Roughrider Acquires Option to Acquire Nevada Gold Project

Roughrider Acquires Option to Acquire Nevada Gold Project

VANCOUVER, BC / ACCESSWIRE / July 19, 2017 / Roughrider Exploration Limited (TSX-V:

REL) ("Roughrider" or the "Company") - Further to its News Release dated June 22, 2017,

announcing that it had signed an option to acquire the Iron Butte oxide gold-silver project located along

the western margin of the Battle Mountain-Eureka Gold Trend in Lander County (the "Iron Butte

Project"), the Company is pleased to announce that it has received TSX Venture Exchange approval for,

and acquired, an option (the "Option") to acquire a 100% interest in the Iron Butte Project, subject to

certain royalty interests, from an arm's length private vendor.

In connection with the acquisition of the Option, the Company issued 75,000 common shares (the

"Shares") and paid aggregate cash payments totaling USD $25,000. The Shares are subject to a hold

period expiring November 14, 2017. The terms of the Option agreement are fully disclosed in the

Company's June 22, 2017 news release.

About Roughrider Exploration Limited

Roughrider's focus is exploring the 131,412 hectare (324,728 acre) Genesis uranium project located in the

Wollaston-Mudjatik geological trend extending northeast from Saskatchewan's Athabasca Basin.

Roughrider has the option to earn an 85% interest in Genesis from Kivalliq Energy Corporation.

Roughrider has recently signed an option agreement to acquire a 100% interest in the Iron Butte oxide

gold-silver project located along the western margin of the Battle Mountain-Eureka Gold Trend in Lander

County, Nevada.

For further information, please contact:

Scott Gibson

Chief Executive Officer

604-6970028

Neither 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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain information contained or incorporated by reference in this press release, including any

information as to our strategy, projects, plans or future financial or operating performance, constitutes

"forward-looking statements." All statements, other than statements of historical fact, are to be

considered forward-looking statements. Forward-looking statements are necessarily based on a number

of estimates and assumptions that, while considered reasonable by the company, are inherently subject to

significant business, economic, geological and competitive uncertainties and contingencies. Although the

Company believes the expectations expressed in such forward-looking statements are based on

reasonable assumptions, such statements are not guarantees of future performance. Known and unknown

factors could cause actual results to differ materially from those projected in the forward-looking

statements. Such factors include but are not limited to: fluctuations in market prices, exploration and

exploitation successes, continued availability of capital and financing, changes in national and local

government legislation, taxation, controls, regulations, expropriation or nationalization of property and

general political, economic, market or business conditions. Many of these uncertainties and contingencies

can affect our actual results and could cause actual results to differ materially from those expressed or

implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that

forward-looking statements are not guarantees of future performance and, therefore, readers are advised

to rely on their own evaluation of such uncertainties. All of the forward-looking statements made in this

press release, or incorporated by reference, are qualified by these cautionary statements. We do not

assume any obligation to update any forward-looking statements.

UNITED STATES ADVISORY

The securities referred to herein have not been and will not be registered under the United States

Securities Act of 1933, as amended (the "U.S. Securities Act"), have been offered and sold outside the

United States to eligible investors pursuant to Regulation S promulgated under the U.S. Securities Act,

and may not be offered, sold, or resold in the United States or to, or for the account of or benefit of, a

U.S. Person (as such term is defined in Regulation S under the United States Securities Act) unless the

securities are registered under the U.S. Securities Act, or an exemption from the registration

requirements of the U.S. Securities Act is available. Hedging transactions involving the securities must

not be conducted unless in accordance with the U.S. Securities Act. This press release shall not constitute

an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities

in the state in the United States in which such offer, solicitation or sale would be unlawful.

SOURCE: Roughrider Exploration Limited