V6C 2C2 Telephone: (604) 683-8610 Facsimile: (604) 683-8605

GOLDEN PEAK MINERALS INC.

SUITE 200 – 551 HOWE STREET VANCOUVER, BRITISH COLUMBIA, V6C 2C2

Telephone: (604) 683-8610 Facsimile: (604) 683-8605

NEWS RELEASE

March 24, 2015

GOLDEN PEAK MINERALS INC. (the “Company”) (TSX-V: “GP”) announces that the Company has altered its Articles to include advance notice provisions relating to the nomination of individuals for election of directors. These provisions are designed to: (i) facilitate orderly and efficient shareholder meetings at which directors are to be elected; (ii) ensure that all shareholders, including those participating in a shareholders’ meeting by proxy rather than in person, receive adequate notice of all director nominations and sufficient information with respect to all nominees; and (iii) allow shareholders to register an informed vote. This alteration of the Company’s Articles was approved by shareholders at the Company’s Annual and Special General Meeting held on November 28, 2014.

A more detailed discussion of the advance notice provisions is contained in the Company’s management information circular dated October 24, 2014 prepared in conjunction with the Annual and Special General Meeting, a copy of which is available for review on SEDAR at www.sedar.com.

About the Company

The Company is engaged in mineral exploration in British Columbia with the objective to locate and develop economic precious and base metals properties of merit.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ “Robert Coltura”

Robert Coltura, President and Chief Executive Officer

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.