Mr. Jonathan Awde reports

GOLD STANDARD CLOSES C$38 MILLION FINANCING

Gold Standard Ventures Corp. has closed the underwritten and non-brokered offerings, previously announced on Feb. 1, 2018, and upsized on Feb. 5, 2018, for aggregate gross proceeds of $38,184,202 following the issuance of 18,626,440 common shares at a price of $2.05 per common share.

Pursuant to the public offering, the company issued 13,750,440 common shares, including 1,554,440 common shares issued on partial exercise of the overallotment option granted to the underwriters, at the offering price for gross proceeds of $28,188,402.

Goldcorp Inc. purchased, as part of the private placement, 2,195,100 common shares of the company at the offering price for total proceeds of $4,499,955, and now owns 25,098,462 common shares of Gold Standard, which represents approximately 9.9 per cent of the company's issued and outstanding common shares on a non-diluted basis.

Oceanagold Corp. purchased, as part of the private placement, 2,680,900 common shares of the company at the offering price for total proceeds of $5,495,845 and now owns 39,483,552 common shares of Gold Standard, which represents approximately 15.6 per cent of the company's issued and outstanding common shares on a non-diluted basis.

The net proceeds of the public offering and the private placement will be used for continued exploration and early-stage development at the company's 100-per-cent-owned Railroad-Pinion project and for working capital purposes.

Gold Standard has been advised that Goldcorp acquired ownership of 2,195,100 common shares at a price of $2.05 per share for an aggregate subscription price of $4,499,955. Accordingly, Goldcorp acquired ownership of 2,195,100 common shares, representing approximately 0.87 per cent of the issued and outstanding common shares. Following the acquisition, Goldcorp owns 25,098,462 common shares, representing approximately 9.92 per cent of the issued and outstanding common shares. Goldcorp acquired the securities for investment purposes. Goldcorp will evaluate its investment in Gold Standard from time to time and may, based on such evaluation, market conditions and other circumstances, increase or decrease shareholdings as circumstances require. The exemption relied on for the acquisition of the common shares is Section 2.10 of National Instrument 45-106, Prospectus and Registration Exemptions. A copy of the early warning report filed by Goldcorp in connection with the acquisition is available on Gold Standard's SEDAR profile. Goldcorp's head office is located at Suite 3400, 666 Burrard St., Vancouver, B.C., V6C 2X8.

About Gold Standard Ventures Corp.

Gold Standard is an advanced-stage gold exploration company focused on district-scale discoveries on its Railroad-Pinion gold project, located within the prolific Carlin trend. The 2014 Pinion and Dark Star gold deposit acquisitions offer Gold Standard a potential near-term development option and further consolidate the company's premier land package on the Carlin trend.

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