Mr. Ernest Simmons reports

ATLANTA GOLD PROVIDES BI-WEEKLY DEFAULT STATUS REPORT

Atlanta Gold Inc. is providing this biweekly update in accordance with National Policy 12-203 -- Cease Trade Orders for Continuous Disclosure Defaults. On April 29, 2015, the company announced that it would be unable to file its 2014 annual audited financial statements, and its related management's discussion and analysis, and chief executive officer and chief financial officer certifications, by April 30, 2015. The company made application for, and on May 8, 2015, the Ontario Securities Commission issued, a temporary management cease trade order in respect of the company's chief executive officer and chief financial officer.

On May 20, 2015, the Ontario Securities Commission issued a permanent management cease trade order (MCTO), superseding the temporary management cease trade order. The MCTO restricts all trading in securities of the company, whether direct or indirect, by the company's chief executive officer and chief financial officer, until two full business days following receipt by the commission of the required filings. The MCTO does not affect the ability of shareholders who are not insiders of the company to trade their securities. The company's auditor is presently completing its 2014 audit work, and it is currently anticipated that the company will be able to file the required filings by June 1, 2015. It is also anticipated that the requisite filings by the company in respect of the quarter ended March 31, 2015, will be completed by June 1, 2015.

Pursuant to the provisions of the alternative information guidelines specified in Section 4.4 of NP 12-203, the company reports that since the default announcement:

• There have been no material changes to the information contained in the default announcement, other than referred to in this news release and the company's news release of May 13, 2015;
• There have been no failures by the company to fulfill its stated intentions with respect to satisfying the provisions of the alternative reporting guidelines;
• There has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the default announcement;
• There is no other material information respecting the company's affairs that has not been generally disclosed.

Until the required filings have been filed, the company intends to continue to satisfy the provisions of the alternative information guidelines found in Section 4.3 and Section 4.4 of NP 12-203 by issuing biweekly default status reports in the form of further news releases, which will also be filed on SEDAR.

We seek Safe Harbor.