An anonymous director reports

ADVANCE GOLD ANNOUNCES PRIVATE PLACEMENT FINANCING

Subject to the approval of the TSX Venture Exchange, Advance Gold Corp. proposes to undertake a non-brokered private placement of units at a price of eight cents per unit for gross proceeds of up to $200,000. Each unit shall comprise one common share in the capital of the company and one common share purchase warrant.

Each warrant shall entitle the holder to purchase one common share at a price of 10 cents per share at any time within 12 months of the date of issuance. All securities to be issued under this private placement will be subject to a four-month resale restriction.

The company intends to close the private placement immediately following the satisfaction of customary closing conditions, including receipt of all regulatory approvals. Advance Gold will use the net proceeds of this private placement for general corporate purposes and to advance its Tabasquena silver project in Zacatecas, Mexico.

A finder's and/or administrative fee may be paid to registered representatives in connection with the offering.

By news release dated Feb. 27, 2015, Acacia Exploration Kenya announced a maiden National Instrument 43-101 compliant inferred mineral resource estimate of 1.31 million ounces of gold at 12.1 grams per tonne at the adjoining West Kenya project.

In addition, Advance Gold has recently acquired a 100-per-cent interest in the Tabasquena silver mine in Zacatecas, Mexico.

About Advance Gold Corp.

Advance Gold is a TSX-V listed junior exploration company focused on exploring and acquiring mineral properties containing precious metals. The company currently has a 14-per-cent interest on the Kakamega advanced gold project in Kenya. The remaining 86 per cent of the Kakamega project is held by Acacia Exploration Kenya. If Advance Gold elects to be diluted to less than 10 per cent of the project, it retains an uncapped 3-per-cent net smelter royalty.

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