Sitka Gold Corp. completes Initial Public Offering

C:\Users\user\Documents\Sitka\News 2018\Listing.doc

Sitka Gold Corp.

1500—409 Granville Street

Vancouver, BC V6C 1T2

News Release

Sitka Gold Corp. completes Initial Public Offering

January 30, 2018 – Vancouver, British Columbia. Sitka Gold Corp. (the “ Company ”) is pleased to

announce that it successfully completed its initial public offering (the “ Offering ”) of 6,000,000 units of

the Company (the “ IPO Units ) at a price of $0.20 per IPO Unit for gross procee ds of $1,200,000. Each

IPO Unit is comprised of one (1) common share of th e Company and one-half (1/2) of one transferable

share purchase warrant, each whole warrant entitlin g the holder to acquire one additional common share

of the Company at a price of $0.30 per share until January 30, 2020. After giving effect to the Offer ing,

the Company now has 16,367,000 common shares issued and outstanding.

The lead agent for the Offering was PI Financial Co rp. (the “ Agent ”). The Agent received a cash

commission equal to 8% of the gross proceeds of the Offering as well as non-transferable warrants

entitling the Agent and members of its selling grou p to purchase up to an aggregate of 480,000 common

shares of the Company at a price of $0.30 per commo n share until January 30, 2020. The Agent also

received a corporate finance fee.

The Company anticipates that its common shares will begin trading on the Canadian Securities Exchange

on or about January 31, 2018 under the trading symbol “SIG”.

The net proceeds of the Offering will primarily be used to fund exploration expenditures on the Adobe

Gold Property which the Company has under option fr om Intercept Minerals Corporation and for general

working capital requirements.

Sitka Gold Corp. is a junior mining resource explor ation company managed by a team of experienced

mining industry professionals and is focused on exploring for economically viable mineral resources with its

primary emphasis on gold and copper mineral properties of merit. The Company currently has an option to

acquire a 100% interest in the Adobe Gold Property in Nevada, USA. For more information, please refer to

the Company’s prospectus dated December 8, 2017 available on SEDAR ( www.sedar.com ).

ON BEHALF OF THE BOARD OF DIRECTORS

Corwin Coe

Chief Executive Officer

For further information, please contact:

Corwin Coe: 604-817-4753