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Ethos Gold Issues Stock Options

Share Capital & Compensation

Suite 1430 – 800 West Pender Street, Vancouver, BC V6C 2V6

Ethos Gold Issues Stock Options

Vancouver, BC – October 8, 2021, Ethos Gold Corp. (“Ethos” or the “ Company”) (TSXV: ECC;

OTCQB: ETHOF; Frankfurt: 1ET) announces that it has granted a total of 2,05 0,000 incentive stock

options to officers, directors and consultants of the Company, subject to TSX Venture Exchange

acceptance. Each option is exercisable to purchase one common share of the Company for five years

at a price of C$0. 26 per common share in accordance with the terms of the Company’s stock option

plan.

About Ethos Gold Corp.

Ethos Gold, a Discovery Group company, has accumulated a portfolio of district-scale projects in British

Columbia, Ontario, Quebec, and Newfoundland that have large scale discovery potential . The

Company has a s olid technical team led by Dr. Rob Carpenter, formerly the CEO of Kaminak Gold

Corporation, who led the Kaminak team from initial listing in 2005 through acquisition and discovery of

the multiple-million-ounce Coffee Gold Project. In Ethos, he has assembled a senior technical advisory

team with a strong record of discovery success and includes Dr. Robert Brozdowski, P.Geo., D an

MacNeil, M.Sc., P.Geo., Dr. Alan Wainwright, P.Geo, Jodie Gibson, M.Sc., P.Geo., and Dr. Quinton

Hennigh, an economic geologist with 25 years of exploration experience formerly with Homestake

Mining Company, Newcrest Mining and Newmont Mining Corp. Ethos is advancing its nine projects

throughout Canada under the stewardship of Vice President of Exploration, Jo Price, P.Geo., MBA,

with work programs underway this summer with dedicated teams on each project.

Ethos engages proactively with Indigenous rightsholders and seeks to develop relationships and

agreements that are mutually beneficial. The Company’s community relations efforts are led by

Michelle Tanguay who has over 25 years experience in indigenous and stakeholder engagement and

environmental program design and management.

With approximately C$ 8 million in working capital, Ethos i s well funded to advance its portfolio of

Canadian projects.

Ethos Gold Corp.

Per: “Alex Heath”

Alex Heath, CFA, President and CEO

For further information about Ethos Gold Corp . or this news release, please visit our website at

ethosgold.com or contact Alex Heath at 604-354-2491 or by email at [email protected].

Ethos Gold Corp . is a proud member of Discovery Group. For more information please visit:

discoverygroup.ca

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.