Mr. Meirong Yuan reports

EARLY WARNING PRESS RELEASE OF FORTUNE FUTURE HOLDINGS LIMITED

Fortune Future Holdings Ltd. has issued this press release pursuant to Part 3 (early warning requirements of National Instrument 62-103 (the early warning system and related takeover bid and insider reporting issues)) with respect to Gowest Gold Ltd.

On Sept. 30, 2014, Fortune acquired 36.25 million units of the issuer, at a price of eight cents per unit, for an aggregate purchase price of $2.9-million. Each unit is composed of one common share of the issuer and one common share purchase warrant, with each warrant exercisable to acquire one common share of the issuer at a price of 11 cents for a period of two years following issuance of the warrant.

The 36.25 million common shares acquired by Fortune represent 17.03 per cent of the postacquisition issued and outstanding common shares of the issuer. Immediately following the acquisition, Fortune holds an aggregate of 42.5 million common shares, representing approximately 19.97 per cent of the issued and outstanding common shares of the issuer, and 42.5 million warrants.

Following the acquisition, on a partially diluted basis (assuming full exercise of the warrants held by Fortune), the issuer will hold 85 million common shares, representing approximately 33.29 per cent of the issued and outstanding common shares of the issuer.

Fortune acquired the units for investment purposes pursuant to a subscription agreement dated June 23, 2014, which was entered into between Fortune and the issuer. The common shares and warrants were issued to Fortune from the issuer's treasury. The units were acquired under the accredited investor exemption under National Instrument 45-106 (prospectus and registration exemptions). Depending on economic or market conditions or matters relating to issuer, Fortune may choose to either acquire additional securities or dispose of currently held securities of the issuer.