Early Warning Reporting for the Acquisition of Securities of Ranchero Gold Corp.

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Oct. 08, 2021 (GLOBE NEWSWIRE) — Mr. Gustavo Mazón experiences that he acquired oblique possession and management of an mixture of 39,291,018 widespread shares of Ranchero Gold Corp. (previously, Melior Sources Inc.) (the “Firm”) by means of the trade of previously-held widespread shares of the personal entity Ranchero Gold Corp. pursuant to the reverse takeover transaction of the Firm described within the submitting assertion dated September 30, 2021 (the “Submitting Assertion”) filed on SEDAR underneath the Firm’s profile.

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Instantly previous to the Transaction, Mr. Mazón didn’t not directly or instantly maintain any securities of the Firm. Instantly following the Transaction, Mr. Mazón owns not directly by means of the entities Inmopitic, S.A. de C.V., Golden Calf Mining S.A. de C.V., GC Grupo Cimarron, S.A. de C.V., Grupo Minero Tom Hast S.A. de C.V. and Inmuebles del Norte de Sonora, S.A. de C.V. an mixture of 39,291,018 widespread shares of the Firm, which represents roughly 59.77% of the issued and excellent widespread shares of the Firm on an undiluted foundation.

The widespread shares of the Firm managed by Mr. Mazón are for funding functions solely, and are topic to phrases of a Kind 5D – Escrow Settlement of the TSX Enterprise Trade, as extra significantly described within the Submitting Assertion. Mr. Mazón presently has no plans or intentions that relate to, or would lead to, any of the actions requiring disclosure underneath relevant early warning reporting provisions. In accordance with relevant securities legal guidelines, Mr. Mazón might, from time-to-time, purchase extra securities of the Firm within the open market or in any other case, and reserves the fitting to get rid of all or any of such securities from time-to-time, and to have interaction in related transactions with respect to such securities, the entire relying on market circumstances, the enterprise and prospects of the Firm and different related elements, topic to relevant escrow restrictions.

An early warning report respecting this acquisition (the “Early Warning Report”) might be filed with the British Columbia, Alberta, Manitoba and Ontario Securities Commissions and might be out there for viewing on SEDAR underneath the profile of the Firm. To acquire a replica of the Early Warning Report, please contact Mr. Mazón by phone at +52 662 437 8520. The handle of Mr. Mazón is Hidalgo #74, Colonia Centenario, CP. 83260, Hermosillo, Sonora México.

“Gustavo Mazón”        
GUSTAVO MAZÓN