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Aguila Grants Stock Options

Share Capital & Compensation

AGUILA GRANTS STOCK OPTIONS

Vancouver, British Columbia, November 7th, 2018 - Aguila American Gold Limited (“Aguila” or the

“Company”) (TSX -V: AGL) announces the granting of stock options for the purchase of up to 120,000

common shares, at a price of $0.235 per share, for a period of three years.

ON BEHALF OF THE BOARD,

“Nick DeMare”

Nick DeMare,

Interim President & CEO

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.