King’s Bay Announces Proposed Name Change

August 1st, 2017 –King’s Bay Gold Corporation (the “Company”) (TSX-V: KBG) (FRANKFURT: KGB1), is pleased to announce that it intends to proceed with a name change to “King’s Bay Resources Corp.” (the “Name Change”).

Kevin Bottomley states “this name change to King’s Bay Resources Corp. better reflects our focus on a broader range of commodities rather than just precious metals.”

The Name Change is subject to TSX Venture Exchange approval and the Company will provide further updates regarding the Name Change, including the effective date.

In addition, the Company corrects its news release of July 14, 2017, announcing the issuance of cash finder’s fees payable to certain finder’s in connection with the closing of the private placements. The correct amount of finder’s fees issued was reduced to $4,800 in place of $5,300.

ON BEHALF OF THE BOARD OF DIRECTORS

King’s Bay Gold Corporation

“Kevin Bottomley”

Kevin Bottomley President and Chief Executive Officer Tel: (604) 681-1568 Email: [email protected]

For investment inquiries please contact;

Brad Hoeppner Director Tel: (604) 681-1568 Email: [email protected]

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

Suite 1450 – 789 West Pender Street, Vancouver, BC, V6C 1H2 | Tel: 604.681.1568 | Fax: 604.681.8240