An anonymous director reports

REPORT OF DISPOSITION OF BENEFICIAL OWNERSHIP OF COMMON SHARES OF GOLDSOURCE MINES INC.

Goldsource Mines Inc. shareholder Donald Smith Value Fund LP has disposed of deemed beneficial ownership and control of 5,882,253 common shares of Goldsource through the expiry on Feb. 8, 2019, of unexercised warrants for the purchase of the same number of common shares.

Immediately prior to the expiry of the warrants, the fund had deemed beneficial ownership of 45,994,506 common shares, representing 17.9 per cent of the then deemed outstanding common shares. The fund currently has deemed beneficial ownership of 40,112,253 common shares (including 3.14 million common shares underlying share purchase warrants of Goldsource held by the fund), representing 16 per cent of the deemed outstanding common shares, a decrease of 3.9 per cent of the fund's previously reported beneficial shareholding percentage in the common shares of 19.9 per cent.

The fund may acquire additional common shares or dispose of common shares (through market or private transactions or exercises of share purchase warrants) from time to time, further to its investment strategy.

A copy of the related early warning report may be obtained from SEDAR or from Ann Cianfrone at Donald Smith Value Fund LP at 212-284-0990.