ·

Minaurum Engages Digital Marketing Firm and Grants Options

Share Capital & Compensation Marketing Announcement

NEWS RELEASE

MINAURUM GOLD INC.

FOR RELEASE: April 7, 2021 TRADING SYMBOL: TSX.V:MGG

(MGG 2021 – NR #5)

Minaurum Engages Digital Marketing Firm and Grants Options

Minaurum Gold Inc. (“Minaurum”) (TSXV:MGG) (OTCQX:MMRGF) is pleased to announce it

has retained Digital257 Technologies Inc. (“ Digital257”) to provide digital media and capital

markets communications services to Minaurum. Digital257 is a digital marketing firm

specializing in investor audience growth and will assist with online communications with the goal

of increasing market awareness (the “Services”). In consideration for these services, Minaurum

has agreed to pay Dig ital257 a fee of CDN$64,000 for a six-month period. Digital257 does not

have any interest, directly or indirectly, in Minaurum or its securities or any right or intent to

acquire such an interest. The appointment of Digital257 is subject to TSX Venture Ex change

approval.

Minaurum also announces it has granted 3,825,000 common share stock options (the “Options”)

to directors, officers and consultants. The Option exercise price is set at an approximate 27%

premium to Minaurum’s April 6, 2021 closing share price. The Options are exercisable at a price

of $0.52 for a period of ten years from issue date. In addition, Minaurum has also granted

consultants 300,000 options exercisable at a price of $0.52 for a period of five years from the issue

date. All of the options will be vested as per the following schedule: 25% will vest after six

months, and another 25% each semi -annually. All of the options were granted pursuant to

Minaurum’s Stock Option Plan.

Minaurum Gold Inc. (MGG | TSX Venture Exchange; MMRGF | OTCQX; 78M Frankfurt)

is a Mexico-focused explorer concentrating on the high -grade Alamos Silver Project in southern

Sonora. With a property portfolio encompassing multiple additional district -scale projects,

Minaurum is managed by one of the strongest technical and finance teams operating in Mexico.

Minaurum's goal is to continue its founders' legacy of creating shareholder value by making

district-scale mineral discoveries and executing accretive mining transactions. For more

information, please visit our website at www.minaurum.com and our YouTube Minaurum Video

Channel.

ON BEHALF OF THE BOARD

“Darrell A. Rader”

Darrell A. Rader

President and CEO

For more information, please contact:

Sunny Pannu – Investor Relations and Corporate Development Manager

(778) 330 0994 or via email at [email protected]

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this

news release.

___________________________________________________________________________

2710 – 200 Granville Street Telephone 778 330-0994

Vancouver, BC V6C 1S4 www.minaurum.com

[email protected]

Cautionary Note Regarding Forward Looking Information: This news release contains "forward -looking

information" within the meaning of applicable Canadian securities legislation. "Forward -looking information"

includes, but is not limited to, statements with respect to activities, events or developments that the Company expects

or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements

can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",

"forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words

and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur"

or "be achieved" or the negative connotation thereof.

In making the forward -looking information in this release, Minaurum has applied certain factors and assumptions

that are based on Minaurum’s current beliefs as well as assumptions made by and information currently available to

Minaurum. Although Minaurum considers these assumptions to be reasonable based on information currently

available to it, they may prove to be incorrect, and the forward -looking information in this release are subject to

numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed

or implied in such forward-looking information.

Readers are cautioned not to place undue reliance on forward-looking information. Minaurum does not intend, and

expressly disclaims any intention or obligation to, update or revise any forward -looking information whether as a

result of new information, future events or otherwise, except as required by law.