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LPK.V ·

Lupaka Announces Annual Grant of Incentive Stock Options

Share Capital & Compensation

Lupaka Announces Annual Grant of Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA, November 22 , 2018 -- Lupaka Gold Corp.

("Lupaka Gold " or the “ Company") (TSX -V: LPK, FRA: LQP) reports that effective

November 2 1, 201 8, the Company has granted, pursuant to its 2010 Incentive Stock

Option Plan, 1,725,000 incentive stock options to employees , consultants, officers and

directors of the Company . Including this issuance, outstanding options represent

approximately 8% of the issued common shares. The options vest over 18 months from

date of grant and are exercisable on or before November 21, 2023, at a price of $0.12 per

share.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term

is defined in the policies of the TSX Venture Exchange) accepts responsibility for

the adequacy of this news release.

About Lupaka Gold

Lupaka is an active Canadian-based company focused on creating shareholder value

through discoveries and strategic development of its assets in some of the most prolific

mining regions of Peru.

FOR FURTHER INFORMATION PLEASE CONTACT:

Will Ansley, President & C.E.O.

[email protected]

Tel: (416) 862-5257

or visit the Company’s profile at www.sedar.com or its website at www.lupakagold.com