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Andy Wallace Continues with ALLEGIANT as Technical Advisor

Corporate Updates

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NEWS RELEASE

Andy Wallace Continues with ALLEGIANT as Technical Advisor

Vancouver, BC, Canada, October 17, 2019, Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V) (AUXXF:

OTCQX). ALLEGIANT is pleased to announce that Mr. Wallace has agreed to continue with ALLEGIANT

as a Strategic Technical Advisor. The focus of Mr. Wallace will be to advise on existing ALLEGIANT

projects and to direct the ongoing exploration and development of ALLEGIANT’s flagship Eastside gold

project.

“ALLEGIANT is very pleased to continue its association with Andy Wallace,” commented Peter Gianulis,

President & CEO. “On a personal basis, Andy has been my mentor in the mining and exploration

industry, and I look forward to working closely with him once again. Andy has been responsible for the

acquisition of nearly every single project in ALLEGIANT’s portfolio, including the discovery of our flagship

Eastside project,” added Mr. Gianulis.

Mr. Wallace, a principal of Cordex and a partner of the legendary John Livermore, has spent the past

45 years discovering and developing gold mines, prior to retiring in July 2019. Cordex is credited with

the discovery of an unprecedented nine producing gold mines in Nevada.

ON BEHALF OF ALLEGIANT:

Peter L Gianulis

President & CEO

For more information contact:

Investor Relations

(604) 634-0970 or

1-888-818-1364

[email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this release.

Allegiant Gold Ltd.

1090 Hamilton Street

Vancouver, BC V6B 2R9, Canada

www.allegiantgold.com