Golden Tag Updates Financing

GOLDEN TAG RESOURCES LTD.

Suite 16, 3608 Boul St-Charles, Kirkland, QC H9W1R9 P: 514.426.8542 F:514.426.8543 E. [email protected]

-NEWS RELEASE-

Golden Tag Updates Financing

July 6, 2016 –Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) announces that the completion of the private placement as announced in the Company’s news release of May 26, 2016, is now targeted to be completed in approximately two weeks. While a significant portion of the funds have been received to-date the minimum of $500,000 has not yet been received although it has been informally committed.

For additional information please contact:

Marc A. Carrier, President & CFO Phone : (514) 426-8542; Fax : (514) 426-8543 : Email: [email protected] Website: www.goldentag.ca

Neither 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.