Mr. Patrick De Witt reports

NULEGACY GOLD ANNOUNCES DIRECTOR CHANGES

NuLegacy Gold Corp. has appointed Ari Chaney and John J. Greener to the company's board of directors with immediate effect. Mr. Chaney will also serve as chief executive officer. In addition, Daryn Gordon has been appointed as interim chief financial officer and Mr. Greener has been appointed as corporate secretary of the company.

In connection with these appointments, Patrick De Witt has resigned as chief executive officer, John Bevilacqua has resigned as chief financial officer, and Mr. Gordon and John Bevilacqua have resigned from the board. The company would like to thank Mr. DeWitt, Mr. Gordon and Mr. Bevilacqua for their contributions to the company.

Biographies of new directors and officers

Mr. Chaney, chief executive officer and director

Mr. Chaney has an MBA from the University of Chicago with high honours and a BS in electrical engineering from Worcester Polytechnic Institute with high distinction. In a surprise second career, Mr. Chaney was a founder and officer of six disruptive life science companies (Cellular Research: single cell biology; ImmuMetrix: immune repertoire; Stealth Biosciences: neuroscience; Countable Labs: dPCR; Curio: spatial biology; and 13.8: genomics research). Mr. Chaney led several venture capital financing rounds and strategic sales within this cohort. As a segue into life science, Mr. Chaney was the executive director and lecturer for technology translation for the biodesign program at Stanford University. Mr. Chaney is also the founder of Leveraged Consulting Group, where he has held director or chairman positions with a number of public and private companies, including Electrical Components International, Wellman, Neucel Specialty Cellulose, Monona Wire Corp., Rapid Rack Industries, Bomar Industries and Aladdin Industries. Earlier in his career, he served as vice-president, supply chain, for Florida Power & Light (FPL) and, within GE, president and general manager of Midwest Electric, plant manager of the Austintown Products Plant in GE Lighting, and manager of corporate business development in GE Corporate. He currently serves on the boards of Countable Labs, 13.8 and Tashota Resources. His NGO (non-governmental organization) board experience includes Water.org (chairman), the Pacific Institute (director) and the Parkinson's Institute (director).

Mr. Greener, director and corporate secretary

Mr. Greener is a seasoned public company executive with more than 30 years of experience helping high-growth retail, e-commerce and technology companies scale, transform and create shareholder value. Most recently, he served as chief people and administrative officer of Material Bank, a leading venture-backed technology marketplace valued at approximately $1.9-billion.

Previously, Mr. Greener served as chief human resources officer of Chewy Inc., where he helped lead the company through a period of exceptional growth, supporting the business as it expanded from approximately $3-billion to more than $10-billion in annual revenue and through its successful initial public offering. Earlier, he served as senior vice-president of merchandising operations at Ulta Beauty. Mr. Greener also held senior leadership positions at Target Corp. across merchandising, supply chain and digital commerce before serving as a managing director at PwC, where he advised leading retail and consumer companies on growth strategy, operations and organizational transformation. He was nominated for partnership in recognition of his leadership and client impact.

Mr. Gordon, interim chief financial officer

Mr. Gordon is a chartered professional accountant (CPA, CA) with more than two decades of finance and accounting experience. He started his career at global auditing firms Grant Thornton LLP and PwC Canada. For the past 14 years, Mr. Gordon has continued to expand his expertise and knowledge by providing CFO services to Canadian companies across a variety of industries. Mr. Gordon has a bachelor of accounting from the University of Lethbridge.

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