Nulegacy GOLD Reports Resignation of CFO

TSXV: NUG

NULEGACY GOLD REPORTS RESIGNATION OF CFO

For Immediate Release December 17, 2024

Reno, Nevada - NuLegacy Gold Corporation (the “Company”) reports the resignation of

its CFO and Corporate Secretary, Mr. Xavier Wenzel, effective December 17th, 2024.

ON BEHALF OF THE BOARD OF NULEGACY GOLD CORPORATION

Albert J. Matter, Chief Executive Officer & Cofounding Director

Email: [email protected]

For more information about NuLegacy visit: www.nulegacygold.com or

www.sedarplus.ca

Cautionary Statement on Forward -Looking Information: This news release contains forward-looking information

and statements under applicable securities laws, which information and/or statements relate to future events or future

performance. Readers are cautioned that such forward- looking information and statements are neither promises nor

guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those

expected including, but not limited to, market conditions, availability of financing, actual results of exploration activities

and drilling, unanticipated geological, stratigraphic and structural formations, misinterpretation or incorrect analysis of

projected geological structures, alterations and mineralization, environmental risks, operating risks, adverse weather

conditions, accidents, labour issues, delays in obtaining governmental approvals and permits, inability to secure drilling

equipment and/or contractors on a timely basis or at all, delays in receipt of assay results from third party laboratories,

inflation, future prices for gold, changes in personnel and other risks in the mining industry.. Furthermore, there are no

known mineral resources or reserves in the Red Hill Property and the presence of gold resources on properties adjacent

or near the Red Hill Property including the Goldrush deposit is not necessarily indicative of the gold mineral ization on

the Red Hill Property. Future exploration programs on the Red Hill Property, if any, will be exploratory searches for ore.

There is also uncertainty surrounding elevated inflation and high interest rates, the ongoing war in Ukraine and conflict

in Gaza and surrounding regions and the continued spread and severity of COVID -19, and the impact they will have

on the NuLegacy’s operations, personnel, supply chains, ability to raise capital, access properties or procure

exploration equipment, supplies, contractors, and other personnel on a timely basis or at all and economic activi ty in

general. All the forward-looking information and statements made in this news release are qualified by these cautionary

statements and those in our continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. The forward-

looking information and statements in this news release are made as of the date hereof and the Company does not

assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable

law. Accordingly, readers should not place undue reliance on forward-looking information and statements.

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.