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Lundin GOLD Annual General Meeting

Shareholder Meetings

NEWS RELEASE

LUNDIN GOLD ANNUAL GENERAL MEETING

TO BE HELD JUNE 1, 2018

April 30, 2018 (Vancouver, Canada) Lundin Gold Inc. ("Lundin Gold" or the "Company")

(TSX: LUG, Nasdaq Stockholm: LUG) announces that its Annual General Meeting of

Shareholders will be held at the offices of Blake, Cassels & Graydon LLP, Suite 2600, 595

Burrard Street, Vancouver, British Columbia on Friday, June 1, 2018 at 10:00 a.m. (Pacific

time), for the following purposes:

1. To receive the audited consolidated financial statements and accompanying

management discussion and analysis of Lundin Gold for the year ended December 31,

2017, 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 ten directors to the Board for the upcoming year; and

4. To transact such other business as may properly come before the Meeting.

The record date for the Annual General Meeting is April 20, 2018. 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 at

www.lundingold.com.

How to Vote if Your Securities Trade on the Nasdaq Stockholm Exchange

The information in this section is of significance to shareholders who hold t heir securities

(“Euroclear Registered Securities”) through Euroclear Sweden AB, which securities trade on

the Nasdaq Stockholm Exchange. Shareholders who hold Euroclear Registered Securities are

not registered holders of voting securities for the purposes of voting at the Meeting. Instead,

Euroclear Registered Securities are registered under CDS & Co., the registration name of the

Canadian Depositary for Securities. Holders of Euroclear Registered Securities will receive a

Form of Proxy (the “Swedish Proxy”) by mail directly from Computershare AB (“Computershare

Sweden”). The Swedish Proxy cannot be used to vote securities directly at the Meeting.

Instead, the Swedish Proxy must be completed and returned to Computershare Sweden, strictly

in accordance with the instructions and deadlines that will be described in the instructions

provided with the Swedish Proxy.

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, is developing its wholly -owned Fruta del

Norte gold project in southeast Ecuador. Fruta del Norte is one of the world’s highest-grade

and largest gold projects currently under construction. The Company’s board a nd

management team have extensive expertise in mine construction and operations and are

dedicated to advancing this project through to first gold production in 2019.

2

The Company operates with transparency and in accordance with international best practices.

Lundin Gold is committed to delivering value to its shareholders, while simultaneously

providing economic and social benefits to impacted communities, fostering a healthy and safe

workplace and minimizing the environmental impact. The Company believes that the value

created through the development of Fruta del Norte will benefit its shareholders, the

Government and the people of Ecuador.

Additional Information

The information in this release is subject to the disclosure requirements of Lundin Gold under

the EU Market Abuse Regulation. This information was submitted for publication April 30, 2018

at 2:30 p.m. PT through the contact persons set out below.

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.

Sabina Srubiski

Manager, Investor Relations

+1-604-806-3089

[email protected]

www.lundingold.com

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