West Red Lake Gold Closes US$22,340,000 of Gold Linked Notes Offering - Seite 3

ON BEHALF OF WEST RED LAKE GOLD MINES LTD.

“Shane Williams”

Shane Williams

President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

Freddie Leigh
Tel: [phone]
Email: [e-mail]

or visit the Company’s website at https://www.westredlakegold.com

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. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

Certain information included in this press release constitutes forward-looking information under applicable securities legislation including statements relating to the Company's issuance of additional units on the same terms as the Units issued under the Offering, the future price of gold and the intended use of proceeds, the listing of the Notes and Warrants following the statutory hold period. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “scheduled”, “will” or similar words suggesting future outcomes or statements regarding an outlook. The forward-looking statements contained in this press release are based on certain key expectations and assumptions made by the Company, including various market conditions that could alter the proposed use of proceeds and/or the price of gold and the Company satisfying the applicable listing requirements in order to list the Notes and the Warrants following the statutory hold period.. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.