K2 Applies to Extend Warrants

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K2 Applies to Extend Warrants

Vancouver, B.C. – June 10, 2019 – K2 Gold Corporation (“K2” or the “Company”) (KTO: TSX-

V) announces that it has applied to the TSX Venture Exchange (the “ TSXV”) to extend the term

of 3,962,000 common share purchase warrants original ly set to expire on June 12, 2019 (the

“Warrants”) to June 12, 2020.

The Warrants were originally issued pursuant to a private placement of units completed by the

Company in June 8, 2018 (the “2018 Private Placement”). The exercise price of the Warrants

will remain at $0.37 for non flow through warrants and $0.45 for flow through warrants , and the

Warrants will continue to remain subject to acceleration in the event that the common shares of

the Company close at or above $0.60 per share for more than 10 consecutive trading days.

The amendment to extend the expiry date of the Warrants to June 12, 2020 is subject to the

approval of the TSXV. In accordance with TSXV policies, the expiry date of the finder warrants

issued in connection with the 2018 Private Placement will not be extended.

For additional information please contact Stephen Swatton at 604-331-5093.

On behalf of the Board of Directors,

“Stephen Swatton”

President and CEO

K2 Gold Corporation

Forward-Looking Caution:

This news release contains forward -looking statements that are not historical facts. Forward-

looking statements involve risks, uncertainties and other factors that could cause actual results,

performance, prospects and opportunities to differ materially from those expressed or implied by

such forward-looking statements, including statements regarding the extension of the expiry

date of the Warrants . Factors that could cause actual results to differ materially from these

forward-looking statements include, but are not limited to, acceptance of the extension by the

TSXV. The reader is referred to the Company's public disclosure record which is available on

SEDAR ( www.sedar.com). Although the Company believes that the assumptions and factors

used in preparing the forward-looking statements are reasonable, undue reliance should not be

placed on these statements, which only apply as of the date of this news release, and no

assurance can be given that such events will occur in the disclosed time frames or at

all. Except as required by securities laws and the policies of the TSX Venture Exchange, the

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Company disclaims any intention or obligation to update or revise any forward-looking

statement, whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall

there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or

sale would be unlawful, including any of the securities in the United States of America. No

securities of the Company have been or will, in the foreseeable future, be registered under the

United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not

be offered or sol d within the United States or to, or for account or benefit of, U.S. Persons (as

defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and

applicable state securities laws, or an exemption from such registration requirements is

available.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS

THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.