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Strikepoint Announces Appointment of Michael G. Allen as President, CEO and Director and Shawn Khunkhun as Executive Chairman

Management Changes

STRIKEPOINT ANNOUNCES APPOINTMENT OF MICHAEL G. ALLEN AS PRESIDENT, CEO AND

DIRECTOR AND SHAWN KHUNKHUN AS EXECUTIVE CHAIRMAN

Vancouver, British Columbia — November 1 , 2022 StrikePoint Gold Inc. (“StrikePoint” or the

“Company”) (SKP:TSX.V) (STKXF:OTCQB) is pleased to announce that Michael G. Allen has been

appointed as President, CEO and Director of the Company. In addition, Mr. Shawn Khunkhun has been

elevated to the role of Executive Chairman and Director of the Company.

“I am thrilled to usher in a new era for StrikePoint. With our complementary skill sets Mike and I are

keen on building StrikePoint into a go -to name in the mineral exploration and development industry.

Mike has demonstrated and ability to identify , acquire, progress and sell assets for the benefit of

shareholders, we look forward to executing that strategy at StrikePoint.” Stated Executive Chairman and

Director, Shawn Khunkhun.

Mr. Allen brings over 20 years of multifaceted work experience in the mineral exploration and

development business. His experience has been from grassroots to advancing projects through

feasibility studies, construction and operations, in a variety of geo logical systems and jurisdictions. In

addition, Mr. Allen brings additional capital markets strength to StrikePoint having raised significant

amounts of capital to advance projects. Most notably Mr. Allen was President, CEO and Director of

Northern Empir e Resources, where he was responsible for identifying, acquiring and advancing the

Sterling Project in the Beatty district of South West Nevada. Northern Empire was sold to Coeur Mining

at the all-time high of the share price for approximately $120 millio n. Recently, Mr. Allen was President

of Elevation Gold Mining Corporation, Arizona’s largest precious metals producer.

Mr. Allen is a Professional Geologist and QP under the definitions of NI43-101.

ON BEHALF OF THE BOARD OF DIRECTORS OF

STRIKEPOINT GOLD INC.

“Shawn Khunkhun”

Shawn Khunkhun

Executive Chairman and Director

For more information, please contact:

StrikePoint Gold Inc.

Shawn Khunkhun, Executive Chairman and Director

T: (604) 609-5137

E: [email protected]

Or

Michael G. Allen, President, CEO and Director

T: (604) 602-1440

E: [email protected]

W: www.strikepointgold.com

Statements in this release that are forward -looking statements are subject to various risks and

uncertainties concerning the specific factors disclosed under the heading “Risk Factors” and elsewhere

in the company’s filing s with Canadian securities regulators. Such information contained herein

represents management’s best judgment as of the date hereof based on information currently available.

The company does not assume any obligation to update any forward -looking statemen ts, save and

except as may be required by applicable securities laws.

Neither the TSX Venture Exchange nor it’s Regulation Services Provider (as that term is defined in the

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