Element79 Gold Corp. announce a significant change in its leadership team. The Company has appointed Tammy Gillis as its new Chief Financial Officer (CFO), effective the beginning of the business day of September 18, 2023.

Ms. Gillis brings a wealth of experience and expertise to the role, further strengthening Element79 Gold Corp.'s commitment to financial excellence and growth. Ms. Gillis is a CPA, CMA with over 20 years experience in the public markets bringing comprehensive background in finance, reporting and regulatory requirements for junior exploration, manufacturing, bio-technology, and technology industries. Ms. Gillis has been part of teams that have completed several financings, grant applications and acquisition transactions.

Ms. Gillis started her career working at a corporate and securities law firm. Ms. Gillis previously served as Corporate Accountant for an international manufacturing company that had revenue in excess of $120 million and as Chief Financial Officer for a technology company with patented cathode materials used in lithium-ion batteries that successfully built a pilot plant with the assistant of over $4 million in government grants. Ms. Gillis has served as an officer for several TSX-V and CSE listed issuers.

Ms. Gillis's appointment follows a thorough search process conducted by Element79 Gold Corp.'s board of directors, and she will be replacing Heidi Gutte, CGA, CPA, who has played a key role in the company's financial management during her tenure since the Companys pre-IPO days. Ms. Gutte has resigned from her former CFO as part of this leadership change, and will continue to support the Company in a consultancy role for the coming months to ensure a smooth transition through the Year End 2022/2023 audits.