Reunion Gold Announces C$70 Million Bought Deal Financing - Seite 2

About Reunion Gold Corporation

Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America. In early 2021, the Company announced an exciting new greenfield gold discovery at its Oko West project in Guyana, where after 22 months of resource definition drilling the Company has announced an initial Mineral Resource Estimate containing 2.475 Moz of gold in Indicated resources grading 1.84 g/t Au and 1.762 Moz of gold in Inferred resources grading at 2.02 g/t. The mineralization in the Kairuni zone appears to be open-pit amenable with a strong grade profile, and the Company is continuing with additional activities relating to the delivery of a Preliminary Economic Assessment by the end of Q4 2023. In addition to Kairuni, there are several additional priority exploration targets on the Oko West project area that the Company is also exploring. See the Company’s technical report titled “NI 43-101 Technical Report Oko West Gold Project Cuyuni-Mazaruni Mining Districts, Guyana” with an effective date of June 1, 2023 for additional information about the Mineral Resource Estimate.

The Company's common shares are listed on the TSX Venture Exchange under the symbol 'RGD' and trade on the OTCQX under the symbol 'RGDFF'. Additional information about the Company is available on SEDAR+ (www.sedarplus.ca) and the Company's website (www.reuniongold.com).

For further information, please contact:

REUNION GOLD CORPORATION
Rick Howes, President and CEO, or Doug Flegg, Business Development Advisor
E: [e-mail]
E: [e-mail]
Telephone: [phone]

Cautionary Disclaimer Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Statements and information that are not historical facts are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions, or results "will", "may", "could" or "should" occur or be achieved. Forward-looking statements and the assumptions made in respect thereof involve known and unknown risks, uncertainties and other factors beyond the Company's control. Forward-looking statements in this press release include statements regarding the expected terms and conditions of the Offering, the intended use for the net proceeds from the Offering, the receipt of stock exchange and other regulatory approval for the Offering, the anticipated jurisdictions for the Offering and the expected documentation for the Offering as well as statements regarding beliefs, plans, expectations or intentions of the Company. Mineral exploration is highly speculative, characterized by several significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. Refer to the Company's most recent annual information form dated May 9, 2023 for a description of such risks.