Pursuant to a special resolution passed by shareholders March 6, 2014, the company has consolidated its capital on a one-new-for-10-old basis. The name of the company has not been changed.

Effective at the opening, Monday, March 31, 2014, the common shares of Kilo Goldmines Ltd. will commence trading on the TSX Venture Exchange on a consolidated basis. The warrants of Kilo Goldmines Ltd. will continue trading without any actual change in the number of warrants outstanding; however, warrantholders will require 10 warrants to purchase one postconsolidated share at a total price of $1.50 per share. The expiry date of the warrants remains unchanged with the warrants expiring on Sunday, March 20, 2016. The company is classified as a gold mining company.

Common shares

Postconsolidation

Capitalization:  Unlimited shares with no par value, of which 31,934,997 shares are issued and outstanding

Escrow:  Nil shares

Transfer agent:  Equity Financial Trust Company

Trading symbol:  KGL (unchanged)

Cusip No.:  49427Y503 (new)

Warrants

Postconsolidation

Capitalization:  100 million warrants with no par value, of which 100 million warrants are issued and outstanding

Transfer agent:  Equity Financial Trust Company

Trading symbol:  KGL.WT (unchanged)

Cusip No.:  49427Y123 (unchanged)