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DYG.V ·

Dynasty Gold Announces Close of $333,500 Private Placement

Financings

Press Release 17-10-1

Trading Symbols: TSX-V: DYG

FWB: D5G

OTC: DGDCF

1613 - 610 Granville Street

Vancouver, BC, V6C 3T3

Tel. (604) 633-2100

Fax: (604) 484-3559

www.dynastygoldcorp.com

Dynasty Gold Announces Close of $333,500 Private Placement

October 2, 2017

Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) ("Dynasty"

or the "Company") is pleased to announce that it ha s increased and closed the non-brokered private

placement announced on September 18, 2017. The Com pany has received the Exchange’s approval

to issue 2,668,000 units at $0.125 per unit for gro ss proceeds of $333,500. Each unit consists of one

common share and one common share purchase warrant. Each common share purchase warrant

entitles the holder to purchase one common share at $0.20 for the first year and at $0.25 for the

second year from closing. The Company will have the right to call the outstanding Warrants for

expiry upon 30 days notice in the event that the cl osing price of the common shares of the Company

on the TSX-V is above $0.45 for 10 consecutive trad ing days. The shares and warrants issued are

subject to a four month hold from the date of closi ng of the private placement. Finder’s fees are

payable to a portion of the private placement.

The Company would like to thank its shareholders fo r their continued support and welcome new

shareholders who participated in this private place ment. The proceeds of the private placement will

be used to fund project work and for general working capital.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian gold exploration c ompany currently focused on gold

exploration in North America. For more information on the Company and its project s, please

refer to the website www.dynastygoldcorp.com .

ON BEHALF OF THE BOARD OF

DYNASTY GOLD CORP.

“Ivy Chong”

Ivy Chong, President & CEO

_________________________________

For additional information please contact:

Vancouver Office :

Ivy Chong

Phone: 604.633.2100. Email: [email protected]

This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such

statements will prove to be accurate and actual res ults and future events could differ materially from those anticipated in such statements. The TSX

Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.