Vancouver, British Columbia – (Newsfile Corp. – September 27, 2022) – Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) (“Dynasty” or the “Company”) is pleased to announce that it plans to complete a non-brokered private placement of up to 7,000,000 units of Flow -Through shares for gross proceeds of $735,000. Each unit consists of one flow-through share at $0.105 and a warrant to purchase one common share at $0.15 for a two-year period. The financing is subject to TSX Venture Exchange approval. The Company has the right to terminate the outstanding warrants on 20 days’ expiry notice if the closing price of the Company’s common shares on the TSX-V is greater than $0.25 for 7 consecutive trading days. Units issued under the private placement will be subject to a four-month hold period from the closing date.

Proceeds from the private placement will be used for core drilling exploration on the Thundercloud property in Ontario.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian exploration company currently focused on gold exploration in North America with projects in the Manitou-Stormy Lake Greenstone Belt in Ontario and the Midas Gold Camp in Nevada. The Company is currently expanding its Thundercloud gold deposit which contains 182,000 ounces of gold. The 43-101 mineral resource report and associated news release detailing the resource are available and have been filed on the Company’s website www.sedar.com. The 100% owned Golden Repeat Gold Project at the Midas Gold Camp in Elko County, Nevada is surrounded by a number of large operating mines. In addition, Dynasty owns a 70% interest in the Hatu Qi2 Gold Mine in the Tien Shan Gold Belt, Xinjiang, China, with which Dynasty is in litigation with Xinjiang Non-Ferrous Industrial Metals Group and its subsidiary Western Region Gold Co. Ltd you on the company’s website www.dynastygoldcorp.com.

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