Bedford, Nova Scotia--(Newsfile Corp. - August 3, 2021) - Sylla Gold Corp. (TSXV: SYG.H) (the "Company") announces that in conjunction with the Company's recent recapitalization and reorganization phase, Mr. Regan Isenor, a director of the Company, has been appointed President and Chief Executive Officer (CEO) of the Company, effective August 3, 2021. Mr. Jean-Francois Lalonde, the Company's former President and CEO, will continue as a director and has been appointed Chairman.

Regan Isenor, President and CEO of Sylla Gold stated, "Sylla Gold would like to sincerely thank Francois for his years of leadership, including, most recently guiding the Company through the recapitalization and restructuring process. The Company looks forward to continuing to work with Mr. Lalonde in his capacity as Chairman."

Regan Isenor, a director of the Company, has been appointed President and Chief Executive Officer of the Company. Mr. Isenor holds a B.A. from Acadia University and Master's in Project Management from St Mary's University. Formerly CEO of MegumaGold, Mr. Isenor has over 14 years of experience in exploration projects around the world with publicly traded companies involved in the resource sector. Prior to joining MegumaGold Corp., in June of 2018, Regan was involved with various international projects in Turkey (Menderes), West Africa (Burkina Faso, (Bissa Hill deposit), Mali (Siribaya Gold project), Ireland (Zinc), Northern Ontario and Nova Scotia. Mr. Isenor served on the executive and was a past president of the Mining Society of Nova Scotia.

For more information, please contact:

Regan Isenor
President and Chief Executive Officer
Tel: (902) 832-5555
Email: risenor@syllagold.com

Neither 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.

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and includes those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at www.sedar.comForward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

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