First day of trading in Northgold shares on the Nasdaq First North Growth Market

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Mitch VanderydtCEO, comments:
“Today marks a great day for Northgold and I am delighted to welcome all the new shareholders. We can now begin executing the next stage of our growth strategy, conducting systematic exploration with the goal of making new discoveries and expanding our existing resources from their current level of 725,000 oz AuEq to over 1,000,000 oz AuEq over the next 18 months. We look forward to providing an update in the coming weeks on our 2022 exploration plans, which are expected to include additional IP geophysical surveys, till base geochemical sampling and core drilling expected to take place over the next few weeks. second and third trimesters. »
Northgold in short
Northgold focuses on the exploration and development of gold deposits that create leverage for the growth of gold as a long-term investment instrument. The Company’s business model is to create value by developing mineral resources through the exploration of current and new deposits and increasing their probability of extraction through technical studies.
Northgold advances two resource-stage gold projects in the underinvested Middle Ostrobothnia (MOGB) gold belt by Central Finland, an area that has a history of base metal mining and is now also emerging as a promising gold district. The Company’s two project areas together host informal mineral resources of over 725,000 oz AuEq and provide exposure to early and late stage gold exploration. Northgold plans to conduct systematic exploration, including drilling, at the Kopsa and Kiimala trend projects with the goal of increasing gold resources and discovering new deposits. Furthermore, Northgold aims to further consolidate the under-exploited gold belt of central Ostrobothnia.
Advisors
Augment Partners AB is the financial adviser as well as Certified Adviser and Advokatfirmaet Schjødt AS, subsidiary is the legal adviser within the framework of the registration.

For more information, please contact the CEO:
“Mitch Vanderydt”Mitchell J. Vanderydt, eng.MBA
+46 70 563 12 61
ir@northgoldab.com

On Northgold
Northgold is a Swedish gold exploration and development company with several resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland, including the Kopsa Gold-Copper Project and the Kiimala Trend Gold Project. The Company strives to find and extract gold from undermined areas in Finland. More information is available at www.northgoldab.com. Augment Partners AB, Phone. +46 8-604 22 55 info@augment.seacts as an authorized advisor to the Company.

Important Information
The broadcast, publication or distribution of this announcement may be restricted in certain jurisdictions. Recipients of this announcement in jurisdictions in which this announcement was posted or distributed should inform themselves about and comply with such restrictions. This announcement does not constitute an offer or solicitation to subscribe, purchase or exchange shares or other securities issued by the Company in any jurisdiction whatsoever, nor to Northgold nor anyone else, where such an offer would be unlawful.

Neither this announcement nor the information it contains may be published or distributed, directly or indirectly, in or at The United States of America, Australia, Canada, hong kong, Japan, New Zealand, Singapore, South Africa, South Korea, Switzerland or any other jurisdiction in which publication or distribution would be unlawful or subject to legal restrictions or would require registration or other measures than those arising from Swedish and Finnish law. The Company has not taken and will not take any action to permit an offer to the public in any jurisdiction other than Sweden and Finland. The shares of the Company have not been registered and will not be registered under the United States Securities Act of 1933 as amended, and may not be offered, subscribed for, exercised, pledged, sold, resold, delivered or transferred, directly or indirectly, in or for The United States of America. Actions in violation of the Restrictions may constitute a violation of applicable securities laws.

In the UKthis document is only distributed to, and is addressed to, qualified investors (as defined in the Prospectus Regulations as they form part of domestic law in the UK under the European Union (Withdrawal) Act 2018) and who are (i) investment professionals falling within section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order” ) or (ii) high net valuable legal persons, and other persons to whom this announcement may lawfully be communicated, falling within section 49(2)(a) to (d) of the Ordinance (all such persons being together referred to as ” Persons concerned “). This communication should not be exploited or relied upon by persons who are not Data Subjects. Any investment or investment activity to which this communication relates is only accessible to Relevant Persons and will only be engaged in with Relevant Persons. Persons distributing this communication should ensure that it is legal to do so.

Forward-looking statements
This announcement may contain certain forward-looking statements. Forward-looking statements are statements that are not historical facts and can be identified by words such as “believe”, “expect”, “anticipate”, “intend”, “estimate”, ” will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements contained in this release are based on various assumptions, many of which are, in turn, based on other assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to important known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and which are beyond its control. control. These risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this communication speak only as of its date and are subject to change without notice. The Company undertakes no obligation to review, update, confirm or publicly release any revisions to the forward-looking statements to reflect events that occur or circumstances that arise in connection with the contents of this announcement.

The forward-looking information, estimates and statements contained in this announcement speak only as of the date of this announcement and are subject to change without notice. The Company undertakes no obligation to review, update, confirm or issue adjustments regarding the forward-looking statements to reflect events that occur or circumstances that arise regarding the contents of this opinion.

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