Mr. Allan Fabbro reports

ALERIO GOLD ANNOUNCES MANAGEMENT CEASE TRADE ORDER UPDATE

In accordance with National Policy 12-203, Management Cease Trade Orders, Alerio Gold Corp. is providing an update to its previously disclosed temporary management cease trade order (MCTO) announced Jan. 2, 2024, in respect of the audited financial statements and corresponding management discussion and analysis for the year ended Aug. 31, 2023, including the chief executive officer and chief financial officer certificates, which were not filed by the required regulatory filing deadline of Dec. 29, 2023.

The company is working on the requirements to complete the annual filings and will provide updates as further information relating to the annual filings is available.

Until the annual filings are completed, the MCTO will be in effect and Alerio will issue biweekly default status reports. Alerio confirms that there have been no material business developments or other material information relating to its affairs as of the date of this news release that have not been generally disclosed.

About Alerio Gold Corp.

Alerio Gold is a mineral exploration and development company in the business of acquiring and exploring gold properties, with a focus in Guyana, South America. The company currently has 100-per-cent interest in two properties located in Guyana, South America.

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