Mr. Gary Freeman reports

ETHOS GOLD CORP. AND ZOOTLY, LLC TERMINATE PROPOSED BUSINESS COMBINATION

Ethos Gold Corp.'s non-binding letter of intent entered into with Zootly LLC, as previously announced on Oct. 27, 2015, has terminated.

Both parties have determined that their individual requirements for committing to a binding agreement could not be met, and consequently, they have agreed not to execute a definitive agreement, thereby releasing them to pursue other opportunities.

Ethos has confirmed with the TSX Venture Exchange that, with this announcement having been made, trading in Ethos shares will resume at the open of the trading day on Wednesday, Nov. 25, 2015.