Dissemination IN the U.s. Nv GOLD Arranges Private Placement of up to CDN$750,000

580 Hornby Street, Suite 588

Vancouver, British Columbia, V6C 3B6

Tel: +1 888 363 9883

www.nvgoldcorp.com

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR

DISSEMINATION IN THE U.S.

NV GOLD ARRANGES PRIVATE PLACEMENT OF UP TO CDN$750,000

March 19, 2019 - Vancouver, British Columbia – NV Gold Corporation (TSX.V: NVX;

OTC Pink: NVGLF) (“ NV Gold ” or the “ Company”) is pleased to announce it has

arranged a non-brokered private placement of units of the Compa ny for gross proceeds of

up to CDN$750,000 (the “Placement”).

“The Company and our technical team are looki ng forward to what is shaping up to be a

busy and exciting 2019 within our Nevada portfolio. After reviewing our project portfolio,

we will be finalizing our exploration strategy in the next couple of weeks and look forward

to a focused 2019 exploration and drilli ng season with great excitement,” commented

Peter A. Ball, President and COO of NV Gold.

The Placement is an offering of up to 6,250,000 units (the “Units”) at CDN$0.12 per Unit.

Each Unit consists of one Share and one-half of one Warrant exercisable at CDN$0.20 per

share for 30 months from issue of the Units. A finder’s fee is payable on subscriptions by

certain of the subscribers of 7% of the cash proceeds paid by such subscribers and warrants

to purchase 7% of the number shares issuable to such subscriber s in respect of their

subscriptions for Units.

Closing of the Placement is conditional on acceptance of the TSX Venture Exchange. The

proceeds of the Placement will be used by the Company for the a dvancement of existing

properties, potential acquisition new properties, and for general working capital.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any

of the securities in the United States. The securities have not been and will not be registered

under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or

any state securities laws and may not be offered or sold within the United States or to U.S.

Persons unless registered under the U.S. Securities Act and applicable state securities laws

or an exemption from such registration is available.

About NV Gold Corporation

NV Gold is a junior exploration company based in Vancouver, Bri tish Columbia that is

focused on delivering value through mineral discoveries. Levera ging its highly

experienced in-house technical kno wledge, NV Gold’s geological team intends to utilize

its geological databases, which contains a vast treasury of fie ld knowledge spanning

decades of research and exploration, combined with a portfolio of mineral properties in

Nevada, to prioritize key projects for focused exploration programs.

On behalf of the Board of Directors,

Peter A. Ball

President and COO

For further information, visit the Company’s website at www.nvgoldcorp.com o r

contact:

Peter A. Ball, President & COO

Phone: 1-888-363-9883

Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

Forward Looking Statements

This news release includes certain forward-looking statements or information. All statements other than

statements of historical fact included in this release, including, without limitation, statements regarding the

proposed raising of CDN$750,000 and the proposed uses of such funds and other future plans and objectives

of the Company, including exploration plans, are forward-looking statements that involve various risks and

uncertainties. There can be no assurance that such statements will prove to be accurate and actual results

and future events could differ materially from those anticipated in such statements. Important factors that

could cause actual results to differ materially from the Company's plans or expectations include regulatory

issues, market prices, availability of capital and financing, general economic, market or business conditions,

timeliness of government or regulatory approvals and other risks detailed herein and from time to time in

the filings made by the Company with securities regulators. The Company disclaims any intention or

obligation to update or revise any forward-looking statements whether as a result of new information, future

events or otherwise except as otherwise required by applicable securities legislation.