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Early Warning Report Issued Pursuant to National Instrument 62-103 in Respect of the Acquisition of Shares of Goldplay Exploration Ltd.

Mergers & Acquisitions Corporate Actions

Early Warning Report Issued Pursuant to

National Instrument 62-103 in Respect of the

Acquisition of Shares of Goldplay Exploration

Ltd.

VANCOUVER

,

June 25, 2019

/CNW/ - In accordance with regulatory requirements, Mr.

Marcio

Fonseca

, a director and the President and CEO of Goldplay Exploration Ltd. ("

Goldplay

" or the

"

Company

"), reports that he has recently acquired 2,100,000 common shares of Goldplay at a price

of

$0.125

/share pursuant to his participation in the Company's private placement financing, and on

the same day acquired 160,000 common shares of Goldplay at a deemed price of

$0.125

/share

pursuant to completion of a debt settlement transaction with the Company.

Prior to the issuance of these shares, Mr. Fonseca owned or controlled 2,969,889 shares of

Goldplay. Upon completion of these share issuances, Mr. Fonseca now has ownership and control

of 5,229,889 shares representing approximately 9.9% of the outstanding shares of Goldplay on a

non-diluted basis. On a partially diluted basis (assuming the exercise of all 1,267,514 stock options

and 28,312 warrants held or controlled by Mr. Fonseca), Mr. Fonseca would have ownership and

control over approximately 12.1% of the then issued Goldplay shares.

The shares recently acquired by Mr. Fonseca are held for investment purposes only. Mr. Fonseca

may acquire additional Goldplay shares or dispose of Goldplay shares (through market or private

transaction) from time to time.

A copy of the related early warning report may be obtained under Goldplay's profile on the SEDAR

website (

www.sedar.com

) or from Goldplay at Suite 900 – 900 West Hastings Street,

Vancouver

,

BC V6C 2W2.

"

Marcio Fonseca

"

MARCIO FONSECA

SOURCE

Goldplay Exploration Ltd

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/June2019/25/c6635.html

%SEDAR: 00040149E

CO: Goldplay Exploration Ltd

CNW 08:00e 25-JUN-19