Option Grant

1240-789 W Pender St., Vancouver, BC, V6C 1H2

+1-604-683-3995 +1-604-683-3988 [email protected]

OPTION GRANT

Vancouver, British Columbia – July 9 th, 2020 – Sky Gold Corp. ( TSX-V: S KYG)

(US:SRKZF)("Sky Gold " or the “Company”) has granted a total of up to 1, 500,000 stock

options to directors , consultants and advisors of the company exercisable at a price of $0. 13 per

share for a period of one year from the date of grant. The options have been granted in accordance

with the company's stock option plan.

About Sky Gold Corp.

Sky Gold Corp. is a junior mineral exploration company engaged in acquiring and advancing mineral

properties in Canada and the USA. In addition to the Company’s Newfoundland properties, the

Company also owns the Evening Star property, located 12 km southeast of Hawthorne, NV, which

is prospective for gold mineralization and CRD (Carbonate Replacement Deposit) base and precious

(silver and gold) mineralization.

ON BEHALF OF THE BOARD

“Mike England”

Mike England, CEO & DIRECTOR

FOR FURTHER INFORMATION PLEASE

CONTACT: Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

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

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.