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GG.V ·

Galane GOLD Ltd. – Issues Clarifying Press Release

Regulatory & Compliance

For immediate release

GALANE GOLD LTD. – ISSUES CLARIFYING PRESS RELEASE

TORONTO, ONTARIO – November 28, 2017: Ga lane Gold Ltd. (“Galane Gold” or the

“Company”) (TSX-V: GG), at the request of IIROC, would like to clarify certain

information contained in its previously disseminated November 28, 2017 press release

(the “Press Release”). The comment with regards to the Company’s Galaxy property is

based on a technical report entitled “A Technical Report on the Galaxy Gold Mine,

Mpumalanga Province, South Africa” which was issued January 4, 2016 with an effective

date of September 1, 2015 (the “Galaxy Technical Report”), and was prepared by

Minxcon (Pty) Ltd and approved by Daniel van Heerden, B Eng (Min.), MCom (Bus.

Admin.), Pr. Eng., FSAIMM, AMMSA, a Qualified Person as defined by National

Instrument 43-101. The Galaxy Technical Report satisfies the requirements to be a pre-

feasibility study.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is

defined in the policies of the TSX Ventur e Exchange) accepts responsibility for the

adequacy or accuracy of this release.

For further information please contact:

Nick Brodie

CEO, Galane Gold Ltd.

+ 44 7905089878

[email protected]

www.GalaneGold.com