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RGLD.CN ·

Red Lake Gold Inc. - Grant of Stock Options

Share Capital & Compensation

Red Lake Gold Inc. - Grant of Stock Options

Vancouver, British Columbia, June 3, 2021 – Red Lake Gold Inc. (CSE: RGLD)(“Red Lake Gold” or

the "Corporation") announces that it has granted an aggregate of 800,000 incentive stock

options, having an exercise price of $0.25 each, to certain officers, directors and consultants of

the Corporation. The incentive stock options shall vest immediately, are exercisable for a period

of 60 months and are subject to the policies of the Canadian Securities Exchange and the terms

of the Corporation’s stock option plan.

On Behalf of the Board of Directors

Ryan Kalt

Chairman & Chief Executive Officer

Email: [email protected]

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address

future events and conditions and therefore, involve inherent risks and uncertainties. Actual

results may differ materially from those currently expected or forecast in such statements.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of

the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.