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OMG NEWS RELEASE 1 Omai Announces Grant of Stock Options to a New Officer and Consultants

Share Capital & Compensation

OMG NEWS RELEASE 1

Omai Announces Grant of Stock Options to a New

Officer and Consultants

TORONTO, Ontario, September 3, 2021 — Omai Gold Min es Corp. (TSX.V: OMG) announces that,

pursuant to its management transition, it has grant ed 1,650,000 incentive stock options to a new

officer, employee and consultants. The incentive s tock options have an exercise price of $0.13 per

share for a five-year term expiring September 3, 2026.

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.

About Omai Gold Mines Corp.

Omai Gold Mines Corp., through its wholly owned sub sidiary Avalon Gold Exploration Inc., holds a

100% interest in the Omai Prospecting License covering 4,590 acres, that includes the past producing

Omai gold mine. Once South America’s largest producing gold mine, Omai produced over 3.7 million

ounces of gold between 1993 and 2005. Mining cease d at a time when the average gold price was

less than US$400 per ounce, leaving significant dri lled resources untapped. The Company’s short-

term priorities are to verify and expand the known resources, while advancing exploration on nearby

targets, providing a solid opportunity to create significant value for all stakeholders.

For further information, please see our website www.omaigoldmines.com or contact:

Elaine Ellingham

Interim CEO and Director

[email protected]

[email protected]

Phone: +1-416 473-5351