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EAU.V ·

Engineer Gold Applies to Extend Warrants

Share Capital & Compensation

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

Engineer Gold Applies to Extend Warrants

April 29, 2020

Vancouver, BC – Engineer Gold Mines Ltd. (the “Company”) (TSXV: EAU) proposes to

extend the term of 3,800,000 outstanding share purchase warrants which are to expire on June 1,

2020. The new expiration date will now be June 1, 2023.

The warrants were issued pursuant to a non- brokered private placement of units completed by

the Company on June 1, 2018 with an original term of two years. The exercise price of the

warrants will remain at $0.15 per share. The extension of the warrants is subject to the a pproval

of the TSX Venture Exchange.

About Engineer Gold Mines Ltd.

Engineer Gold is focused on the exploration and development of the 100% -owned, 14,020 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 mode st, 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

On Behalf of the Board of Directors

Contact Information

Engineer Gold Mines Ltd. Corporate Inquiries:

"Thomas Kennedy" Dale Dobson: (604) 682-2928

Thomas Kennedy, B.Comm., J.D. Email: [email protected]

CEO, Director

Cautionary Note Regarding Forward-Looking Statements

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.