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GGX.V ·

GGX Gold Corp. announces the passing of Zenaida Manalo

Management Changes

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GGX: TSX-V

GGXXF: OTCQB

FRA: 3SR2

GGX Gold Corp. announces the passing of

Zenaida Manalo

______________________________________________________________________________________

Vancouver, British Columbia – January 8, 2018 – GGX Gold Corp. (TSXV: GGX) (the “Company”

or “GGX”) The Company announces that it is deeply saddened by the passing of Zenaida (Zeny) Manalo,

the Company’s CFO. Ms. Manalo was a dedicated and well respected member of the Company. The

board of directors and management are grateful for her years of service to the Company, and extend to Ms.

Manalo's family and friends their sincere condolences.

The Company is in the process of identifying a replacement CFO to fill the resulting vacancy. In the

interim, the CFO duties are being handled by other members of the Company’s executive team.

On Behalf of the Board of Directors

Barry Brown, President,

604-488-3900

[email protected]

Forward Looking Information

This news release includes certain statements that constitute “forward -looking information” within the

meaning of applicable securities law, including without limitation, the Company’s information and

statements regarding or inferring the future business, operations, financial performance, prospects, and other

plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements

regarding the completion of the proposed transactions. Forward-looking statements address f uture events

and conditions and are necessarily based upon a number of estimates and assumptions. These statements

relate to analyses and other information that are based on forecasts of future results, estimates of amounts

not yet determinable and assumpt ions of management. Any statements that express or involve discussions

with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events

or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is

expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain

actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and

variations of such words, and similar expressions are not statements of historical fact and may be forward -

looking statements. Forward -looking statement are necessarily based upon several factors that, if untrue,

could cause the actual results, performances or achievements of the Company to be materially different from

future results, performances or achievements express or implied by such statements. Such statements and

information are based on numerous assumptions regarding present and future business strategi es and the

environment in which the Company will operate in the future, including the price of gold and other metals,

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anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses

and permits. While such estim ates and assumptions are considered reasonable by the management of the

Company, they are inherently subject to significant business, economic, competitive and regulatory

uncertainties and risks including that resource exploration and development is a spec ulative business; that

environmental laws and regulations may become more onerous; that the Company may not be able to raise

additional funds when necessary; fluctuating prices of metals; the possibility that future exploration,

development or mining resul ts will not be consistent with the Company’s expectations; operating hazards

and risks; and competition. There can be no assurance that economic resources will be discovered or

developed at the Gold Drop Property. Accordingly, actual results may differ materially from those currently

anticipated in such statements. Factors that could cause actual results to differ materially from those in

forward looking statements include continued availability of capital and financing and general economic,

market or business conditions, the loss of key directors, employees, advisors or consultants, equipment

failures, litigation, competition, fees charged by service providers and failure of counterparties to perform

their contractual obligations. Investors are cautioned that forward -looking statements are not guarantees of

future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking

statements due to the inherent uncertainty of such statements. The forward -looking statements included in

this news release are made as of the date hereof and the Company disclaims any intention or obligation to

update or revise any forward -looking statements, whether as a result of new information, future events or

otherwise, except as expressly required by applicable securities legislation.

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