Ms. Lori McClenahan reports

INVESTOR RELATIONS AGREEMENT, PRIVATE PLACEMENT, INCENTIVE STOCK OPTIONS

Intigold Mines Ltd. has entered into a consulting agreement with Mid Atlantic Capital Associates SL, whereby Mid Atlantic will provide investor relations and investor awareness services to the company.

Under the terms of the agreement, the company will pay a monthly fee of $7,500 to Mid Atlantic. The company has also granted incentive stock options to Mid Atlantic to purchase 200,000 shares in the capital of the company for a period of two years at a price of 10 cents. The options will vest in stages over a period of not less than 12 months with no more than one-quarter of the options vesting in any three-month period. The agreement is subject to acceptance for filing by the TSX Venture Exchange.

Financing

Intigold has negotiated a non-brokered private placement of up to 10 million units at a price of 10 cents per unit, raising gross proceeds of up to $1-million. Each unit will consist of one common share and one-half of a share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of 15 cents per share for a period of two years from closing.

The proceeds of the private placement will be used for Intigold's projects and for working capital.

The private placement is subject to regulatory approval.

The company will pay finders' fees of up to 7.5 per cent of the gross proceeds raised, payable in cash or units or a combination thereof.

Incentive stock options

The company has granted incentive stock options to certain of the company's directors, officers, employees and consultants to purchase up to 1.2 million common shares under the company's stock option plan. The options will be granted for a period of two years, commencing on March 7, 2016, at a price of 10 cents per share.