The effective date of the share consolidation will be at market open on Friday, February 26, 2016,

VANCOUVER, BRITISH COLUMBIA—(February 25, 2016) – StrikePoint Gold Inc. (the "Company" or "StrikePoint") (TSX VENTURE: SKP) announces that, further to its news release dated February 22, 2016, the TSX Venture Exchange has approved a share consolidation of its common shares (the "Common Shares") on a ten (10) old for one (1) new basis.

The effective date of the share consolidation will be at market open on Friday, February 26, 2016, Accordingly, the Company will have approximately 14,302,685 shares issued and outstanding. The Company’s new CUSIP and ISIN numbers are 86332K202 and CA86332K2020 respectively. The trading symbol of the Company will remain “SKP.

No fractional Common Shares will be issued, and no cash will be paid in lieu of fractional postconsolidation Common Shares. The number of post-consolidation Common Shares to be received by a shareholder will be rounded down the nearest whole Common Share.

Letters of transmittal with respect to the consolidation will be mailed to all registered shareholders of the Company. All shareholders who submit a duly completed letter of transmittal along with their respective share certificate(s) representing the pre-consolidated Shares to the Company’s transfer agent, Computershare Trust Company of Canada, will receive a share certificate representing the post –consolidated Shares.

On Behalf of the Board of Directors of Strike Point Gold Inc.

Shawn Khunkhun, President and CEO Tel: (604) 602 1440 Email: [email protected]

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 release.