Klondike Gold Announces Option Grant

3123 – 595 BURRARD STREET

VANCOUVER, B.C. CANADA V7X 1J1

TELEPHONE: 604-609-6138

FAX: 604-609-6145

WWW.KLONDIKEGOLDCORP.COM

Klondike Gold Announces Option Grant

May 17, 2019 TSX Venture Exchange Symbol – KG

Vancouver, British Columbia, Canada, May 17, 2019, Klondike Gold Corp. (TSX.V: KG; FRA: LBDP; OTC:

KDKGF) (“Klondike Gold” or the “Company”) announces that pursuant to the Company’s Stock Option

Plan, a total of 1,860,000 incentive stock options have been granted to directors, officers, employees, and

consultants of the Company. The options are exercisable at a price of $0.21 per share for a period of 10

years, subject to regulatory approval.

ABOUT KLONDIKE GOLD CORP.

Klondike Gold Corp. is a Canadian exploration company with offices in Vancouver, British Columbia, and

Dawson City, Yukon Territory. The Company is focused on exploration and development of the Lone Star

and Nugget gold targets at the confluence of Bonanza and Eldorado Creeks, within a district scale 5 63

square kilometer property accessible by government maintained roads located on the outskirts of Dawson

City, YT within the Tr’ondëk Hwëch’in First Nation traditional territory.

On behalf of KLONDIKE GOLD CORP.

“Peter Tallman”

President and CEO

(604) 609-6110

E-mail: [email protected]

Website: www.klondikegoldcorp.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.