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MT.V ·

ML GOLD to Change NAME to M3 Metals

Corporate Actions

Suite 2000 – 1177 West Hastings St

Vancouver, BC Canada V6E 2K3

T: 604-669-2279 / F: 604-602-1606

[email protected]

July 22th, 2019

ML GOLD TO CHANGE NAME TO M3 METALS

Vancouver, BC, July 22, 2019 – ML Gold Corp. (TSX -V: MLG; FSE: XOVN.F) (“ML Gold” or the

“Company”) is pleased to announce it will seek TSX Venture Exchange approval to change the name of

the Company to M3 Metals Corp. which better reflects the Company’s diversified portfolio.

Kosta Tsoutsis, CEO of the Company stated “ We are excited to move forward with our massive , one-

hundred percent owned, iron ore project in eastern Canada which has been significantly de -risked and

seen over $35 million put into the ground. We believe the name M3 Metals will better reflect our focus

on this valuble asset while still allowing us to continue moving the other projects in our portfolio

forward.”

In accordance with current TSX -V policies, shareholder approval will not be required for the proposed

name change. The name change has been approved by the Company’s board of directors. The effective

date of the name change will be disclosed in a subsequent news release.

ABOUT ML GOLD CORP.

ML Gold Corp. is a Canadian listed Company, focused on creating shareholder value through discoveries

and strategic development of mineral properties in North America.

ML GOLD CORP.

“Adrian Smith”

Adrian Smith

President

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.

This news release may contain certain “Forward -Looking Statements” within the meaning of the United States Private Securities

Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news rel ease, the words

“anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expression s

identify forward -looking statements or information. These forward -looking statements or information may relate t o future

prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government

requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastru cture,

currency risks including the exchange rate of US$ for CDN$, changes in exploration costs and government royalties or taxes in

Canada, the United States or other jurisdictions and other factors or information. Such statements represent the Company’s

current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while

considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and so cial

risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or

achievements to be materially different from the results, performance or achievements that are or may be expressed or implied

Suite 2000 – 1177 West Hastings St

Vancouver, BC Canada V6E 2K3

T: 604-669-2279 / F: 604-602-1606

[email protected]

by such forward -looking statements. The Company does not intend, and does not assume any obligation, to update these

forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events

affections such statements and information other than as required by applicable laws, rules and regulations.