Klondike Silver – Private Placement Extension

Suite 804 – 750 West Pender Street T: 604.682.2928

Vancouver, B.C., V6C 2T7 Canada F: 604.685.6905

www.KlondikeSilver.com TSX.V: KS / FSE: K1SN

KLONDIKE SILVER – PRIVATE PLACEMENT EXTENSION

September 28, 2018 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS) announces that

in connection with the Company’s financing previously announced on August 24, 2018, the Company has

received a 30 day extension to close the private placement.

About Klondike Silver

Klondike Silver’s Royalty Free Z INC SILVER LEAD land packag e (100 km2) is located i n the S LOCAN

MINING CAMP (Southeast British Columbia – 138 km North of Teck’s Zinc Silver Lead smelter (Trail B.C.)).

Based on the British Columbia MINFILE mineral database, sixty eight (68) of the one hundred and seventy three

(173) past producing Zinc Silver Lead mines in the Slocan Mining Camp are located in the Klondike Silver land

package. Klondike Silver has created the first real opportunity to invest in and properly explore a sizeable portion

of one of the most historic mining camps in British Columbia . Klondike likes to think of the Slocan as the last

best under explored Zinc S ilver Lead camp in Canada. For additional information please visit the company

website www.klondikesilver.com.

CONTACT INFORMATION

Corporate Inquiries:

Dale Dobson: (604) 682-2928

Email: [email protected]

On Behalf of the Board of Directors

Klondike Silver Corp.

"Thomas Kennedy"

Thomas Kennedy, B.Comm., J.D.

CEO, Director

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.