An anonymous director reports

WILLIAMS CREEK GOLD LTD. MAILS MEETING MATERIALS FOR SPECIAL MEETING OF SHAREHOLDERS AND VOTING PROCEDURES

Williams Creek Gold Ltd. has mailed its management information circular and related proxy materials to shareholders of record as of June 28, 2016, in connection with its special meeting of shareholders to be held at suite 950, 609 Granville St., Vancouver, B.C., V7Y 1G5, on Monday, Aug. 8, 2016 at 10 a.m. PT.

The arrangement

The purpose of the meeting is to seek the approval of the plan of arrangement of Williams Creek under Part 9, Division 5, of the Business Corporations Act (British Columbia), pursuant to which Barkerville Gold Mines Ltd. will acquire all of the outstanding common shares of Williams Creek subject to the terms and conditions of the arrangement agreement dated April 29, 2016, between Williams Creek and Barkerville.

The arrangement will result in Williams Creek shareholders receiving 0.062352572 of one common share of Barkerville in exchange for each Williams Creek share. Upon completion of the arrangement, Williams Creek will become a wholly owned subsidiary of Barkerville, and former Williams Creek shareholders will hold approximately 2.26 per cent of the shares of Barkerville on an outstanding basis.

Benefits of the arrangement

Some of the benefits of the arrangement include, among others:

• Maximize potential value -- the business combination between Williams Creek and Barkerville offers Williams Creek shareholders the opportunity to maximize the potential value of their main assets by accessing Barkerville's more extensive technical and financial resources, which are needed to explore and advance Williams Creek's project area;
• Exposure to larger asset base -- the arrangement also provides Williams Creek shareholders exposure to Barkerville's much larger land base that includes more advanced-stage gold targets with defined resources. The proposed business combination offers shareholders of the combined company the potential for enhanced value appreciation with exposure to a larger asset base in B.C.'s prolific historical Cariboo gold district;
• Premium consideration -- the arrangement consideration is expected to provide Williams Creek shareholders with a premium of approximately 77 per cent based on the closing price of the Barkerville shares on the TSX Venture Exchange and the Williams Creek shares on the TSX-V at the close of business on April 29, 2016 (the last trading day prior to the public announcement of the arrangement), and a premium of approximately 65 per cent based on the 20-day volume-weighted average price of the Barkerville shares on the TSX-V and the Williams Creek shares on the TSX-V at the close of business on April 29, 2016.

Williams Creek shareholders are encouraged to carefully review the meeting materials in detail, as they contain important information regarding the arrangement.

In light of the recent announcement of possible postal disruption in Canada, the physical delivery of the meeting materials to certain Williams Creek shareholders may be delayed. Accordingly, any Williams Creek shareholders who do not receive their meeting materials in a timely fashion are encouraged to access and review electronic copies of the meeting materials, which are filed under Williams Creek's profile on SEDAR.

Shareholders may also request a hard copy of the meeting materials by contacting Williams Creek's proxy solicitation agent, Laurel Hill Advisory Group, at 1-877-452-7184 or by e-mail, to arrange for delivery of the meeting materials by electronic mailing or courier at no charge to such Williams Creek shareholder.

The Williams Creek board recommends that shareholders vote for the arrangement.

How to vote

Registered shareholders

Williams Creek shareholders who hold Williams Creek shares under their own name may attend and vote at the meeting or vote by proxy using one of the following methods:

• Internet -- on the InvestorVote website;
• Telephone -- 1-866-732-VOTE (8683);
• Toll-free fax -- 1-866-249-7775;
• Mail -- Computershare Investor Services Inc., 100 University Ave., eighth floor, Toronto, Ont., M5J 2Y1 (not recommended due to possible postal disruption).

Beneficial shareholders

Williams Creek shareholders who hold Williams Creek shares through a broker, bank or other intermediary will have different voting instructions and should carefully follow the voting instructions provided to them. In most cases, beneficial Williams Creek shareholders will receive a voting instruction form as part of the meeting materials.

Beneficial Williams Creek shareholders who do not receive physical delivery of their voting instruction form and control number by mail due to postal disruption may contact Laurel Hill Advisory Group.

We seek Safe Harbor.