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PRG.V ·

Precipitate Extends Share Purchase Warrants

Share Capital & Compensation

TSX VENTURE: PRG | www.precipitategold.com Suite 1410 – 650 W. Georgia St., Vancouver BC, V6B 4N8 [email protected] Toll free: 855 558 0335 Direct: 604 558 0335

Precipitate Extends Share Purchase Warrants

Vancouver, B.C. – May 12, 2015 - Precipitate Gold Corporation (the “Company” or “Precipitate”) (TSXV:

PRG) announcesthat it intends to extend the exercise period of a total of6,953,333outstanding share
purchase warrants, all of which are exercisable at $0.25 per share (the “Warrants”). The new expiration
date of the Warrants will be May 26, 2016, and the $0.25 exercise price of the Warrants will remain
unchanged. The Warrant extension is subject to acceptance of the TSX Venture Exchange.

About Precipitate Gold:

Precipitate Gold Corp. is a mineral exploration company focused on exploring and advancing its mineral property interests in the Tireo Gold Trend of the Dominican Republic. The Company also maintains assets in northern British Columbia and southeast Yukon Territory and is actively evaluating additional highimpact property acquisitions with the potential to expand the Company's portfolio and increase shareholder value.

Additional information can be viewed at the Company’s website www.precipitategold.com.

On Behalf of the Board of Directors of Precipitate Gold Corporation,

“Jeffrey Wilson”

President & CEO

For further information, please contact:

Jeffrey Wilson, President & CEO Tel: 604-558-0335 Toll Free: 855-558-0335 [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.