Golden Pursuit Announces Effective Date of Consolidation of Shares

GOLDEN PURSUIT RESOURCES LTD.

652 Millbank

Vancouver, B.C. V5Z 4B7

NEWS RELEASE

GOLDEN PURSUIT ANNOUNCES EFFECTIVE DATE OF CONSOLIDATION OF SHARES

April 6, 2020 Symbol: GDP

Vancouver, B.C., Canada, April 6, 2020 – Golden Pursuit Resources Ltd. (the “ Company”) announces that

further to its news release of March 25, 2020, the Company will consolidate its issued and outstanding

common shares on the basis of two (2) existing common shares fo r one (1) new common share of the

Company (the “Consolidation”).

The Company’s common shares are expected to begin trading on a consolidated basis on the TSX Venture

Exchange on April 9, 2020. The new CUSIP is 38117L202 and the new ISIN is CA38117L2021.

GOLDEN PURSUIT RESOURCES LTD.

Per: “Brian McClay”

Brian McClay, President

CONTACT INFORMATION:

Brian McClay

Email: [email protected]

Tel: (604) 730-6982

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.