Goldplay Exploration Announces Closing of Private Placement with Sandstorm Gold Ltd

March 8, 2018, Toronto, Ontario - Goldplay Exploration Ltd. (TSXV: GPLY - the “Company” or “Goldplay”), is pleased to announce that it has now closed on the $900,000 private placement with Sandstorm Gold Ltd. (TSX: SAND, NYSE: SAND) (“Sandstorm”) previously announced March 6, 2018, pursuant to which it has issued 3,000,000 common shares at a price of $0.30/share. All securities issued under this financing are subject to a four month hold period which will expire on July 8, 2018, in accordance with applicable securities legislation.

ON BEHALF OF THE BOARD OF DIRECTORS:

Mr. Marcio Fonseca, President & CEO Goldplay Exploration Ltd.

Telephone: +1 416.499.0747 Email: [email protected]

About Goldplay Exploration Ltd.

Goldplay Exploration Ltd. (TSX-V: GPLY) is an exploration-stage company with strategic exploration portfolio in the Rosario Mining District-Sinaloa, Mexico. Goldplay is currently focused on advancing exploration activities including drilling for its 100%-owned El Habal Project).

Goldplay’s flagship El Habal Project is a low sulphidation epithermal exploration stage project. The Project is located in the vicinity of the historical Au-Ag Rosario Mine (“Rosario Mine”). The Rosario Mine reportedly operated for 250 years. Goldplay’s team has over 30 years’ experience with senior roles in exploration, financing and development in the mining industry, including over 10 years of extensive exploration experience in the Rosario Mining District, leading to previous successful discoveries. A current NI 43-101 report on The El Habal Project is filed on SEDAR.

Neither the 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 press release.