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SALT.V ·

Red Moon Reports Voting Results from the Annual General and Special Meeting of Shareholders

Shareholder Meetings

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 Reports Voting Results from the Annual

General and Special Meeting of Shareholders

St. John’s, Newfoundland and Labrador , August 03 , 2021 - Red Moon Resources Inc. (the

“Company” or “Red Moon” - TSXV: RMK) announces that all resolutions presented at the July 30,

2021 annual general and special meeting of shareholders were approved including the election of

directors. The voting participation rate was 51 per cent of the shares outstanding. The Company thanks

its shareholders and their intermediaries for their support and assistance. Detailed results of the

election of directors and meeting resolutions are shown in the table below.

RESOLUTION FOR WITHHELD RESULT

Election of the following Directors:

Patrick Laracy 37,438,335 37,885 Elected (99.90%)

Timothy Rowland Howe 37,438,335 37,885 Elected (99.90%)

Fraser Edison 37,438,335 37,885 Elected (99.90%)

Carson Noel 37,433,335 42,885 Elected (99.89%)

John Anderson 37,463,335 12,885 Elected (99.97%)

Appointment of PricewaterhouseCoopers,

Chartered Professional Accountants as

Auditors of the Company

37,446,220 30,000 Approved

(99.92%)

Ratify and approve the Stock Option Plan 37,432,110 44,110 Approved

(99.88%)

Approve the continuance of the Company

from the Province of Alberta to the Province

of British Columbia.

37,429,660 46,560 Approved

(99.88%)

Mr. Patrick Laracy , Red Moon CEO, commented, “Now that we have shareholder approval for the

corporate juridictional continuance from Alberta into British Co lumbia, the legal process to execute

that move has commenced and, when finalized imminently, the Company will immediately initiate a

corporate name change subject to regulatory approval as per our May 13, 2021, news release.”

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% working interest ownership of the Great Atlantic salt deposit, in addition to a

producing gypsum mine, an early -stage nepheline discovery, and s trategic 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.