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EGM.V ·

REPORTING ISSUER Engold Mines Ltd.

Financings

BC FORM 51-102F3

MATERIAL CHANGE REPORT

REPORTING ISSUER

Engold Mines Ltd.

120 – 601 West Cordova Street

Vancouver, BC V6B 1G1

Date of Material Change

April 4, 2019

Press Release

A press release announcing the following material change was released on April 4, 2019 in

Vancouver, BC through the facilities of CNW and Stockwatch pursuant to 85(1) of the BC

Securities Act.

Summary of Material Change

The Issuer reports that it has closed the non-brokered $200,000 flow through private placement

announced March 29th, 2019. The Company has issued to a single institutional investor

1,666,666 flow-through units at $0.12 per unit (the “Units”) for gross proceeds of $200,000. The

Units consist of one flow-through common share and one half of one warrant to purchase

additional shares, whereby one whole warrant will entitle the holder to purchase one non flow-

through share at a price of $0.16 for period of one year. The Units are subject to a 4 month hold

and will not be tradable before August 6th, 2019.

The Company also paid a finder’s fee of 7% in cash and issued 116,666 warrants to purchase

one common share each for one year at $0.16 to a single finder.

Full Description of Material Change

See attached News Release

Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102

The Issuer is not relying on Subsection 7.1(2) or (3) of National Instrument 51-102

Omitted Information

There have been no omissions to this report.

Executive Officer

David H. Brett

(604) 682-2421

DATED this 4th day of April 2019 in Vancouver, BC Canada

Engold Mines Ltd.

“David Brett”

David Brett,

President & CEO

EnGold Closes $200,000 Flow-Through Financing

For Immediate Release. April 5, 2019. Vancouver, BC. David H. Brett, President & CEO,

EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that the Company has

closed the non-brokered $200,000 flow through private placement announced March 29th, 2019.

The Company has issued to a single institutional investor 1,666,666 flow-through units at $0.12

per unit (the “Units”) for gross proceeds of $200,000. The Units consist of one flow-through

common share and one half of one warrant to purchase additional shares, whereby one whole

warrant will entitle the holder to purchase one non flow-through share at a price of $0.16 for

period of one year. The Units are subject to a 4 month hold and will not be tradable before

August 6th, 2019. The funds will be used for ongoing exploration of EnGold’s 100% owned

copper, gold, silver, magnetite Lac La Hache property in the Cariboo region of BC.

The Company also paid a finder’s fee of 7% in cash and issued 116,666 warrants to purchase

one common share each for one year at $0.16 to a single finder.

About EnGold

EnGold is a Vancouver-based copper/gold exploration company focused solely on its 100%

owned Lac La Hache property in the Cariboo region of BC. EnGold’s vision is to identify and

delineate mineral resources at Lac La Hache that could potentially support an economically

feasible and environmentally sustainable underground mining operation. The Spout Deposit, the

Aurizon Gold Deposit and the 2017 G1 Copper Discovery, located within a 7-kilometer area on

the property, are all considered by EnGold to be potentially underground minable targets. With

world class infrastructure at its doorstep, Lac La Hache is a great location to be exploring.

EnGold’s corporate philosophy rests on three interdependent pillars: Environment, Engagement

and Gold. Through sound environmental stewardship, commitment to transparent engagement

with local communities, the Company is dedicated to driving exceptional shareholder and

stakeholder value by fulfilling its vision to profitably supply valuable and much needed metals to

the global marketplace.

EnGold Mines Ltd.

David Brett

President & CEO

For further info contact David Brett, 604-682-2421 or [email protected]

This news release may contain "forward‐looking statements". Readers are cautioned that any such statements are not guarantees

of future performance and that actual development or results may vary materially from those in these "forward looking statements.”

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.