Mr. Robert Eckford reports

RUA GOLD ANNOUNCES CHANGE OF AUDITOR

Rua Gold Inc. has changed its auditor from Charlton & Company (the former auditor) to Deloitte LLP (the successor auditor).

The company's board of directors accepted the resignation of the former auditor, as of April 17, 2025, and appointed the successor auditor as the new auditor and to hold office until the close of the company's next annual general meeting of shareholders.

There were no reservations in the former auditor's audit reports for any financial period during which the former auditor was the company's auditor. There are no reportable events (as the term is defined in National Instrument 51-102 -- Continuous Disclosure Obligations (NI 51-102)) between the company and the former auditor.

In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, have been reviewed by the company's audit committee and board of directors and have been filed on the company's SEDAR+ profile.

About Rua Gold Inc.

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, the company's team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of Rua Gold's two highly prospective high-grade gold projects.

The company controls the Reefton gold district as the dominant landholder in the Reefton goldfield on New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically produced over two million ounces of gold grading between nine and 50 grams per tonne.

The company's Glamorgan project solidifies Rua Gold's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki district, a region that has produced an impressive 15 million ounces of gold and 60 Moz of silver. Glamorgan is adjacent to OceanaGold Corp.'s biggest gold mining project, Wharekirauponga.