Warrant Extension and Lakefront Agreement

FOUR NINES GOLD ANNOUNCES WARRANT EXTENSION AND LAKEFRONT AGREEMENT

VANCOUVER, BC, April 14, 2023 – Four Nines Gold Inc. ("Four Nines Gold" or the “Company”) (CSE: FNAU; OTCQB; FNAUF) announces that, pursuant to CSE Policy 6, it intends to extend the expiry date of certain of the Company’s outstanding warrants (the “Warrants”). The Warrants were initially issued pursuant to a nonbrokered private placement of 2,461,863 units at a price of $0.35 per unit, which closed on April 29, 2021. Each unit consists of one common share and one-half share purchase warrant. Each whole warrant is exercisable at a price of $0.70 per share. The Warrants’ current and new expiry dates are as set out below:

For further information concerning the original issuance of the Warrants, please refer to the Company’s April 30, 2021 News Release at www.sedar.com.

The Company entered into an invoice agreement (the “Lakefront Agreement”) dated April 14, 2023, with Lakefront, whereby Lakefront agreed to provide promotional services to the Company, including content creation, distribution, and advertising. The term of the Lakefront Agreement is two months. The Company paid Lakefront a cash fee of CAD $60,000 for the two-month term. The Company utilized cash on hand to finance the required payment.

Lakefront is a privately owned consulting firm based out of Vancouver, British Columbia, which provides consulting services. To the knowledge of the Company, neither Lakefront nor its principals own any securities of the Company. Both Lakefront and the principals of Lakefront are at arm’s length to the Company.

On behalf of the board,

For further information, please contact:

Charles Ross Email: [email protected] Telephone: 778.228.2269

Cautionary Statement Regarding “Forward-Looking” Information.

This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, statements that address the Mariposa property, comments regarding the timing and content of upcoming work programs, geological interpretations, costs and timing of future exploration and development, requirements for additional capital, other statements relating to the financial and business prospects of the Company.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cautioned not to place undue reliance on forward looking statements

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

The CSE does not accept responsibility for the adequacy or accuracy of this release.