TORONTO, June 24, 2021 (GLOBE NEWSWIRE) – Or Angus inc. (TSX-V: GUS | OTC: ANGVF) (“Angus“or the”Company“) is pleased to announce that Mr. David Cobbold will join the Board of Directors of the Company effective June 30, 2021.

Mr. Cobbold is a seasoned mining investment banker with 23 years of financial services experience. Currently, he is Managing Director and Chief Mining Officer at Macquarie Capital Markets Canada, where he is responsible for sourcing and leading M&A, sales and defense transactions for clients ranging from exploration companies and development to global metals and mining companies. David’s clients are based in Canada, the United States, the United Kingdom, South Africa and Australia. In addition, David has extensive experience in the global commodities and securities markets. Prior to joining Macquarie, David worked at CIBC World Markets and CIBC Capital Partners for 13 years in a variety of capacities, including Managing Director, Global Mining Investment Banking and Managing Director, Equity Markets. David holds a Bachelor of Arts in Economics from the University of Western Ontario and a Master of Business Administration (MBA) from Harvard Business School.

The Company also announces that it has granted options to acquire a total of 200,000 common shares of the Company from Mr. Cobbold at an exercise price of $ 0.98 per share for a period of five years, subject to the conditions of acquisition.

About Angus Gold

Angus Gold Inc. is a Canadian mining exploration company focused on the acquisition, exploration and development of very promising gold properties. The company’s flagship project is the Golden Sky Project in Wawa, Ontario.

On behalf of Angus Gold Inc.,

Steve burleton
Chairman and CEO and Director

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Company Website: www.angusgold.com

TSXV: GUS | USOTC: ANGVF

Forward-looking statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe the future plans, objectives or goals of the Company, including terms indicating that the Company or management expects a condition or reported result to occur. Forward-looking statements may be identified by words such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will” or “will”. Because forward-looking statements are based on assumptions and deal with future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. The risks, uncertainties and other factors involved in forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information contained in this press release includes, without limitation, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, mineral resource estimate, mine exploration and development plans, timing of commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from this forward-looking information include, but are not limited to: the ability to anticipate and counter the effects of the COVID-19 pandemic on the Company’s business, including including, but not limited to, the effects of COVID-19-19 on capital markets, supply chain disruptions of commodity prices, restrictions on labor force and presence in the place of work and local and international travel, failure to receive required approvals with respect to transactions contemplated by the Agreement, failure to identify mineral resources, failure to convert estimates of mineral resources to reserves, ” inability to complete a feasibility study that recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failure to obtain app governmental, environmental or other factors, political risks, the inability to fulfill the obligation to welcome the First Nations and other indigenous peoples, uncer the vagaries related to the availability and costs of necessary funding in the future, variations in stock markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in project development, investment and operating costs varying estimates and other risks involved in the mining exploration and development industry, and the risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in the preparation of forward-looking information in this press release are reasonable, one should not place undue reliance on such information, which only applies as of the date of this press release. press release, and no assurance can be given as such events will occur within the disclosed timeframe or not at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.



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