Tudor GOLD Receives Exchange Approval of Amended Option Agreements

TUDOR GOLD RECEIVES EXCHANGE APPROVAL OF AMENDED OPTION

AGREEMENTS

Vancouver, British Columbia – October 4, 2018 - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the

"Company" or "Tudor Gold") is pleased to announce that the TSX Venture Exchange has approved the

amended terms of the Company’s option agreements with Teuton Resources Corp. (“Teuton”)

respecting the Orion property, the Fairweather property, the Delt a property and the High North

property, as described by the Company in its September 6, 2018 press release , as well as the amended

terms of the Company’s option agreement with John Bot respecting the Doc property, as described by

the Company in its Septemb er 12, 2018 press release . Following receipt of the TSX Venture Exchange

approval, the Company issued an aggregate of 1,100,000 common shares to Teuton and 150,000

common shares to Mr. Bot at a price of $0.30 per share pursuant to the amended agreements . The

shares are subject to a four month hold period under applicable Canadian securities laws.

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 s everal 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", "believe", "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 curr ent 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 for ward-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 policies of

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