Blackrock Gold Corp. Announces Settlement of Approximately $47,000 of Outstanding Liabilities and Listing on the OTCQB 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 announce that 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 opportuni ty 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.