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FVL.TO ·

Results of the Annual and Special General Meeting

Shareholder Meetings

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For Immediate Release www.freegoldventures.com

Results of the Annual and Special General Meeting

June 29, 2018 (Vancouver, BC) -- Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold", the

Company) today announced that all matters set out in the Management Information Circular dated May 28, 2018

for the 201 8 Annual and Special General Meeting of Shareholders held on June 29, 201 8 (the “Meeting”) were

approved by the sharehold ers. 77,283,285 shares were voted representing approximately 44.41% of the

outstanding shares of the Company.

The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election

of directors are set out below:

Nominee # of Votes For % of Votes For # of Votes Withheld % of Votes Withheld

Gary Moore 77,209,019 99.90 74,266 0.10

Kristina Walcott 77,209,019 99.90 74,266 0.10

Alvin Jackson 77,209,019 99.90 74,266 0.10

David Knight 77,209,852 99.90 73,433 0.10

Garnet Dawson 77,209,019 99.90 74,266 0.10

Gregory Hanks 77,208.936 99.90 74,349 0.10

Glen Dickson 77,208,936 99.90 74,349 0.10

Ron Ewing 77,208,936 99.90 74,349 0.10

Reagan Glazier 77,209,769 99.90 73,516 0.10

The Company’s shareholders a pproved the appointment of Davidson & Company LLP , Chartered Professional

Accountants as the auditors of the Company.

The Company’s shareholders re-approved the stock option plan.

Each of the matters voted upon at the Meeting is discussed in detail in th e Company’s Information Circular dated

May 28, 2018 which is filed under the Company’s profile at www.sedar.com.

At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, Gary Moore was

appointed as Chairman of the Board, and the following individuals were re-appointed as officers of the Company:

Kristina Walcott, President & Chief Executive Officer, Gordon Steblin , Chief Financial Officer, Alvin Jackson, Vice

President, Exploration & Development and Taryn Downing, Corporate Secretary.

The Board of Directors appointed Gary Moore (Chair), Garnet Dawson, and Ron Ewing as the audit committee and

Glen Dickson (Chair), Gary Moore, and Gregory Hanks as the compensation and corporate governance committee

and Ron Ewing (Chair), Glen Dickson, and Gary Moore as the nominating committee.

For further information:

Kristina Walcott-President and CEO

Telephone: 1.604.662.7307

[email protected]

Some statements in this news release con tain forward-looking information, including without limitation statements

as to planned expenditures and exploration programs. These statements address future events and conditions and,

as such, involve known and unknown risks, uncertainties and other fact ors which may cause the actual results,

performance or achievements to be materially different from any future results, performance or achievements

expressed or implied by the statements. Such factors include without limitation the completion of planned

expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

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See Freegold’s Annual Information Form for the year ended December 31st, 2017 filed under Freegold’s profile at

www.sedar.com for a detailed discussion of the risk factors associated with Freegold’s operations.