Mr. James Tworek reports

ELEMENT79 GOLD CORP ANNOUNCES SPECIAL SHAREHOLDER MEETING DATE

Element 79 Gold Corp. has released the date for its upcoming special shareholder meeting. The meeting is scheduled to take place on Dec. 11, 2023, and has a record date for notice of meeting, record date for voting and beneficial ownership determination date of Nov. 6, 2023.

This special shareholder meeting will address important matters related to the company's future direction and strategic initiatives, primarily focused on the plan of arrangement process under way with the company's wholly owned subsidiary, Synergy Metals Corp. Further details as to the timing, location, dial-in co-ordinates and the agenda for the meeting will be provided in a subsequent news release, as well as on the company's website, as the information is available.

Element79 Gold encourages all shareholders to mark their calendars for this important event and looks forward to all shareholders' participation in shaping the future of the company.

About Element79 Gold Corp.

Element79 Gold is a mining company focused on gold and silver, committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's main focus is on developing its previously producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to bring it back into production in the near term.

The company also holds a portfolio of five properties along the Battle Mountain trend in Nevada, with the Clover and West Whistler projects believed to have significant potential for near-term resource development. Three properties in the Battle Mountain portfolio are under contract for sale to Valdo Minerals Ltd., with an anticipated closing date around the end of 2023. The company has also signed an option agreement to sell the Maverick Springs project, an advanced-stage exploratory property with an inferred resource of 3.71 million ounces gold equivalent (AuEq) (1.37 Moz gold (Au) and 175 Moz silver (Ag)) and anticipates completing this sale before the end of 2023.

In British Columbia, Element79 Gold has executed a letter of intent and financed a drilling program to acquire a private company that holds the option to 100-per-cent interest of the Snowbird high-grade gold project, which consists of 10 mineral claims located in central British Columbia, approximately 20 kilometres west of Fort St. James. The company also has an option to acquire a 100-per-cent interest in the Dale property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ont., and has recently announced that it has transferred this project to its wholly owned subsidiary, Synergy Metals Corp., and is advancing through the plan of arrangement spin-out process through the rest of 2023.

We seek Safe Harbor.