Mr. Allan Laboucan reports

ADVANCE GOLD ANNOUNCES PRIVATE PLACEMENT FINANCING

Advance Gold Corp. has increased its private placement financing, previously announced Jan. 19, 2018, from $180,000 to $190,000. The private placement comprises units at a price of six cents per unit. 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 eight cents per share at any time within 24 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 our Tabasquena silver project in Zacatecas, Mexico.

About Advance Gold Corp.

Advance Gold is a TSX Venture Exchange 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 Ltd.

We seek Safe Harbor.