Mexican GOLD Warrants to Begin Trading ON November 18, 2019

Vancouver, BC TSX-V: MEX

For Immediate Release November 14, 2019

MEXICAN GOLD WARRANTS TO BEGIN TRADING ON NOVEMBER 18, 2019

Mexican Gold Corp. (the “Company” or “Mexican Gold") (TSXV: MEX) is pleased to announce

that further to its July 15, 2019 news release announcing the closing of its non-brokered private

placement of 50,000,000 common shares and 50,000,000 share purchase warrants (the

“Warrants”), the Company is pleased to announce that it has received TSX Venture Exchange

(the “Exchange”) approval for the listing of the Warrants. It is anticipated that the Warrants will

commence trading on the Exchange at market open on Monday, November 18, 2019 under the

Symbol “MEX.WT” with CUSIP Number: 592817118. Each warrant entitles the holder to acquire

one common share of the Company at an exercise price of $0.12 per share until July 15, 2024.

About Mexican Gold Corp.

Mexican Gold Corp. is a Canadian based mineral exploration and development company

committed to building long-term value through ongoing discoveries and strategic acquisitions of

prospective precious metals and copper projects i n the Americas. Mexican Gold is explor ing the

Las Minas Project, which is located in the core of the Las Minas mi ning dis trict in Veracruz

State, Mexico, and is host to one of the newest, under-explored skarn systems known in Mexico.

For more information, please contact:

Philip O’Neill – CEO, President, and Director

E-mail: [email protected]

Website at www.mexicangold.ca

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

in the policies of the TSX Venture Exc hange) accepts responsibility for the adequacy or

accuracy of this release.

All statements in this press release, other than statements of historical fact, are "forward-looking

information" with respect to Mexican Gold within the meaning of applicable securities laws, and

with respect to the p roposed Offering and proposed use of proceeds. Mexi can Gold provides

forward-looking statements for the purpose of conveying information about current expectations

and plans relating to the future and readers are cauti oned that such statements may not be

appropriate for other purposes. By its nature, this information is subject to i nherent risks and

uncertainties that may be general or specific and which give rise to the possibility that

expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that

assumptions may not be correct and that obje ctives, strategic goals and priorities will not be

achieved. These risks and uncertainties include but are not limited to completion of Offerin g,

exploration findings, results and r ecommendations, as well as those risks and uncertai nties

identified and r eported in Mexican Gold’s public filings under Mexican Gold’s SEDAR profile at

www.sedar.com. Although Mexican Gold has attem pted to i dentify important factors that could

cause actual actions, events or results to differ materially f rom those described in forward-

looking information, there may be other factors that cause actions, events or results not to be as

anticipated, estimated or i ntended. There can be no assurance that such inf ormation will prove

to be accurate as actual result s and future events coul d differ materially from those anticipated

in such statements. Mexican Gold disclaims any intention or obligation to update or revise any

forward-looking information, whether as a r esult of new information, future events or otherwis e

unless required by law.