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SALT.V ·

Red Moon Appoints New CFO/Corporate Secretary

Management Changes

TSXV: RMK

333 Duckworth Street, St. John's

NL, A1C 1G9

Telephone: (709) 754-3186

Fax: (709) 754-3946

RedMoonResources.com

[email protected]

Red Moon Appoints New CFO/Corporate Secretary

St. John’s, Newfoundland and Labrador, June 4, 2021 - Red Moon Resources Inc. (the “Company” or

“Red Moon” - TSXV: RMK) announces the appointment of Gillian Russell, CPA, CA, as the new Chief

Financial Officer and Corporate Secretary for the Company.

Ms. Russell has over 20 years of accounting, audit and management experience including the roles of Controller

and Manager in the private and public sectors. She is assuming this position with Red Moon which also includes

the additional responsibilities of Business Manager. Ms. Russell holds a Chartered Professional Accounting

Designation with the Institute of Chartered Accountants of Newfoundland and Labrador.

Patrick Laracy, Red Moon CEO, commented: “We are very fortunate to have Gillian join our growing team at

this very transformational time for Red Moon. She has exceptional credentials and will play an important role

in our business development initiatives.”

Red Moon extends its appreciation to Jennifer Button, CPA, CA, for her dedication and professionalism as CFO

and Corporate Secretary during the last four years. The Company wishes Jennifer the best in her future

endeavors.

We seek Safe Harbor.

About Red Moon Resources

Red Moon Resources is an emerging commodities leader in Atlantic Canada, focused on Newfoundland and

Labrador, with 100-per-cent ownership of the Great Atlantic salt deposit in addition to a producing gypsum

mine, an early-stage nepheline discovery, and strategic ground covering the Fischell's Brook salt dome and

adjacent claims.

For information, please contact:

Patrick J. Laracy, CEO

(709) 754-3186

[email protected]

RedMoonResources.com

MarketSmart Communications Inc.

Adrian Sydenham

Toll-free: 1-877-261-4466

Email: [email protected]

Not for release in the United States or to U.S. newswire services

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This

release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations.

Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers are advised not to

place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or

revise forward-looking information.