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RDU.V ·

Radius Gold reports passing of friend and director, Bradford Cooke

Management Changes

news release

August 22, 2022

Radius Gold reports passing of friend and director, Bradford Cooke

Vancouver, British Columbia – Radius Gold Inc. (TSXV: RDU) regrets to report the loss of a key Director in

the passing of Bradford Cooke.

“Brad has been a member of the Radius Board for many years, and he will be dearly missed at a Board

level and as a friend,” states Simon Ridgway, founder and Chairman of Radius. “Brad’s energy and positive

outlook has been uplifting. I am truly shocked and saddened by the loss.”

“Brad has been a good friend and a great Director for Radius. I have always appreciated his help and

advice. As a geologist he was vastly experienced and technically strong and had an in-depth knowledge of

our core business and projects. It was a pleasure to meet and talk with Brad as he was always enthusiastic

and happy to advise and discuss geology,” states Bruce Smith, Radius President and CEO.

Everyone in the Radius team will mis s Bradford and we send our best wishe s and thoughts to his family

and friends.

Radius Gold Inc.

Radius has a portfolio of projects located in Mexico and Guatemala which it continues to advance, utilizing

partnerships where appropriate in order to retain the Company’s strong treasury. At the same time,

management is seeking out additional investment and project acquisition opportunities across the globe.

ON BEHALF OF THE BOARD

Bruce Smith

President and CEO

Symbol: TSXV-RDU

Contact: Bruce Smith

200 Burrard Street, Suite 650

Vancouver, BC V6C 3L6

Tel: 604-801-5432; Toll free 1-888-627-9378; Fax: 604-662-8829

Email: [email protected]

Website: www.radiusgold.com

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Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts

responsibility for the adequacy or accuracy of this release.

Forward-looking statements

Certain statements contained in this news release constitute forward -looking statements within the meaning of

Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-

looking statements and include, without limitation, statements about the Company’s activities . Often, but not

always, these forward looking statements can be identified by the use of words such as “estimate”, “estimates”,

“estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”,

“upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”, or

statements that events, “could” or “should” occur or be achieved and similar expressions, including negative

variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause

the ac tual results, performance or achievements of the Company to be materially different from any results,

performance or achievements expressed or implied by forward -looking statements. Such uncertainties and factors

include, among others, changes in general economic conditions and financ ial markets; the Company or any joint

venture partner not having the financial ability to meet its exploration and development goals; risks associated with

the results of exploration and development activities, estimation of mineral resources and the geolo gy, grade and

continuity of mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in

the Company’s quarterly and annual filings with securities regulators and available under the Company’s profile on

SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause

actual actions, events or results to differ materially from those described in forward-looking statements, there may

be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of

management, including but not limited to: that the Company’s stated goals and the planned exploration and

development activities at its properties will be achieved; that there will be no material adverse change affecting the

Company or its properties; and such other assumptions as set out herein. Forward-looking statements are made as

of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as

a result of new information, future events or results or otherwise, except as required by law. There can be no

assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ

materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on

forward-looking statements.