Golden Reign Announces Stock Option Grant

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June 15, 2016 NEWS RELEASE - #16-09 TSX- V: GRR

GOLDEN REIGN ANNOUNCES STOCK OPTION GRANT

Golden Reign Resources Ltd. (the “Company” or “Golden Reign”)(TSX-V: GRR), announces that it has granted, pursuant to its stock option plan and subject to regulatory approval, 6,000,000 options to directors, officers, employees and consultants at an exercise price of $0.25 per share for a term of five years. The securities represented by this grant will be subject to a four-month hold period.

On behalf of the Board,

“Kim Evans”

Kim Evans, CPA, CGA President

For additional information please visit our website at www.goldenreign.com and SEDAR www.sedar.com.

Forward-Looking Statements: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Such forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to political risks involving the Company’s exploration and development of mineral properties interests, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties. Such information contained herein represents management’s best judgment as of the date hereof, based on information currently available.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.