Jet Gold Announces Private Placement of Units and Provides Listing Update

JET GOLD CORP.

Suite 162, 2906 West Broadway, Vancouver, British Columbia, V6K 2G8 Telephone: 604 340 3774 | www.jetgoldcorp.ca

JET GOLD ANNOUNCES PRIVATE PLACEMENT OF UNITS AND PROVIDES LISTING UPDATE

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia, Canada – June 25, 2015 – Jet Gold Corp. (“Jet Gold” or the Company) (TSX-V: JAU) announces that the Company plans on undertaking a non-brokered private placement of up to 4,000,000 units (the “Units”) at $0.05 per Unit for gross proceeds of up to $200,000 (the “Offering”).

Each Unit will consist of one Share and one-half share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to purchase one additional Share (a “Warrant Share”) at a price of $0.075 per Warrant Share for a period of three years from the closing of the Offering.

The Company will pay a finder’s fee on the Offering within the amount permitted by the policies of the TSX Venture Exchange (the “Exchange”). Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The proceeds of the Offering will be used for general working capital purposes.

In other news, the Company announces that it has received notice from the Exchange of its change of listing from a Tier 2 issuer and a review for a transfer to the NEX board of the Exchange. In accordance with the Exchange Policy 2.5, if the Company does not satisfy the requirements for an Exchange Tier 2 company by June 30, 2015, the Company's listing will transfer to NEX. The Company has requested an extension of time from the Exchange in order for it to meet the continued listing requirements.

More information on the Company’s private placement and impending transfer of its listing to the NEX is available by contacting Tim Fernback at 604 340 3774.

Cautionary Statement Regarding “Forward-Looking” Information

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ materially from those expressed or implied by the forward-looking statements contains in this news release. Accordingly, readers would not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

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