Nv GOLD Announces Closing of CDN$1,002,000 Private Placement

NV GOLD CORPORATION

Suite 588, 580 Hornby Street

Vancouver, BC,

Canada V6C 3B6

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

THE U.S.

April 4, 2018 Trading Symbol: NVX

NV GOLD ANNOUNCES CLOSING OF CDN$1,002,000 PRIVATE PLACEMENT

Vancouver, British Columbia – NV Gold Corporation (TSX.V: NVX) (the “Company”) announced

today that it has closed its non-brokered privat e placement of CDN$1,002,000 in units announced on

March 19, 2018 (the “Placement”).

The Company sold 1,670,000 units (the “Units”) at CDN$0.60 per Unit. Each Unit consists of one Share

and one-half of one Warrant exercisable at CDN$0.90 per share until April 3, 2020. The expiry date of

each whole Warrant is subject to acceleration such th at, should the volume weighted average price of the

common shares of the Company exceed CDN$1.50 for ten consecutive trading days, the Company may

notify the holder in writing that the Warrants will expi re 20 trading days from receipt of such notice

unless exercised by the holder before such date. The Units and any shares issued upon exercise of the

Warrants are subject to a hold period which expires on August 4, 2018.

Correction

The Company also wants to correct an error in its news release of March 23, 2018 announcing the closing

of its previous private placement on that date. In the news release it stated that the Warrants issued in that

placement were exercisable until March 23, 2018. Th e news release should have indicated the Warrants

were exercisable until March 23, 2020.

About NV Gold Corporation

NV Gold is a junior exploration company based in Vancouver, British Columbia that is focused on

delivering value through mineral discoveries utilizing the prospector generator model. Leveraging its

highly experienced in-house technical knowledge, NV Gold’s geological team intends to use its

geological database, which contains a vast treasury of field knowledge spanning decades of research and

exploration, combined with a portfolio of mineral properties in Nevada, to create opportunities for lease

or joint venture. NV Gold plans to aggressively ac quire additional la nd positions for the growth of its

business.

On behalf of the Board of Directors,

(sgd.) "John E. Watson"

President and CEO

For further information, visit the Company’s website at www.nvgoldcorp.com or contact:

John E. Watson,

Phone: 303.674.9400

Email: [email protected]

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

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