Mr. Kevin Bullock of Golden Reign reports

GOLDEN REIGN AND MARLIN GOLD ENTER INTO FURTHER MUTUAL EXTENSION OF NON-BINDING LETTER OF INTENT TO COMBINE BUSINESSES

Golden Reign Resources Ltd., Marlin Gold Mining Ltd. and Sailfish Royalty Corp. have entered into an agreement to further extend the termination date of the previously announced non-binding letter of intent regarding the business combination of Golden Reign's wholly owned San Albino-Murra property in Nueva Segovia, Nicaragua, and Marlin's La Trinidad mine in Sinaloa, Mexico (see joint press releases dated May 14, 2018, and June 28, 2018). The letter of intent will now terminate on the earlier of: (a) July 31, 2018; (b) entering into of the definitive arrangement agreement in connection with the business combination; and (c) such other date as may be mutually agreed by the parties in writing. All other terms of the letter of intent remain in full force and effect, unamended.

About Golden Reign Resources Ltd.

Golden Reign is a publicly listed mineral exploration company engaged in exploring the San Albino-Murra property and the El Jicaro property, both of which are located in Nueva Segovia, Nicaragua.

About Marlin Gold Mining Ltd.

Marlin is a growth-oriented gold and silver mining company focused on the Americas. The company owns three properties located in Mexico and the United States and a portfolio of royalties.

About Sailfish Royalty Corp

Sailfish is a yield-focused royalty company. Sailfish owns the TZ royalty, which is a 3.5-per-cent royalty on revenues derived from the sale of gold on Eldorado Gold Corp.'s advanced-stage Tocantinzinho gold project, and also holds a gold stream agreement on the San Albino gold project in northern Nicaragua.

We seek Safe Harbor.