- Rapidly emerging CleanTech company provides updates on CEO and strategic 
asset acquisition

EnviroGold Global Limited ("EnviroGold Global" or the "Company") (CSE: NVRO), a 
clean technology company accelerating the world's transition to a circular 
resource economy, is pleased to issue the following updates on key strategic 
developments related to the Company's business plan. 

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Strategic Updates

1. EnviroGold Global Commences Due Diligence on Strategic Asset Acquisition 

EnviroGold Global has commenced due diligence on the acquisition (the 
"Acquisition") of a suite of intellectual property and technology assets (the 
"Assets") from Hydrus Technology Holdings Pty Ltd ("HTX"). HTX is a technology 
company founded by the Executive Chair of EnviroGold Global, David Cam, which 
delivers leading edge solutions for a range of wastewater, mineral recovery, 
and environmental remediation challenges. The Assets include scalable, modular, 
geographically relocatable systems with advanced capabilities related to 
treating mine-affected and other industrial wastewater. The intellectual 
property Assets include 6 families of patents. EnviroGold Global believes the 
Assets have substantial synergy with the Company's proprietary solutions for 
responsible resource recovery and environmental remediation, and that the 
Acquisition, subject to the execution of binding agreements and receipt of the 
necessary approvals, can significantly strengthen the Company's technical, 
environmental, and operational capabilities. www.HydrusTech.com 

2. Dr. Mark Thorpe, CEO and a Director of EnviroGold Global, Appointed as 
Chairman of Canadian Mining Innovation Council 

In May 2021, EnviroGold Global announced the appointment of ESG and 
sustainability leader Dr. Mark Thorpe as CEO and member of the Board of 
Directors. Dr. Thorpe, who has a Ph.D. in Mine Land Rehabilitation, brings 
decades of experience as a senior executive in mining, sustainability and 
environmental operations with a professional background that includes senior 
positions at Placer Dome, Golden Star, and Torex. EnviroGold Global is pleased 
to announce that Dr. Thorpe has recently been appointed as Chair of the Board 
of Directors for the Canadian Mining Innovation Council, an organization where 
he has previously served as the Vice-Chair of the Board of Directors. 

About EnviroGold Global

Headquartered in Toronto, Canada, EnviroGold Global is a clean technology 
company capitalizing on environmental stewardship and sustainably supplying the 
world's increasing demand for precious, critical, and strategic metals by 
reclaiming unrecovered value from mine tailings and resource development waste 
streams. EnviroGold Global leverages proprietary technology, superior 
operationalized knowledge, and an agile, efficient culture to recover valuable 
metals, recharge critical resources and accelerate the world's transition to a 
sustainable circular resource economy. EnviroGold Global is actively expanding 
the Company's significant reprocessing pipeline.

Further Information

Mark B. Thorpe 
EnviroGold Global Limited 

Telephone: +1 (416) 777 6720 
Email: mark.thorpe@envirogoldglobal.com

Jonathan L. Robinson, CFA 
Investor Relations Contact 

Telephone: +1 (416) 669 1001 
Email: JRobinson@oakhillfinancial.ca

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of 
applicable securities laws. All statements contained herein that are not 
clearly historical in nature may constitute forward-looking statements. 

Generally, such forward-looking information or forward-looking statements can 
be identified by the use of forward-looking terminology such as "plans", 
"expects" or "does not expect", "is expected", "budget", "scheduled", 
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or 
"believes", or variations of such words and phrases or may contain statements 
that certain actions, events or results "may", "could", "would", "might" or 
"will be taken", "will continue", "will occur" or "will be achieved". The 
forward-looking information and forward-looking statements contained herein 
include, but are not limited to, statements regarding: the Company's ability to 
accelerate the world's transition to a circular resource economy; the Company's 
ability to complete the due diligence with respect to the Acquisition; the 
capabilities of the Assets subject to the Acquisition; the anticipated synergy 
between the Assets and the Company's proprietary responsible resource recovery 
and environmental remediation solutions; the Acquisition's ability to 
strengthen the Company's technical, environmental, and operational 
capabilities; the ability of the Company to execute binding agreements with 
respect to the Acquisition; receipt of regulatory approval of the Acquisition; 
and the Company's expansion of its reprocessing pipeline.  Forward-looking 
information in this news release are based on certain assumptions and expected 
future events, namely: the Company's ability to continue as a going concern; 
the continued commercial viability and growth in the clean technology and 
mining waste reprocessing industry; continued approval of the Company's 
activities by the relevant governmental and/or regulatory authorities; the 
continued development of clean technology and mining waste reprocessing 
technology; the continued growth of the Company; the Company's ability to 
complete the due diligence; the Company's ability to close the Acquisition; the 
Company's ability to effectively integrate the Assets with its current 
capabilities;  the ability of the Company and HTX to execute binding agreements 
with respect to the Acquisition; and the ability of the Company and THX to 
receive regulatory approval of the Acquisition. These statements involve known 
and unknown risks, uncertainties and other factors, which may cause actual 
results, performance or achievements to differ materially from those expressed 
or implied by such statements, including but not limited to: the potential 
inability of the Company to continue as a going concern; the Company's 
inability to accelerate the world's transition to a circular resource economy 
the risks associated with the mining and mining waste recycling industry in 
general; increased competition in the clean technology and waste reprocessing 
market; the potential unviability of the clean technology and mining waste 
reprocessing market; incorrect assessment of the value and potential benefits 
of various transactions; risks associated with potential governmental and/or 
regulatory action with respect to clean technology and mining waste 
reprocessing; risks associated with a potential collapse in the value of clean 
technology and waste reprocessing; risks associated with the Company's 
potential inability to attain board, shareholder and/or regulatory approval 
with respect to the Acquisition; risks associated with the Company's potential 
inability to complete the due diligence and execute binding agreements with 
respect to the Acquisition; the risks associated with the potential inability 
of the Company to integrate the Assets with its current proprietary solutions; 
the risks that the Acquisition may not strengthen the Company's technical, 
environmental, and operational capabilities; and risks relating to the 
Company's potential inability to expand its reprocessing pipeline.

Readers are cautioned that the foregoing list is not exhaustive. Readers are 
further cautioned not to place undue reliance on forward-looking statements, as 
there can be no assurance that the plans, intentions or expectations upon which 
they are placed will occur. Such information, although considered reasonable by 
management at the time of preparation, may prove to be incorrect and actual 
results may differ materially from those anticipated. Forward-looking 
statements contained in this news release are expressly qualified by this 
cautionary statement and reflect the Company's expectations as of the date 
hereof and are subject to change thereafter. The Company undertakes no 
obligation to update or revise any forward-looking statements, whether as a 
result of new information, estimates or opinions, future events or results or 
otherwise or to explain any material difference between subsequent actual 
events and such forward-looking information, except as required by applicable 
law.

SOURCE  EnviroGold Global