Tudor GOLD Closes $1,000,000 Non-Brokered Private Placement

TUDOR GOLD CLOSES $1,000,000 NON-BROKERED

PRIVATE PLACEMENT

Vancouver, British Columbia – July 26, 2018 - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company"

or "Tudor Gold") is pleased to announce that it has closed a non-brokered private placement under

which it has raised gross proceeds of $ 1,000,000. The private placement w as comprised of 2,857,142

units of the Company (the "Units") at a price of $ 0.35 per Unit , with e ach Unit comprised of one

common share and one transferable common share purchase warrant (each, a "Warrant"). Each

Warrant entitles the holder to purchase one additional common share of the Company at a n exercise

price of $0.55 for a period of two years.

The proceeds from the sale of the Units will be used to advance exploration of the Company's Treaty

Creek properties in the Golden Triangle of northwestern B.C., for general corporate and working capital

purposes and to repay existing liabilities.

All securities issued pursuant to the private placement are subject to a four month hold period under

applicable Canadian securities laws.

Tudor Holdings Ltd., which is controlled by Walter Storm , Chief Executive Officer, President and a

director of the Company, purchased 473,428 Units under the financing. The issuance of Units to Tudor

Holdings Ltd. is considered to be a related party transaction subject to TSX Venture Exchange Policy 5.9

and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The

Company is exempted from the formal valuation and minority shareholder approval requirements

provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61 -101 on the basis that the value

of the Units issued to Tudor Holdings Ltd. does not exceed 25% of the fair market value of the

Company’s market capitalization. Furthermore, a material change report respecting the private

placement was not filed more than 21 days prior to the closing of the private placement due to closing

occurring less than 21 days after the announcement of the private placement . The Company considers

this reasonable in the circumstances due to the relatively small size of the value of th e related party

transaction.

About Tudor Gold

Tudor Gold is a precious and base metals explorer in British Columbia's Golden Triangle, an area which

hosts multiple past -producing mines and several large world -class deposits that are approaching

potential development. The Company has a 60% interest in both the Electrum and Treaty Creek

properties, and a 100% interest in several other mineral properties, all of which are located in the

Golden Triangle area.

"Walter Storm"

Walter Storm

President and Chief Executive Officer

For further information, please visit the Company's website at www.tudor-gold.com or contact:

Aris Morfopoulos

Chief Financial Officer & Corporate Secretary

Tel: 604-721-2650

Email: [email protected]

Or

CHF Capital Markets

Cathy Hume

CEO

Tel: 416-868-1079 x 231

Email: [email protected]

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward -looking information. These statements relate to

future events or future performance. The use of any of the words "could", "intend", "expect", "belie ve", "will",

"projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are

intended to identify forward -looking information and are based on the Company's current belief or assumptions as to

the outcome and timing of such future events. Actual future results may differ materially.

All statements including, without limitation, statements relating to the anticipated use of proceeds from the above

private placement offering and receipt of regulatory approvals with respect to the private placement offering as well

as any other future plans, objectives or expectations of the Company are forward -looking statements that involve

various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual

results and future events could differ materially from those anticipated in such statements. The Company expressly

disclaims any intention or obligation to update or revise any forwar d-looking statements whether as a result of new

information, future events or otherwise except as otherwise required by applicable securities legislation.

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

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