Mr. John Zbeetnoff reports

SNIPGOLD GRANTS STOCK OPTIONS AND UNDERGOES BOARD CHANGE

SnipGold Corp. has granted stock options to buy 482,500 shares to officers, directors, employees and consultants. The stock options are set for a period of five years, expiring on March 3, 2020. Each stock option allows the holder to purchase one common share in the company at a price of 10 cents, with vesting provisions in accordance with TSX Venture Exchange regulations. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from the date of grant.

The company also announces that it has accepted the resignation of director Kevin Nishi, effective March 3, 2015, who has served on the board since May, 2014. Mr. Nishi sites newly expanded work commitments in his practice for his departure. The directors wish to express their appreciation for Mr. Nishi's contributions to the company during his tenure on the board and wish him great success in his future endeavours.