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Viva Gold Upgrades to OTCQB Listing in the US

Listings & Exchange

NR 20-11

Viva Gold Upgrades to OTCQB Listing in the US

VANCOUVER, BC – August 4th, 2020 – Viva Gold Corp. (TSX-Venture: VAU; OTCQB: VAUCF) (the

“Company” or “Viva”) is pleased to announce that VAUCF is approved by OTC Markets Group Inc. for

trading on the OTCQB Venture Markets as of August 4, 2020.

Viva’s upgraded listing to the OTCQB is likely to provide greater liquidity and a more seamless trading

experience for its U.S. shareholders. With higher reporting requirements and greater transparency

required with the OTCQB listing, the upgrade also provides exemptions from U.S. state securities laws or

“blue sky” exemptions which may help to further increase liquidity and expand investment advisors’

ability to research and recommend investment in Viva Gold.

James Hesketh, CEO commented, "We anticipate that the upgrade to OTCQB will increase Viva’s visibility

with U.S. investors and help broaden our retail and institutional shareholder base by facilitating easier

access for U.S. investors to acquire shares. With our U.S. electronic DTC eligibility already in the place, the

upgrade to OTCQB rounds out our U.S. listing.”

The OTCQB Venture Market is the premiere marketplace for early stage and developing U.S. and

international companies. Participating companies must be current in their reporting and undergo an

annual verification and management certification process. Investors can find real-time quotes and market

information at https://www.otcmarkets.com/stock/VAUCF/overview

About Viva Gold Corp:

Viva Gold is a gold exploration and project development company with a focus on Nevada. Viva

holds 100% of the advanced Tonopah Gold Project, a large land position of approximately 8,800 acres

with demonstrated high-grade measured, indicated and inferred gold resources, located on the prolific

Walker Lane gold trend in Nevada, about 30 kilometers south-east of the Round Mountain mine of Kinross

Gold and 20 kilometers north from the Town of Tonopah. Viva’s management team has extensive

experience in gold exploration, mine development and production and are supported by a Board of

Directors and advisors who are proven mine finders, deal makers and financiers. Viva trades on the TSX-

V as “VAU”, on the OTCQB in the US as “VAUCF” and on the Frankfurt exchange under “7PB”. For

additional information on Viva Gold and the Tonopah Gold Project, please visit our website:

www.vivagoldcorp.com.

For further information please contact:

James Hesketh, President & CEO

(720) 291-1775

[email protected]

Valerie Kimball, Director Investor Relations

(720) 933-1150

[email protected]