Mr. James Tworek reports

ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET

Element79 Gold Corp. has uplisted the trading of shares from the Pink Open Market to the OTCQB Venture Market, effective as of Aug. 23, 2024.

Following this uplisting, the company's common shares started trading on the OTCQB Venture Market under the symbol ELMGF as of the opening of the market on Aug. 26, 2024. The company's common shares will continue to trade on the Canadian Securities Exchange under the symbol ELEM and the Frankfurt Stock Exchange under the symbol 7YS0.

"We are thrilled to announce the uplisting to the OTCQB, in line with our strategic growth objectives. This move is a direct result of our commitment to transparency and achieves our team's goal to enhance our visibility with the investment community, and to all investors, through listing our shares on a larger, more accessible exchange. The OTCQB market has increased compliance and quality standards, broadens access, and may improve liquidity for shareholders. We are confident this step will expand Element79's visibility and attract a wider range of investors," said James Tworek, chief executive officer and director.

About Element79 Gold Corp.

Element79 Gold's focus is on exploring and developing its past-producing, high-grade gold and silver mine, the Lucero project, located in Arequipa, Peru, with the intent to restart production in the near term.

The company holds a portfolio of five properties along the Battle Mountain trend in Nevada, and the projects are believed to have significant potential for near-term resource development. The company is currently reviewing the Battle Mountain portfolio for exploration and development, or sale.

The company also holds an option to acquire a 100-per-cent interest in the Dale property, 90 unpatented mining claims located approximately 100 kilometres southwest of Timmins, Ont., and has transferred this project to its wholly owned subsidiary, Synergy Metals Corp., and is advancing through the plan-of-arrangement spinout process.

We seek Safe Harbor.