Mr. Chris Lodder reports

BARKERVILLE GOLD COMPLETES ACQUISITION OF WILLIAMS CREEK GOLD

Barkerville Gold Mines Ltd. has acquired all of the issued and outstanding common shares of Williams Creek Gold Ltd. by way of plan of arrangement under the Business Corporations Act (British Columbia). The arrangement was approved by shareholders of Williams Creek at a special meeting of shareholders held on Aug. 8, 2016, and approved by the Supreme Court of British Columbia on Aug. 11, 2016.

Pursuant to the terms of the arrangement, Williams Creek shareholders are now entitled to receive 0.062352572 of a common share of Barkerville for each one common share of Williams Creek held by such Williams Creek shareholders. In total, Barkerville has issued 6,799,989 Barkerville shares in exchange for all of the issued and outstanding Williams Creek shares held by Williams Creek shareholders.

Effective today, Williams Creek has become a wholly owned subsidiary of Barkerville and, collectively, former shareholders of Williams Creek will hold approximately 2.25 per cent of the issued and outstanding Barkerville shares and the Williams Creek shares will be delisted from the TSX Venture Exchange.

In order to receive their Barkerville shares, Williams Creek shareholders are required to surrender their Williams Creek share certificates to the depositary, Computershare Investor Services Inc., together with a properly completed letter of transmittal. A copy of the letter of transmittal was mailed to the registered shareholders of Williams Creek and is also available for viewing on SEDAR under the Williams Creek profile.

We seek Safe Harbor.