Red Lake GOLD Inc. Announces Common Share Financing

605-815 Hornby Street

Vancouver, British Columbia V6Z 2E6

RED LAKE GOLD INC. ANNOUNCES COMMON SHARE FINANCING

Vancouver, British Columbia, September 3, 2019 – Red Lake Gold Inc. (CSE: RGLD) (FWB:P11)(“Red

Lake Gold” or the "Corporation") is pleased to announce that it intends to conduct a non-brokered private

placement to issue up to 500,000 common shares at a price of $0.75 to raise gross proceeds of up to

$375,000 (the “Financing”).

The Corporation will use the net proceeds of the Financing for exploration at its Whirlwind Jack Gold

Project located in Red Lake, Ontario, as well as for working capital purposes.

The Corporation may pay cash finder’s fees on subscriptions under the Financing equal to 6%.

The Financing is subject to all applicable regulatory approvals. Common shares issued in the Financing

will be subject to a four-month hold period in accordance with applicable Canadian securities laws.

On Behalf of the Board of Directors

Ryan Kalt

Chairman & Chief Executive Officer

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address future events

and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially

from those currently expected or forecast in such statements.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE Exchange)

accepts responsibility for the adequacy or accuracy of this release.