Strikepoint Gold Inc. Announces Closing Private Placement

April 27, 2018, Vancouver, BC –StrikePoint Gold Inc. (TSX.V:SKP) (“StrikePoint” or the Company) is pleased to announce that it has completed a private placement raising $830,000 through the sale of 4,150,000 Units (the “Units”) at a price of $0.20 per Unit. Each Unit consists of one common share and one share purchase warrant with each warrant being exercisable into one additional common share at a price of $0.40 per share until April 27, 2020.

A finder’s fee was paid to Redplug Capital Corp. in the amount of $52,500 and 262,500 finder’s warrants, with each warrant being exercisable into one common share at a price of $0.20 per share until April 27, 2020.

All securities issued in connection with the private placement are subject to a regulatory hold period expiring on August 28, 2017.

The proceeds from the private placement will be used by the Company for general working capital purposes.

Subsequent to the closing of the private placement, StrikePoint advises that it has over $5,000,000 working capital.

Due to insider participation in the private placement, it is considered a related party transaction within the meaning of Multilateral Instrument 61-101 (“MI 61-101”). The participation is exempt from the need to obtain minority shareholder approval and a formal valuation on the basis that insider participation is less than 25% of the Issuer’s market capital.

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun CEO and Director

For more information, contact:

Shawn Khunkhun 604-602-1440 [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.

Suite 507, 837 West Hastings Street Telephone: (604) 602-1440 Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com