Bradley Newell: Early Warning Report in Accordance with Multilateral Instrument 62-104 and National Instrument 62-103 This press release is issued pursuant to Multilateral instrument 62-104 - Take-Over Bids and issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting issues Vancouver, British Columbia--(Newsfile Corp. - February 8, 2021) - Bradley Newell of Vancouver, British Columbia announces that on February 5, 2021 he acquired 1,153,846 common shares of Advance Gold Corp. (TSXV: AAX) (the "Issuer"). Following this acquisition Mr. Newell owns, directly and indirectly, 8,844,151 common shares in the capital of the Issuer representing approximately 16.93% of the Issuer's issued common shares. The shares were acquired pursuant to Mr. Newell's exercise of warrants at an exercise price of $0.08 per share and were acquired for investment purposes, which investment in the issuer will be evaluated and increased or decreased from time to time at Mr. Newell's discretion.