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BRC.V ·

Blackrock Gold Corp. Announces Settlement of Approximately $47,000 of Outstanding Liabilities and Listing on the OTCQB Exchange

Listings & Exchange

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

1500 – 409 Granville Street Vancouver, BC, V6C 1T2

Blackrock Gold Corp. Announces Settlement of Approximately $47,000 of Outstanding Liabilities and Listing on the OTCQB Exchange

FOR IMMEDIATE RELEASE TSX-V symbol: BRC

Vancouver, Canada – February 24, 2017 – Blackrock Gold Corp. (“Blackrock” or the

“Company”) (TSXV: BRC) is pleased to announcethat the Company has agreed with certain
creditors to issue up to 626,933 shares of the Company at a deemed price of $0.075 to settle
liabilities of approximately $47,000. The settlement is subject to Exchange approval.

In other developments the Company is pleased to announce it has been approved for trading on the OTCQB in the United States. The Company’s symbol is BKRRF. The Company initiated the listing process to provide US investors the opportunity to invest in Blackrock through a domestic Exchange in US currency.

For further information, please contact:

Michael E. O’Connor CEO Blackrock Gold Corporation Telephone 604-317-6197 Email [email protected]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.