Mr. Robert Eckford reports

RUA GOLD ANNOUNCES THE GRANT OF DEFERRED SHARE UNITS

Rua Gold Inc. has granted 145,417 deferred share units (DSUs) to non-executive directors of the company at a deemed price of 68 cents per DSU, in accordance with the company's DSU plan dated July 24, 2024. The DSUs are subject to a one-year vesting. Each DSU entitles the holder to receive one common share at the time the holder ceases to be a director of the company.

About Rua Gold Inc.

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, the company's team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of Rua Gold's two highly prospective high-grade gold projects.

The company controls the Reefton gold district as the dominant landholder in the Reefton goldfield on New Zealand's South Island, with over 120,000 hectares of tenements, in a district that historically produced over two million ounces of gold grading between nine and 50 grams per tonne.

The company's Glamorgan project solidifies Rua Gold's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki district, a region that has produced an impressive 15 million ounces of gold and 60 million ounces of silver. Glamorgan is adjacent to Oceanagold Corp.'s biggest gold mining project, Wharekirauponga.