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Element79 Gold Provides Update on Pending Acquisition of Gold Portfolio in Nevada

Further to its news release dated October 4, 2021, Element79 Gold Corp. (CSE:ELEM)(OTC PINK:ELMGF)(FSE:7YS) (“Element79 Gold“, the “Company“) is pleased to provide an update on its acquisition of 1316524 B.C. Ltd. (“Goldco”). As previously disclosed, Element79 Gold is party to a securities exchange agreement (the “Goldco Agreement”) pursuant to which