Golden Tag Completes $3,250,000 Non-Brokered Private Placement, Eric Sprott Maintains Pro-Rata Ownership

Toronto, Ontario, February 28, 2022: Golden Tag Resources Ltd. (“Golden Tag” or the “Company”) (TSX.V: GOG) (OTCQB: GTAGF) is pleased to announce that further to the news release dated February 8, 2022, it has completed the second and final tranche (the “Final Tranche”) of the non-brokered private placement previously announced on January 20, 2022 (the “Offering”). In connection with the Final Tranche, the Company issued an aggregate of 5,833,330 Units at a price of $0.25 per Unit for aggregate gross proceeds of $1,458,332.50.

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