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GOT.V ·

Goliath Grants Stock Options

Share Capital & Compensation

GOLIATH GRANTS STOCK OPTIONS

Toronto, Ontario – August 18, 2019 – Goliath Resources Ltd. (TSX -V: GOT) (FSE: B4IE)

(OTCQB: GOTRF) (the “Company or “Goliath”) wishes to announce that it has granted stock

options for a total of 630,000 common shares of the Company to arms length consultants of the

Company. These stock options are exercisable at CDN $0.10 each, which was the closing price on

August 16, 2019, and will all expire on August 17, 2024. All stock options are governed by the

terms and conditions of the Company's stock option plan.

For more information please contact:

Goliath Resources Limited

Mr. Roger Rosmus

President and Chief Executive Officer

Tel: +1-416-488-2887 x222

[email protected]

www.goliathresourcesltd.com

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.