#1ALMA GOLD INC. EXPLORING GUINEA - WEST AFRICA KARITA GOLD PROJECT February 2022#2FORWARD-LOOKING INFORMATION This presentation contains "forward looking information", which may include, but is not limited to statements with respect to the future financial or operating performance of Alma Gold Inc. and its subsidiaries and mineral projects, the future price of gold, the estimation of Mineral Resources, operating and exploration expenditures, costs and timing of development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation, environmental risks, reclamation expenses, title disputes or claims, and limitations of insurance coverage. Often, but not always, forward looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "anticipates", or "believes" or variations. (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might" or "will" be taken, occur or be achieved. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Alma Gold Inc. and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, general business, economic, competitive, political and social uncertainties the actual results of current exploration activities conclusions of economic evaluations changes in project parameters as plans continue to be refined future price of gold, possible variations of ore grade or recovery rates, failure of plant, equipment or processes to operate as anticipated accident, labour disputes and other risks of the mining industry, and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although Alma Gold Inc. has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward looking statements contained herein are made as of the date of this presentation and Alma Gold Inc. disclaims any obligation to update any forward looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Alma Gold Inc. undertakes no obligation to update forward looking statements if circumstances or management's estimates or opinions should change. Accordingly, the reader is cautioned not to place undue reliance on forward looking statements. Cautionary Statements This presentation contains scientific and technical information with respect to adjacent or similar mineral properties to Alma Gold's mineral properties, which Alma Gold has no interest in or rights to explore. Readers are cautioned that any information regarding mineral resources and reserves, geology, mineralization, and production history on adjacent or similar properties is not necessarily indicative of the mineralization on Alma Gold's properties. The source and date of historical estimates and production numbers on adjacent or similar mineral properties have been identified herein including references to any existing NI 43-101 technical reports. Qualified Person Statement All scientific and technical information contained in this presentation has been prepared and approved by Paul Ténière, M.Sc., P.Geo., an Independent Director of Alma Gold, who is a Qualified Person as defined by NI 43-101. Mr. Ténière has verified the scientific and technical information disclosed in this presentation by reviewing and referencing published scientific and government reports, existing NI 43- 101 technical reports, and news releases related to Alma Gold's properties that outline their geology and structure, mineralization potential, and deposit style. ALMA GOLD INC. almagoldinc.com 2#3MANAGEMENT Greg Isenor, P.Geo. President & CEO, Director Mr. Isenor is a member of the Association of Professional Geologists of Nova Scotia. He is a Director of Roscan Gold Corp engaged in gold exploration in Western Mali and a CFO and Director of Sylla Gold also exploring for gold in Mali. Mr. Isenor was President, CEO and Director (2005 to 2017) of Merrex Gold Inc. until it was taken over by IAMGOLD Corp. During that time, Merrex discovered two significant gold deposits in Mali, the Siribaya deposit and with JV partner IAMGOLD, the Diakha deposit. Previously, Mr. Isenor was the President, CEO and Director (2003 to 2005) of Jilbey Gold Exploration Ltd. until Jilbey was acquired by High River Gold Mines Limited. During Mr. Isenor's time with Jilbey, Mr. Isenor led the team that identified the Bissa gold deposit in Burkina Faso (West Africa), which was placed into production by Nord Gold. James Henning, CPA, CA CFO Mr. Henning is a Chartered Accountant and the founder and president of Corpfinance Advisors Inc. since 1984. Mr. Henning has solid expertise and practical experience in valuating businesses in a broad range of industries. He has assisted companies in financing, public offerings and restructuring. Areas of expertise include retail cannabis, manufacturing, telecommunications, software, biomedical, oil and gas services, and renewable energy industries. Mr. Henning has served as a Chief Financial Officer and director for a number of TSX Venture Exchange and Canadian Securities Exchange-listed companies over the past several years including Stellar AfricaGold Inc. and Major Precious Metals Corp. ALMA GOLD INC. almagoldinc.com 3#4DIRECTORS Maurice Giroux Independent Director Mr. Giroux is a geologist with over 40 years of experience in mine exploration particularly in West Africa including Guinea where he has been active for 21 years. He was notably involved in the discovery of three gold and diamond mines that are under commercial development today. Lauren McCrae Independent Director Ms. McCrae is a public affairs, marketing, and brand researcher currently working with WorkSafe BC as a Manager, Experience. She is multilingual and holds a BA in International Studies from York University, a Masters in International Security from the Paris Institute. of Political Studies, Paris, and a MSc in International Political Economy with distinction from the London School of Economics. Ms. McCrae has significant ESG knowledge and international development experience in Africa including Mali. Eugene Hodgson Independent Director Mr. Hodgson is an accomplished senior executive with over 30 years of public and private sector experience. He is the President of Fabled Copper Corp., a copper exploration company focused on British Columbia. In addition to his executive roles, Mr. Hodgson is a Director of Century Metals Inc., Rover Metals Inc., and Red Lake Gold Inc. He holds a Bachelor of Arts (Political Science) from the University of Calgary. Paul Ténière, P.Geo. Independent Director Mr. Ténière is a Professional Geologist with nearly 25 years of diverse experience in the mining and oil & gas sectors in Canada, United States, and internationally. He is a mining. consultant and acts as a Technical Advisor for several mining companies. Mr. Ténière is also an officer and/or director of Metallica Metals Corp., Major Precious Metals Corp., and Monarca Minerals Inc. He holds a B.Sc. (Hon) in Earth Sciences from Dalhousie University and a M.Sc. in Geology from Acadia University ALMA GOLD INC. almagoldinc.com 4#5CORPORATE STRUCTURE CSE CANADIANⓇ SECURITIES EXCHANGE The Exchange For Entrepreneurs 3 E Alma Gold listed on CSE under "ALMA" on Oct 7, 2021 67,745,625 shares issued and outstanding DOC $ Raised $750,000 @ $0.10 per share on Apr 28, 2021 New management and board confirmed on Jan 28, 2022 with a new focus on Guinea, West Africa ALMA almagoldinc.com GOLD INC. сл#6Karita Gold Corporation Guinea Project Geological Map showing Karita Permits WGS 84/UTM Zone 29N October 13, 2020 Serge Fortin Senegal-Mali Shear Zone MALI WEST AFRICA GOLD Karita Gold Project, Guinea West Africa continues to be one of the most prolific gold exploration and production regions worldwide. Alma Gold acquired Karita Gold Corp in February 2021, no prior exploration for gold on the Karita Property Karita Project is 392.1 km² in size within the Birimian rocks of Guinea, West Africa, just west of the Senegal- Mali Shear Zone (SMSZ). A total of 4 Exploration Permits are located immediately adjacent to IAMGOLD's newly discovered Karita deposit. Southwest-trending second order structures extending. off the SMSZ continue to produce gold mines and new discoveries in Senegal to the north of Guinea. Geophysical interpretations indicate these structures extend into Guinea. Karita includes local, highly-respected Guinean partner. LEGEND FORMATIONS OF THE BIRIMIAN WINDOW (Lower Proterozoic) Calc-alkaline (Monzogranite) Calc-alkaline (Pyroxene & K-Feldspar) Calc-alkaline (Amphibole) Volcanoclastic Rocks Calc-alkaline Volcanoclastics & Andesites Tholeiitic Andesites Tholeiitic Basalts Kakadian-Badon Batholith Birimian Metadiments FALEME Inferred Birimian Formations in Guinea RIVER Inferred Shear Structure (Related to Senegalo-Malian Shear Zone) FORMATIONS OUTSIDE BIRIMIAN WINDOW (Upper Proterozoic / Paleozoic) Madina-Kouta & Oundou Sedimentary Formations (Upper Proterozoic) Faleme Sedimentary Formation Dolerites (Paleozoic) Undifferentiated Upper Proterozoic formations GENERALS INFORMATION National Boundaries Gold Mine 0 MAL SENEGAL Sabodala Gold Deposits and Showings Topographic Scarp 25 Km Mako Massawa >SENEGAL SENEGAL ? ? ? GUINEA Sadiola Main Transcurrent Zone X X SENEGAL X GUINEA Karita permits X ALMA GOLD INC. almagoldinc.com Limits of KALT AMI Loulo Gounkoto Tabakoto SENEGAL MALI Fekola Seko✓ ☆Kabaya ⭑Mankouke Centre> Mankouke Boto Karita Sud Diakha Siribaya MALI GUINEA FALEME RIVER 6#7PROLIFIC BIRIMIAN GREENSTONES Karita Gold Project, Guinea Alma Gold's management team have extensive experience discovering and exploring major gold deposits within the Birimian-aged greenstone rocks and SMSZ in West Africa. Successful discoveries utilize a program of termite mound sampling, followed by air core (AC) or rotary air-blast (RAB) drilling, and diamond drilling. Reconnaissance prospecting program completed by Alma Gold has identified Birimian rocks and artisanal gold workings. Alma Gold's local exploration team (Touba Mining) has completed a large termite sampling program over the permits with a total of 4,357 samples collected & assay results are expected shortly. Termite mound results should identify any gold. anomalies to then be confirmed with AC drilling 1365000N NOOO Guinea Western Karita Gold Project Africa Road Country Border Waterway Karita Gold Permit IAMGOLD Permit 210000E Senegal Guinea 225000E 240000E N 210000E 225000E IAMGOLD CORPORATION Mali Karita Gold Karita Gold Project Guinea, Africa Permit Location A Date: Dec 2020 WGS84 UTM Zone 29N 5 10 km 1380000N 1365000N ALMA GOLD INC. almagoldinc.com 7#8ADJACENT GOLD DEPOSITS 1380000 237500 In October 2019, IAMGOLD announced a new gold discovery on their Karita permit based on 16 RC drill holes. Karita is contiguous with Alma Gold's Karita permit area and along trend to Boto (Senegal) and Diakha-Siribaya (Mali) gold deposits. Selected RC drill intersections along a 1.6km anomalous strike length include (not true width): → KRC19-001: 13 m at 2.90 g/t Au. → KRC19-006: 29 m at 2.96 g/t Au. KRC19-009: 16 m at 3.17 g/t Au. KRC19-010: 22 m at 2.27 g/t Au. KRC19-011: 21 m at 9.01 g/t Au. Oriole Resources PLC's Senala Project is located 3.4 km north of Karita permit area in Senegal and includes adjacent Madina Bafé target which returned 9.6 m @ 16.08 g/t Au from diamond drill hole MMDD-002. (source: Oriole Resources website) 1370000 Senegal Guinea * RC drill hole results reference: IAMGOLD news release dated October 2, 2019. Please refer to cautionary statements on Slide 2. ALMA GOLD INC. almagoldinc.com Boto Deposit 242500 Karita Discovery Mali Termite Au_ppb <10 Diakha Deposit 10-30 30-50 50-100 100-150 150-500 > 500 Legend Granitoid Greywackes Metamorphic Aureole Pelites ■ SMSZ Upper Prot Arenites Carbonated sdt 0 0.5 1 2 Km Inter. Borders 237500 Pelt, Tuff,Car, Volc 242500 8 1370000 1380000#9DISCOVERY TEAM The Exploration Team has been working together since 2003 in the West African Greenstones Greg Isenor, P.Geo. President and CEO, Director Jilbey Gold-President & CEO - 2004 to 2007 - buy out by High River Gold Merrex Gold-President & CEO - 2008 to 2017 - buy out by IAMGOLD Roscan Gold - 2017 to Present - Originally President & CEO, then Executive Vice Chairman, and now Independent Director Alma Gold Inc - 2021 to Present - President & CEO, Director ALMA GOLD INC. Jean-Marc Gagnon, P.Eng., MBA Touba Mining Exploration Consultant Exploration Team Jilbey Gold Merrex Gold Roscan Gold almagoldinc.com Merrex Gold Roscan Gold Lamine Camara Country Manager, Geologist: Conakry office Merrex Gold 9#10TRACK RECORD Management's Track Record of Success in West Africa Green Stones Burkina Faso Jilbey Gold Discovered, Bissa Hill Deposit - 5M+ oz gold Company sold to High River Gold in 2008. Merrex Gold Discovered Siribaya-Diakha & Karita deposits. Company Sold to IAMGOLD in 2017 ALMA GOLD INC. RED SEA Mali Mali Roscan Gold Currently drilling Kandiole/Mankouke South discovery Guinea Alma Gold Karita Gold Corp (KGC) staked exploration permits over Karita in Oct 2020 Current management funded acquisition and initial prospecting program for Karita Alma Gold acquired KGC and Karita Project in Feb 2021 almagoldinc.com 10#11KARITA EXPLORATION PLANS 1. Initial mapping/prospecting program (Ongoing) → Designed to map showings/artisanal workings on strike of known gold bearing structures projected from the north. 2. Regional Termite Sampling Program (Completed in 2021, awaiting assay results) → Designed similarly to initial sampling programs utilized in Mali to identify geochemical anomalies for immediate drill testing. 3. Maiden air core drilling program on Karita Project (Subsequent to follow-up financing) → Establish continuity of geochemical anomalies and gold endowment and then follow-up with detailed diamond drilling program. ALMA GOLD INC. almagoldinc.com 11#12ALMA GOLD INC. 1550 Bedford Highway Suite 802, Sun Tower Bedford, Nova Scotia B4A 1E6 For more information contact: Greg Isenor e: [email protected] p: 902-221-2329 almagoldinc.com