RGLD.CN · 2021-04-08 12:00:00

Red Lake Gold Inc. Announces Appointments

Management Changes

Vancouver, British Columbia, April 8, 2021 – Red Lake Gold Inc. (CSE: RGLD)(FWB:P11)(“Red Lake

Gold” or the "Corporation") is pleased to announce the appointment of Nicholas Koo, CPA, CA

as Chief Financial Officer of the Corporation and Dong Shim, CPA, CA, as Controller of the

Corporation.

“We are pleased to expand and strengthen our financial reporting team with the welcoming of

Nicholas Koo, CPA, CA as Red Lake Gold’s new CFO. Nicholas will be supported by our concurrent

appointment of Dong Shim, CPA, CA as Red Lake Gold’s incoming corporate controller. Both Mr.

Koo and Mr. Shim are experienced Chartered Professional Accountants, and our growth will

benefit from their involvement. We wish Mr. Cheung, who formerly held Mr. Koo’s position, the

best in his future endeavours,” noted Ryan Kalt, CEO of Red Lake Gold.

CFO Appointment - Nicholas Koo, CPA, CA

Nicholas Koo, CPA, CA brings significant experience in financial reporting roles covering many

industries including junior mining, building materials and high-tech. He is a member of the

Chartered Professional Accountants of British Columbia. Nicholas started his career at a mid-

sized accounting firm providing accounting, consulting, audit and tax services to publicly-traded

and private entities. He has also gained industry experience in a public company which is one of

the largest distributors of building materials and home renovation products in North America,

represented nationally across Canada and regionally in the Western United States. Mr. Koo is a

Partner at SHIM & Associates LLP, Chartered Professional Accountants with a primary focus on

business advisory, corporate consulting and regulatory filings both in the United States and

Canada.

Corporate Controller Appointment - Dong Shim, CPA, CA, CPA (Illinois)

Mr. Shim has led a successful accounting and finance career in both the US and Canada. He brings

a wealth of knowledge to the team with his expertise in auditing publicly-traded junior mining

and high-tech companies. He is a member of the Chartered Professional Accountants of British

Columbia and a Certified Public Accountant registered in the State of Illinois (United States).

Through SHIM & Associates LLP, Mr. Shim serves as an audit partner on numerous audit

engagements for various publicly-traded companies, primarily focused on the junior mining, oil

and gas, pharmaceutical, and high-tech sectors. Mr. Shim has also assisted numerous start-up

companies achieve public listings on the TSX Venture Exchange, the Canadian Securities Exchange

and the OTC Market.

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On Behalf of the Board of Directors

Ryan Kalt

Chairman & Chief Executive Officer

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.