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Lundin GOLD Annual General & Special Meeting

Shareholder Meetings

NEWS RELEASE

LUNDIN GOLD ANNUAL GENERAL & SPECIAL MEETING  

TO BE HELD JUNE 1, 2017

May 3, 2017 (Vancouver, Canada)… Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: “LUG”,

Nasdaq Stockholm: “LUG”) announces that its Annual General and Special Meeting of Shareholders

will be held at Suite 2600, 595 Burrard Street, Vancouver, British Columbia, V7X 1L3 on Thursday, June

1, 2017, at 10:00 a.m. (Vancouver time), for the following purposes:

1. To receive the audited conso lidated financial statements and accompanying management

discussion and analysis of Lundin Gold Inc. for the year ended December 31, 2016, along

with the report of the auditors;

2. To reappoint the auditor for the upcoming year and to authorize the directors to fix the

remuneration of the auditor;

3. To elect eight directors to t he Board for the upcoming year;

4. To approve amendments to, and unallocated options under, Lun din Gold’s stock option

plan, as more particularly described in the Management Information Circular; and

5. To transact such other busines s as may properly come before the Meeting.

The record date for the Annual General and Special Meeting is April 18, 2017. The Notice of Meeting,

the accompanying Management Proxy Circular and related meeting materials are now available

under the Company's profile on SEDAR at www.sedar.com and on the Company’s website.

About the Company

Lundin Gold Inc. owns the Fruta del Norte gold project located in southeast Ecuador. FDN is one of the

largest and highest grade undeveloped gold projects in the worl d. The Company is advancing FDN in

order to realize the significant potential of this asset.

The Company believes that the value created will not only great ly benefit shareholders, but also the

Government and people of Ecuador who are the Company's most important stakeholders in this project.

Lundin Gold views its commitment to corporate social responsibi lity as a strategic advantage that

enables it both to access and effectively manage business oppor tunities in increasingly complex

environments. Lundin Gold is committed to addressing the challenge of sustainability - delivering value

to its shareholders, while simultaneously providing economic an d social benefits to impacted

communities and minimizing its environmental footprint.

Additional Information

The information in this release is subject to the disclosure re quirements of the Company under the EU

Market Abuse Regulation and the Sw edish Securities Market Act. This information was publicly

communicated on May 3, 2017 at 8:00 a.m. Pacific Time.

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For more information, please contact

Lundin Gold Inc.

Ron F. Hochstein

President and CEO

+593-2-299-6400

+1-604-806-3589

Lundin Gold Inc.

Sophia Shane

Corporate Development

+1-604-689-7842

[email protected]

www.lundingold.com