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File: pr041816.docx

 Bandera
 Gold Ltd.

 
BANDERA GOLD TERMINATES LITIGATION ON MEXICAN PROPERTIES
Edmonton, AB, April 18, 2016-Bandera Gold Ltd. (TSXV:BGL)("Bandera") announced today that it has terminated the litiga
--->tion on its Cinco Minas and Gran Cabrera mining properties located in Mexico.  Bandera has diligently defended its rig
--->hts to enforce the original option agreement signed by the parties, only to be obstructed at every turn by procedural 
--->maneuvers common in the justice system in Mexico.  The Board of Bandera has assessed the uncertainty of any potential 
--->resolution, timing, and cost of continuing the court cases, combined with general poor financial conditions in the min
--->ing sector affecting the market value of the properties.  
After assessing these factors the Board has determined Bandera's resources are better focused towards identifying and 
--->evaluating mineral properties of merit for acquisition, exploration and development.   

On Behalf of the Board,

Peter Gommerud
CEO 

For further information please contact:  
Peter Gommerud, CEO (780) 465-4129
Info@BanderaGold.com
www.banderagold.com


Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the T
--->SX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 
Notice Regarding Forward-Looking Statements 

This news release contains "forward-looking statements," Statements in this press release which are not purely histori
--->cal are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions reg
--->arding the future, including but not limited to, statements regarding Bandera's mineral property acquisitions.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such facto
--->rs include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated w
--->ith obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make devel
--->opment uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obl
--->igation to update the forward-looking statements, or to update the reasons why actual results could differ from those 
--->projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions 
--->contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or in
--->tentions will prove to be accurate.