(604) 922-2030 info@waterfrontgroup.com

Magnum Goldcorp Announces Officer and Director Changes

West Vancouver, British Columbia – October 8, 2021 – Magnum Goldcorp Inc. (the “Company” or “Magnum”) announces the resignation of Peter Berdusco as President and as a director of the Company, effective September 27, 2021. Mr. Berdusco will remain in an advisory capacity to the Company. Douglas Mason has been appointed as President of the Company and will remain Chief Executive Officer and a Director of the Company. The Company wishes to thank Mr. Berdusco for his dedication and service as President and as a member of the Company’s Board of Directors.

For further information, visit the Company’s website at www.magnumgoldcorp.com.

Magnum Goldcorp Inc.

“Douglas L. Mason”

_________________________________

Douglas L. Mason, CEO

Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release