GOLD Torrent Fails to Fund Lucky Shot Development; Miranda Maintains Its Option FOR a 3.3% Royalty

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GOLD TORRENT FAILS TO FUND LUCKY SHOT DEVELOPMENT;

MIRANDA MAINTAINS ITS OPTION FOR A 3.3% ROYALTY

Vancouver, BC, Canada – June 26, 2018 – Miranda Gold Corp. (“Miranda”) (TSX-V:

MAD) is announcing that Gold Torrent, Inc. (“GTI”) was unable to complete its share

financing required under the agreement with Cartesian Royalty Holdings . As a

consequence of this, GTI and Alaska Gold Torrent, LLC (“AGT LLC”) are in default under

the project finance arrangement with Cartesian Royalty Holdings, Cartesian Capital Group,

and CRH Funding II Pte. Ltd. and will not receive development financing.

Miranda maintains its installment purchase of the 3.3% NSR on the project, in anticipation

of future production.

After discussions between Miranda and Cartesian, it was determined that the best course of

action for Cartesian was to foreclose on the Deed of Trust, and to request that GTI and

Miranda sign over their respective holdings in AGT LLC to sat isfy the provisions of the

Deed of Trust.

Pursuant to a Membership Transfer and Assignment Agreement, both GTI and Miranda

have now transferred their respective ownership in AGT LLC to CRH Funding II Pte. Ltd. for

the consideration of CRH Funding II Pte. Ltd. assuming all of the obligations of GTI and

Miranda under the AGT LLC Operating Agreement and that each of the parties is released

from all liability on such assumed obligations arising after the date of transfer , being June

13, 2018.

Miranda has agreed to continue to work with Cartesian on other scenarios in order to assist

with bringing the Lucky Shot project to production.

About Miranda

Miranda is a gold Prospect Generator active Colombia, whose emphasis is on acquiring

gold exploration projects with world-class discovery potential. Miranda performs its own

grass roots exploration and then employs a joint venture business model on its projects to

maximize exposure to discovery and minimize exploration risk. Miranda has an ongoing

relationship with IAMGOLD in Colombia.

For more information related to Miranda contact Joseph Hebert, Chief Executive Officer at

1-775-340-0450 or [email protected]. -- www.mirandagold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

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

adequacy or accuracy of this release.