Engineer GOLD Announces Non-Brokered Private Placement

ENGINEER GOLD MINES LTD.

Suite 804 - 750 West Pender Street

Vancouver, B.C. V6C 2T7

Telephone: 604-682-2928

Fax: 604-685-6905

www.engineergoldmines.com

For Immediate Release

ENGINEER GOLD

ANNOUNCES NON-BROKERED

PRIVATE PLACEMENT

Vancouver, B.C., September 26, 2019. Engineer Gold Mines Ltd. (EAU: TSX-V) announces a

non-brokered private placement to raise up to $210,000 through the issuance of up to 2,100,000

units (“Unit”) at a price of $0. 10 per each Unit. Each Unit will be comprised of one common

share and one -half of one share purchase warrant (a “Warrant”). Each whole Warrant is

exercisable to purchase one common share of the Company at a price of $0.15 per share for a

period of 30 months from the date of closing of the financing.

The private placement is subject to TSX Venture Exchange approval and all securities are

subject to a four month hold period. Finder’s fees may be payable in connection with the private

placement, all in accordance with the policies of the TSX Venture Exchange.

The proceeds will be used for the on- going Phase 1 exploration program at the Engineer Gold

Mine Property, 32 km west of Atlin in northern BC, and general working capital.

This press release does not constitute an offer of sale of any of the foregoing securities in the

United States. None of the foregoing securities have been and will not be registered under the

U.S. Securities Act of 1933, as amended (the “1933 Act”) or any applicable state securities laws

and may not be offered or sold in the United States or to, or for the account or benefit of, U.S.

persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent

registration or an applicable exemption from such registration requirements. This press release

does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale

of the foregoing securities in any jurisdiction in which such offer, soli citation or sale would be

unlawful.

About Engineer Gold Mines Ltd.

Engineer Gold is a recently listed Company focused on the explor ation and development of the

100%-owned, 12,032 ha Engineer Gold Mine Property, centered on the Historic high- grade

Engineer Gold Mine situated 32 km southwest of Atlin, B.C. Previous work has identified a

small, Inferred high-grade gold Mineral Resource, numerous high -grade vein and shear -hosted

bulk-tonnage gold exploration targets and a small, high- grade gold production opportunity.

Engineer Gold is fully permitted for surface and underground exploration drilling , small-scale

test mining and on-site milling at the Engineer Gold Mine Property.

For additional information please visit the company website at www.engineergoldmines.com.

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On behalf of the Board of Directors, For further information, please contact:

Mr. Brian P. Fowler, P.Geo. Nelson Da Silva

President and Director Manager Corporate Communications

[email protected] (604) 722-0041

Cautionary Note Regarding Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Service s Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain forward looking statements which involve known and unknown risks,

delays, and uncertainties not under the control of Engineer Gold Mines Ltd. which may cause actual

results, performance or achievements of Engineer Gold Mines Ltd. to be materially different from the

results, performance or expectation implied by these forward looking statements. By their nature, forward

looking statements involve risk and uncertainties because they relate to events and depend on factors that

will or may occur in the future. Actual results may vary depending upon exploration activities, indust ry

production, commodity demand and pricing, currency exchange rates, and, but not limited to, general

economic factors. Neither the 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.