Kapuskasing Gold Announces Results of Annual General & Special Meeting of Shareholders

KAPUSKASING GOLD ANNOUNCES RESULTS OF ANNUAL GENERAL & SPECIAL MEETING OF SHAREHOLDERS

June 23, 2015 – Kapuskasing Gold Corp. (TSX-V: KAP) (the “Company” or “KAP”) is pleased to announce that all resolutions were approved by Shareholders of the Company at its June 23, 2015 Annual General and Special Meeting of Shareholders. This included the election of directors, re-appointment of Davidson & Company, Chartered Accountants, as auditors, and approval of the Company’s New Stock Option Plan (“New Plan”).

The shareholders re-elected Dean Nawata, Andrew Davidson, John Kiernan, J. Garry Clark and Jonathan Armes to the Board of Directors.

There are 2,572,765 listed shares reserved for issuance under the New Plan representing 10% of the issued and outstanding shares of the Company. The New Plan remains subject to the approval of the TSX Venture Exchange.

Kapuskasing Gold

Kapuskasing Gold has 6 gold properties located along extensions of the Destor-Porcupine or Borden Gold project. All of the properties, with the exception of Rollo, are situated within the Kapuskasing structural zones and have potential similarities to Goldcorp's Borden Gold project. A detailed map and property descriptions can be viewed on the Company’s website: www.kapgold.com.

On behalf of the Board of Directors of Kapuskasing Gold Corp.,

“Dean Nawata”

Dean Nawata President & CEO, Director Phone 1-604-561-2821

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.

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