Dynasty Gold Closes Warrant Incentive Program

Press Release 18-10-2 1613 - 610 Granville Street Vancouver, BC, V6C 3T3

Tel. (604) 633-2100

Trading Symbols: TSX-V: DYG Fax: (604) 484-3559

FWB: D5G www.dynastygoldcorp.com

OTC: DGDCF

Dynasty Gold Closes Warrant Incentive Program

October 29, 2018

Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) ("Dynasty" or the "Company") announces that further to its news release of October 15, 2018, it has received proceeds of $160,000 from the exercise of 1,000,000 share purchase warrants at $0.16 per share pursuant to the Early Warrant Exercise Program (the "Incentive Program"). Proceeds from the Incentive Program will be used to fund exploration program and for general working capital.

Warrants that are not exercised under the Incentive Program will remain outstanding and exercisable at $0.30 per share prior to March 26, 2019, or $0.40 per share prior to March 26, 2020, as the case may be.

“We thank our shareholders for their support, while advancing current properties, we will continue to add quality assets to our portfolio to enhance shareholders’ value,” stated Ivy Chong, President and CEO.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian gold exploration company currently focused on gold exploration in North America. For more information on the Company and its projects, please refer to the website www.dynastygoldcorp.com.

ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

“Ivy Chong”

_________________________________ Ivy Chong, President & CEO For additional information please contact:

Vancouver Office:

Ivy Chong Phone: 604.633.2100. Email: [email protected]

This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.