Mr. Ron Hochstein reports

LUNDIN GOLD SHARE CAPITAL AND VOTING RIGHTS UPDATE

As a result of the issuance of 93,497,140 common shares in connection with a previously disclosed equity private placement financing, as at March 29, 2018, the number of issued and outstanding shares of Lundin Gold Inc. is 213,163,980 common shares with voting rights.

About Lundin Gold Inc.

Lundin Gold, headquartered in Vancouver, Canada, is developing its wholly owned Fruta del Norte gold project in southeast Ecuador. Fruta del Norte is one of the highest-grade and largest gold projects currently under construction. The company's board and management team have extensive expertise in mine construction and operations, and are dedicated to advancing this project through to first gold production in 2019.

Lundin Gold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.