King’s Bay Gold Corporation Announces Grant of Stock Options

Suite 1450 – 789 West Pender Street, Vancouver, BC, V6C 1H2 | Tel: 604.681.1568 | Fax: 604.681.8240

King’s Bay Gold Corporation Announces Grant of Stock Options

February 1, 2017 – King’s Bay Gold Corporation (the “Company”) (TSXV: KBG)(FSE:KGB1)

operating as “King’s Bay” is pleased to announce that it has granted an aggregate of 1,250,000 stock options

to a consultant for the purchase of up to 1,250,000 common shares of the Company pursuant to its Stock

Option Plan. Each option is exercisable for a period of two years at a price of $0.115 per common share.

ON BEHALF OF THE BOARD OF DIRECTORS

Kevin Bottomley

President and Chief Executive Officer

Tel: (604) 681-1568 Email: [email protected]

For investment inquiries please contact

Brad Hoeppner Director

Tel: (604) 681-1568 Email: [email protected]

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange

Inc.) accepts responsibility for the adequacy or accuracy of this release.