Mr. Nicholas Mather, has advised the Board of Directors of SolGold that for personal reasons, he will retire from the role of Chief Executive Officer ("CEO") after 13 years at the helm of SolGold. To ensure an orderly transition, Mr. Mather will step down effective 31 March 2021, after which Independent Non-Executive Director Keith Marshall will act as interim CEO until a new CEO is hired. After his retirement as CEO, Mr. Mather intends to remain on the Board as Non-Executive Director, and will continue to support the Company's ongoing exploration focus in Ecuador, independent financing and strategic corporate initiatives.