RUA GOLD Announced Proposed Share Consolidation

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November 25, 2024

RUA GOLD ANNOUNCED PROPOSED SHARE CONSOLIDATION

Rua Gold Inc. (TSXV: RUA) (OTC: NZAUF) (WKN: A4010V) (“RUA GOLD" or the "Company") announces

that the Board of Directors have approved a cons olidation of the Company’s issued and outstanding

common shares on the basis of six (6) pre-consolid ation shares for one (1) post-consolidation share,

subject to regulatory approval. The Board of Dire ctors is proceeding with the consolidation on the

basis that it will provide the Company with increased flexibility to seek additional financing

opportunities and strategic acquisitions.

About RUA GOLD

RUA GOLD (TSXV: RUA) (OTCQB: NZAUF) (WKN: A4010V ) is a new entrant to the gold mining space,

specializing in gold exploration and discovery in New Zealand. Upon closing of the transaction with

Siren Gold Limited announced in July 2024, the Com pany will have permits enveloping 90% of the

Reefton Goldfield in New Zealand's South Island. This district has a rich history dating back to the gold

rush in the late 1800s. The Company also has a highly prospective tenement package in the North

Island, located within 3 kms of OceanaGold's bigg est pipeline project, Wharekirauponga. RUA GOLD

combines traditional prospecting practices with mo dern technologies to uncover and capitalize on

valuable gold deposits.

The Company is committed to responsible and sust ainable exploration, which is evident in its

professional planning and execution. The Company aims to minimize its environmental impact and to

execute on its projects with key stakeholders in mind. RUA GOLD has a highly skilled team of New

Zealand professionals who possess extensive knowle dge and experience in geology, geochemistry,

and geophysical exploration technology.

For further information, please refer to the Company’s disclosure record on SEDAR+ at

www.sedarplus.ca.

RUA GOLD Contact

Robert Eckford

Chief Executive Officer

Email: [email protected]

Website: www.RUAGOLD.com

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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.