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Kapuskasing Adds Claims in Daniels Harbour, Newfoundland & Labrador

Mergers & Acquisitions

KAPUSKASING GOLD CORP.

133 Richmond Street West, Suite 501, Toronto, ON M5H 2L3 Canada TSXV: KAP

Kapuskasing Adds Claims in Daniels Harbour, Newfoundland & Labrador

February 8, 2018 – Kapuskasing Gold Corp. (TSX -V: KAP) (the “Company” or “KAP” ) announces that

the Company has executed and finalized, subject to TSX Venture Exchange approval, the asset purchase

agreement for a 100% interest in the DH Unity Claims consisting of 30 claims ( 750 hectares) in the

Daniels Harbour area, situated nearby the Company’s Daniels Harbour Zinc Property.

The Company can purchase a 100% interest in the DH Unity Claims Property for total consideration of

300,000 shares, and a $ 1,950 one time cash payment. No finders fees, or any other associated fees were

incurred in this transaction.

Mr. Garry Clark P.Geo,(Exploration Manager and a director of the Company ) a Qualified Person ("QP")

as defined by National Instrument 43-101, has reviewed the technical content of this release.

On behalf of the Board of Directors

Kapuskasing Gold Corp.

Jonathan Armes

President & CEO

Phone 1 (416) 708-0243

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 press release.

This press release contains forward -looking statements within the meaning of applicable Canadian and U.S. securities laws and

regulations, including statements regarding the future activities of the Company. Forward looking statements reflect the current

beliefs and expectations of management and are identified by the use of words including “will”, “anticipates”, “expected to”,

“plans”, “planned” and other similar words. Actual results may differ significantly. The achievement of the results expressed in

forward-looking statements is subject to a number of risks, including those described in the Company’s management discussion

and analysis as filed with the Canadian securities regu latory authorities which are available at www.sedar.com. Investors are

cautioned not to place undue reliance upon forward-looking statements.