Mr. Louis Morin reports

OPUS ONE ANNOUNCES UNITS AND FLOW-THROUGH SHARES PRIVATE PLACEMENT

Opus One Gold Corp. has arranged a non-brokered private placement for gross proceeds of up to $2-million from the sale of (i) units of the company at a price of 5.5 cents per unit with each unit comprising one common share of the company and one-half of one share purchase warrants for total gross proceeds of $500,000 and (ii) flow-through shares of the company for total gross proceeds of $1.5-million. Each FT share shall be issued at price per FT share of 6.5 cents and will be issued as a flow-through share as such term is defined in the Income Tax Act (Canada).

Each warrant will entitle thereof the right to acquire one additional common share of the company at a price of 10 cents per share for a period of 24 months following the closing of the offering. The units and FT shares will be offered by way of the accredited investor exemption under National Instrument 45-106 -- Prospectus Exemptions in all the provinces of Canada. The units and FT shares will be subject to a four-month hold period in Canada following the closing of the offering.

The gross proceeds from the issuance of the FT shares will be used for Canadian exploration expenses and will qualify as flow-through mining expenditures, as defined in Subsection 127(9) of the Income Tax Act (Canada), which will be incurred on or before Dec. 31, 2026, and renounced to the subscribers with an effective date no later than Dec. 31, 2025, in an aggregate amount not less than the gross proceeds raised from the issue of the FT shares. In addition, with respect to Quebec resident subscribers of FT shares and who are eligible individuals under the Taxation Act (Quebec), the Canadian exploration expenses will also qualify for inclusion in the "exploration base relating to certain Quebec exploration expenses" within the meaning of Section 726.4.10 of the Taxation Act (Quebec) and for inclusion in the "exploration base relating to certain Quebec surface mining expenses or oil and gas exploration expenses" within the meaning of Section 726.4.17.2 of the Taxation Act (Quebec).

Closing of the offering is subject to the approval of the TSX Venture Exchange and other customary closing conditions. There can be no assurances that the offering will be completed on the terms set out herein, or at all, or that the proceeds of the offering will be sufficient for the uses of proceeds as set out above.

About Opus One Gold Corp.

Opus One Gold is a mining exploration company focused on discovering high-quality gold and base metals deposits within strategically located properties in proven mining camps, close to existing mines in the Abitibi greenstone belt, northwestern Quebec and Northeastern Ontario -- one of the most prolific gold mining areas in the world. Opus One holds assets in the Val d'Or and Matagami mineral districts.

We seek Safe Harbor.