Ms. Marie Lemay of Royal Canadian Mint reports

FROM MINE TO MINT: ROYAL CANADIAN MINT INTRODUCES A NEW SINGLE MINE GOLD MAPLE LEAF BULLION COIN IN PARTNERSHIP WITH NEWMONT

In response to continuing market demand for greater transparency about the origins of precious metals, and to showcase its continually evolving refining capabilities, Royal Canadian Mint has partnered with the world's leading gold producer, Newmont Corp., to introduce its newest gold bullion coin completely sourced from a single mine. The 2023 $50 one-ounce 99.99-per-cent-pure-gold Maple Leaf Single-Sourced Mine bullion coin is entirely composed of gold from Newmont's Eleonore gold mine in Northern Quebec and is expertly refined by Royal Canadian Mint under a rigorous segregation protocol. This special gold bullion coin will soon be available through Royal Canadian Mint's network of official bullion distributors.

"As a full standing member of the London Bullion Market Association (LBMA) and an LBMA-accredited Good Delivery refiner, we adhere to high standards for responsibly sourcing the gold and silver we refine," said Marie Lemay, president and chief executive officer of Royal Canadian Mint. "With this new single-mine coin, made of directly traceable gold from Newmont's Eleonore mine to our gold refinery in Ottawa, we are demonstrating continued excellence in terms of precious metal sourcing, refining and manufacturing."

"As the world's recognized sustainability leader in gold mining, Newmont is honoured to supply the gold for the Royal Canadian Mint's Pure Gold Maple Leaf Single-Sourced coin from our Eleonore mine in Quebec," said Tom Palmer, Newmont's president and chief executive officer. "Our employees at Eleonore and across the globe take great pride in demonstrating our stated purpose to create value and improve lives through sustainable and responsible mining. And it all begins with our people working safely and with integrity, every single day."

The reverse of Royal Canadian Mint's newest single-source, pure-gold coin features Walter Ott's detailed engraving of a sugar maple leaf, the hallmark of Royal Canadian Mint's Maple Leaf family of bullion coins. This central design is also surrounded by an array of precisely machined radial lines. Beneath it appears a microengraved maple-leaf-shaped security mark containing the engraving of the number "23," only visible under magnification, to denote the coin's year of issue. Adjacent to the security feature is a privy mark of a hand cradling a globe, symbolizing the single-source origin of the coin's 99.99-per-cent-pure gold. The coin is also protected by Bullion DNA technology.

This exceptional gold bullion coin is encapsulated in credit-card-style packaging that includes a certificate of purity and authenticity signed by Royal Canadian Mint's chief assayer. Royal Canadian Mint's official bullion distributors will make this coin available in this single-packaging format, as well as in tubes packaged in 500-coin boxes.

Newmont's Eleonore mine is a state-of-the-art facility that is among the largest gold mines in Quebec. Located in Eeyou Istchee on the traditional territory of the Cree Nation of Wemindji, Eleonore is a remote fly-in, fly-out operation that mines and processes ore from the rich Roberto deposit in the James Bay region of Canada. Having first achieved commercial production in 2015, Eleonore currently produces upward of 260,000 ounces of gold per year. As the lowest-emitting mine in the Newmont portfolio, Eleonore is powered exclusively by hydroelectricity and is world-class in terms of minimizing carbon intensity. The mine's commitment to sustainable mining practices and strong community partnerships has earned Eleonore its reputation as a leading responsible operator.

About Royal Canadian Mint

Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. Royal Canadian Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada's prestigious military and civilian honours. As an established London and Comex Good Delivery refiner, Royal Canadian Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces, and to make a positive impact on the communities where it operates, Royal Canadian Mint integrates environmental, social and governance practices in every aspect of its operations.

About Newmont Corp.

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The company's world-class portfolio of assets, prospects and talent is anchored in favourable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

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