VANCOUVER, BRITISH COLUMBIA – AUGUST 16, 2021 – ESGOLD Metals Corp. (“ESGOLD” or the “Company”) (TSXV: SEK, Frankfurt: N4UN, USA: SEKZF) is pleased to announce the appointment of Vikas Ranjan to the board of directors of the Company, effective July 19, 2021.

Mr. Ranjan is replacing Don Fuller, who served as a director of the Company since February 22, 2018 and is stepping aside to focus on the expansion of his real estate services operations. Mr. Fuller will remain as an advisor to the Company as his experience guiding ESGOLD to its current position will continue to advance
the Company through its new operations.

Mr. Ranjan has also been appointed as the Chairman of the Company’s audit committee. In this regard, the Company wishes to correct the disclosure provided in the Company’s news release dated March 5, 2021, whereby the Company announced Jack Huang as the Chairman of the Company’s audit committee. Mr. Huang was not appointed as the Chairman of the Company’s audit committee and Brad Kitchen remained Chairman until being replaced by Mr. Ranjan, effective July 19, 2021.

Mr. Ranjan is a management professional with an MBA in Finance from McGill University, Montreal, Canada. His background includes over 25 years experience in diverse areas of finance, capital markets, entrepreneurship and investing. He is a co-founder of Gravitas Group of companies and is the President of Gravitas Financial Inc. Mr. Ranjan has been involved in launching several public and private enterprises in the areas of capital markets and growth investing. His experience encompasses working as a capital markets and finance executive with an exposure to the resource industry. He has also previously acted as a research analyst covering the resource industry.

About ESGOLD Metals Corp.
ESGOLD Metals Corp. is a Canadian exploration company focused on building a strong asset base through exploration of undervalued projects in Canada. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. The Company’s main focus is its 100% ownership of the Eagle River project which is adjacent to and on-trend to several gold projects in the Windfall Lake district of Urban Barry in Quebec. ESGOLD will use its expertise in early stage exploration to create shareholder value by attempting to prove out the potential resource in these assets.

On Behalf of the Board of Directors,
ESGOLD METALS CORP.
“Brad Kitchen”
Chairman, CEO and Director
Tel: +1 604-506-7555
Email: pbkitchen@gmail.com