Mr. John Wenger reports

PILOT GOLD ANNOUNCES FILING OF MANAGEMENT INFORMATION CIRCULAR AND SUPPLEMENT

Pilot Gold Inc.'s annual and special meeting of shareholders will be held on May 12, 2014, at 3:30 p.m., Pacific Daylight Time, in the Coal Harbour room at the Pan Pacific Hotel, 999 Canada Place, Vancouver, B.C., V6C 3B5. The record date for the meeting was set as March 21, 2014.

At the request of the Toronto Stock Exchange, the company has filed a supplement, dated April 15, 2014, to its management information circular, dated April 2, 2014. The supplement clarifies certain disclosure with respect to the adoption of the company's proposed amended stock option plan, proposed deferred share unit plan and proposed restricted share unit plan, each of which shareholders will vote on at the meeting.

The company's 2013 audited financial statements and accompanying management's discussion and analysis, the circular, and the supplement are available on the company's website and under the company's profile on SEDAR. Shareholders of the company may also request mailed copies of the documents mentioned herein free of charge by e-mailing info@pilotgold.com.