Mr. Ryan Kalt reports

RED LAKE GOLD INC. -- SHAREHOLDER MEETING RESULTS AND INSIDER RESIGNATION

Red Lake Gold Inc. has provided the following updates.

Annual general and special meeting of shareholders

The corporation reports that all of the resolutions, to their applicable extent, and as put forth to shareholders for voting determination at its annual general and special meeting of shareholders held yesterday (Dec. 18, 2023) in Vancouver, B.C., were duly passed and put into effect.

The AGSM resolutions were described, with particulars, in the corporation's information circular dated Nov. 3, 2023, noting that Eugene Hodgson did not stand for re-election.

Director/insider resignation

Mr. Hodgson has resigned as a director of the corporation, effective Dec. 13, 2023, and has resultantly ceased to be a reporting insider (as that term is defined by securities laws) of the corporation as of the same date.

The corporation expresses its appreciation to Mr. Hodgson for his contributions to the corporation during his tenure and extends its well wishes to him on his forward endeavours.