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Aguila American Gold Grants Stock Options

Share Capital & Compensation

Aguila American Gold Grants Stock Options

Vancouver, British Columbia – July 23, 2019: Aguila American Gold Limited (“Aguila” or the “Company”)

(TSX-V: AGL) announces the granting of stock options for the purchase of up to 294,000 common shares, at

a price of $0.23 per share, for a period of three years.

ON BEHALF OF THE BOARD,

“Nick DeMare”

Nick DeMare

Interim CEO and CFO

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.