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KGC.V ·

KESTREL GOLD INC. announces resignation of CFO and appointment of Interim CFO

Management Changes

KESTREL GOLD INC. announces resignation of CFO and appointment of

Interim CFO

VANCOUVER, British Columbia, May 10, 2018 -- Kestrel Gold Inc. (the “ Corporation” or “Kestrel”) (TSX-V:KGC) announces

that Brendan Reeve has resigned as the Chief Financial Officer of the Corporation and Kevin Nephin has been appointed to the

position of Interim Chief Financial Officer of the Corporation.  The Corporation would like to thank Mr. Reeve for his contribution

and service to the Corporation.

About Kestrel Gold Inc.

Kestrel Gold Inc. holds a 100% interest in the King Solomon’s Dome project and has options to earn a 100% interest in three

gold projects totaling approximately 4,200 hectares located within the Yukon portion of the Tintina Gold Belt, as well as four

copper-gold projects in British Columbia, Canada, north of the Red-Chris copper-goldmine, totaling approximately 7,200

hectares.  Numerous mineralized occurrences exist on these various properties and each has an excellent data base from

previous work.  Kestrel’s proposed 2018 work programs will focus on further enhancing the value of these projects.

For further information contact:

Kevin Nephin, President and CEO

Office (604) 799-2456

[email protected]

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.