VANCOUVER, BC – December 4, 2019. ESGOLD Metals Corp. (“ESGOLD” or the “Company”) is responding to information distributed by Drakensberg Capital Limited (“Drakensberg”) in relation to certain mineral properties purportedly sold to ESGOLD. The Company terminated the agreement with Drakensberg pursuant to the terms of its agreement with Drakensberg dated March 20, 2019. As a result of the termination, ESGOLD has no liability to Drakensberg. The comments made by Drakensberg are incorrect, false and misleading and can only be construed as an attempt to improperly further the false claims made by Drakensberg.