Mr. Tim Termuende reports

TAIGA CLOSES FINANCING

Taiga Gold Corp. has closed a non-brokered private placement to arm's-length and non-arm's-length investors comprising 1.43 million non-flow-through units for gross proceeds of $257,400 and 2,507,500 flow-through units for gross proceeds of $501,500. Total gross proceeds of the financing were $758,900.

Non-flow-through units were sold at a price of 18 cents per unit, each unit consisting of a non-flow-through common share and one non-flow-through common share purchase warrant, each whole warrant exercisable at 40 cents for a 24-month period. Flow-through units were sold at a price of 20 cents per unit, each unit consisting of a flow-through common share and a non-flow-through common share purchase warrant, each whole warrant exercisable at 40 cents for a 24-month period.

The common share purchase warrants are subject to an accelerated expiry at the option of the company if the published closing trade price of the common shares on the Canadian Securities Exchange is greater than or equal to 50 cents for any 10 consecutive trading days, in which event the holder may be given notice that the warrants will expire 30 days following the date of such notice. The common share purchase warrants may be exercised by the holder during the 30-day period between the notice and the expiration of the common share purchase warrants.

A 7-per-cent commission or finder's fee was paid to certain registered dealers or eligible arm's-length third parties in connection with in the financing.

Proceeds from the sale of units will be used to finance exploration of the company's various projects in Saskatchewan and for general working capital. Funds earmarked for exploration will qualify as Canadian exploration expenses as defined in the Income Tax Act and will be renounced for the 2018 taxation year.

About Taiga Gold Corp.

Taiga was created through a plan of arrangement with Eagle Plains Resources Ltd. and owns five projects targeting gold in the area near the Seabee gold operation, owned and operated by SSR Mining Inc. (formerly Silver Standard Resources Inc.). Taiga's flagship Fisher property is currently being explored by SSR under option from Taiga. As announced by Eagle Plains on March 21, 2018, SSR is well under way on phase 1 of an 18,000-metre drilling campaign within Fisher property boundaries and currently has two drills on site.

We seek Safe Harbor.