Subject: Ridgestone Mining Inc. Announces Proposed Option to Acquire 100% Interest in Rebeico Property
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<html><head><title>Ridgestone Mining Inc. Announces Proposed Option to Acquire 100% Interest in Rebeico Property</titl
--->e></head><body><div style="font-family:Arial,Helvetica;font-size:13px;font-weight:400;text-align:center;margin-top:10p
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--->l,Helvetica;font-weight:bold;font-size:32px;color:#0C2081;">Ridgestone Mining Inc. Announces Proposed Option to Acquir
--->e 100% Interest in Rebeico Property</h2></td> </tr></table></div><hr noshade style="color:#0C2081;background-color:#0
--->C2081;height:5px;" /><div style="font-family:Arial,Helvetica;font-size:13px;font-weight:400;"><h3 style="font-family:A
--->rial,Helvetica;font-weight:400;font-size:25px;font-style:italic;color:#8396c0;"></h3><p>Vancouver, British Columbia--(
--->Newsfile Corp. - April 9, 2018) - <b></b>Ridgestone Mining Inc. (TSXV: RMI) (the "<b>Company</b>" or "<b>Ridgestone</b
--->>"), further to its news release dated March 8, 2018, the Company is pleased to announce that it has entered into an o
--->ption agreement with YQ Gold de Mexico, S. de R.L. de C.V. ("<b>YQ Gold</b>"), with respect to a proposed option ("<b>
--->Option</b>") to acquire a 100% interest in what is known as the gold-copper Rebeico Property (the "<b>Option Transacti
--->on</b>"). The Rebeico Property is comprised of 6 mining concessions covering approximately 167 hectares in Sonora, Mex
--->ico. </p><p>The Option Transaction is subject to approval of the TSX Venture Exchange ("<b>Exchange Approval</b>"). </
--->p><p>The terms of the Option require Ridgestone to make an aggregate of US$500,000 in cash payments to YQ Gold over a
--->period of six months from receipt of Exchange Approval of which US$350,000 may be satisfied through the issuance of co
--->mmon shares of Ridgestone ("<b>Option Shares</b>") having an equivalent fair market value. In addition, the Company mu
--->st also incur exploration expenditures of US$1,000,000 within two years from Exchange Approval and pay 50% of the net
--->profits derived from commercial production from the Rebeico Property, to a maximum amount of US$1,450,000, to YQ Gold.
---> Upon exercise of the Option, a 2% net smelter returns royalty ("<b>NSR</b>") will be granted to certain shareholders
--->of YQ Gold. Ridgestone will have the right to repurchase one-half of the NSR, being 1%, for US$1,000,000.</p><p>Any Op
--->tion Shares issued to YQ Gold will be subject to a hold period of four months and one day. </p><p>For further informat
--->ion, please contact:</p><p>Erwin Wong<br />Chief Financial Officer and Corporate Secretary<br />Ridgestone Mining Inc.
---><br />Telephone: 604-377-8758</p><p><b>About the Company</b></p><p>Ridgestone Mining Inc. is engaged in the business o
--->f mineral exploration and holds an option to acquire a 100% interest in the Cimarron Gold Property located in Nye Coun
--->ty, Nevada, USA.</p><p><b><i>Neither TSX Venture Exchange nor its </i></b><b><i>R</i></b><b><i>egulation </i></b><b><i
--->>S</i></b><b><i>ervices </i></b><b><i>P</i></b><b><i>rovider (as that term is defined in the policies of the TSX Ventu
--->re Exchange) accepts responsibility for the adequacy or accuracy of this release</i></b><b><i>.</i></b><b><i></i></b><
--->/p><p><i>This news release contains forward-looking statements or information (collectively referred to herein as "for
--->ward-looking statements"). Such statements are subject to risks and uncertainties that may cause actual results, perfo
--->rmance or developments to differ materially from those contained in the statements and are not guarantees of future pe
--->rformance of the </i><i>Company</i><i>. </i><i>In this news release such statements include but are not limited to the
---> preparation of a definitive agreement and the requirement of TSX Venture Exchange approval therefor. </i><i>No assura
--->nce can be given that any of the events </i><i>anticipated by the forward-looking statements will occur or, if they do
---> occur, what benefits the </i><i>Company</i><i> will obtain from them. These forward-looking statements reflect manage
--->ment's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.
---> A number of risks and uncertainties could cause our actual results to differ materially from those expressed or impli
--->ed by </i><i>the forward-looking statements, </i><i>including those described in the </i><i>Company's Prospectus dated
---> February 9, 2018</i><i> available on </i><i><u><a href="http://www.sedar.com/" target="_blank">www.sedar.com</a></u><
--->/i><i>. Should one or more of these risks or uncertainties materialize, or should any of the </i><i>Company</i><i>'s a
--->ssumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking s
--->tatements. Readers are cautioned that the foregoing list of risks, uncertainties and other factors is not exhaustive.
--->Unpredictable or unknown factors</i><i> not discussed could also have material adverse effects on forward-looking stat
--->ements. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as s
--->uch factors are dependent o</i><i>n other factors, and the Company</i><i>'s course of action would depend on its asses
--->sment of the future considering all information then available. All forward-looking statements in this news release ar
--->e expressly qualified in their entirety by these cautionary statements. Except</i><i> as required by law, the Company<
--->/i><i> assumes no obligation to update forward-looking statements should circumstances or management's estimates or op
--->inions change.</i></p></div><div style="font-family:Arial,Helvetica;font-size:13px;font-weight:400;background:#EEEEEE"
--->><p> </p><p align="center"><a href="https://www.newsfilecorp.com/company/5790/">View more news from <i>Ridgestone
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--->sfile-wire-logo.jpg" alt="Newsfile Corp." style="max-width: 180px; height: auto; border: 0" border="0"></a></td><td wi
--->dth="25"> </td><td><h2 style="font-family:Arial,Helvetica;font-weight:bold;font-size:32px;color:#0C2081;">Ridgest
--->one Mining Inc. Announces Proposed Option to Acquire 100% Interest in Rebeico Property</h2></td> </tr></table></div><
--->hr noshade="" style="color:#0C2081;background-color:#0C2081;height:5px;"><div style="font-family:Arial,Helvetica;font-
--->size:13px;font-weight:400;"><h3 style="font-family:Arial,Helvetica;font-weight:400;font-size:25px;font-style:italic;co
--->lor:#8396c0;"></h3><p>Vancouver, British Columbia--(Newsfile Corp. - April 9, 2018) - <b></b>Ridgestone Mining Inc. (T
--->SXV: RMI) (the "<b>Company</b>" or "<b>Ridgestone</b>"), further to its news release dated March 8
--->, 2018, the Company is pleased to announce that it has entered into an option agreement with YQ Gold de Mexico, S. de
--->R.L. de C.V. ("<b>YQ Gold</b>"), with respect to a proposed option ("<b>Option</b>") to acquire a
--->100% interest in what is known as the gold-copper Rebeico Property (the "<b>Option Transaction</b>"). The Re
--->beico Property is comprised of 6 mining concessions covering approximately 167 hectares in Sonora, Mexico. </p><p>The
--->Option Transaction is subject to approval of the TSX Venture Exchange ("<b>Exchange Approval</b>"). </p><p>T
--->he terms of the Option require Ridgestone to make an aggregate of US$500,000 in cash payments to YQ Gold over a period
---> of six months from receipt of Exchange Approval of which US$350,000 may be satisfied through the issuance of common s
--->hares of Ridgestone ("<b>Option Shares</b>") having an equivalent fair market value. In addition, the Compan
--->y must also incur exploration expenditures of US$1,000,000 within two years from Exchange Approval and pay 50% of the
--->net profits derived from commercial production from the Rebeico Property, to a maximum amount of US$1,450,000, to YQ G
--->old. Upon exercise of the Option, a 2% net smelter returns royalty ("<b>NSR</b>") will be granted to certain
---> shareholders of YQ Gold. Ridgestone will have the right to repurchase one-half of the NSR, being 1%, for US$1,000,000
--->.</p><p>Any Option Shares issued to YQ Gold will be subject to a hold period of four months and one day. </p><p>For fu
--->rther information, please contact:</p><p>Erwin Wong<br>Chief Financial Officer and Corporate Secretary<br>Ridgestone M
--->ining Inc.<br>Telephone: 604-377-8758</p><p><b>About the Company</b></p><p>Ridgestone Mining Inc. is engaged in the bu
--->siness of mineral exploration and holds an option to acquire a 100% interest in the Cimarron Gold Property located in
--->Nye County, Nevada, USA.</p><p><b><i>Neither TSX Venture Exchange nor its </i></b><b><i>R</i></b><b><i>egulation </i><
--->/b><b><i>S</i></b><b><i>ervices </i></b><b><i>P</i></b><b><i>rovider (as that term is defined in the policies of the T
--->SX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release</i></b><b><i>.</i></b><b><i><
--->/i></b></p><p><i>This news release contains forward-looking statements or information (collectively referred to herein
---> as "forward-looking statements"). Such statements are subject to risks and uncertainties that may cause act
--->ual results, performance or developments to differ materially from those contained in the statements and are not guara
--->ntees of future performance of the </i><i>Company</i><i>. </i><i>In this news release such statements include but are
--->not limited to the preparation of a definitive agreement and the requirement of TSX Venture Exchange approval therefor
--->. </i><i>No assurance can be given that any of the events </i><i>anticipated by the forward-looking statements will oc
--->cur or, if they do occur, what benefits the </i><i>Company</i><i> will obtain from them. These forward-looking stateme
--->nts reflect management's current views and are based on certain expectations, estimates and assumptions which may prov
--->e to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those
--->expressed or implied by </i><i>the forward-looking statements, </i><i>including those described in the </i><i>Company'
--->s Prospectus dated February 9, 2018</i><i> available on </i><i><u><a href="https://mandrillapp.com/track/click/3056838
--->3/www.sedar.com?p=eyJzIjoiaVNuUjNzVVRwQkxJMUZVTFVJUVlOcUpRQngwIiwidiI6MSwicCI6IntcInVcIjozMDU2ODM4MyxcInZcIjoxLFwidXJs
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--->>. Should one or more of these risks or uncertainties materialize, or should any of the </i><i>Company</i><i>'s assump
--->tions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statem
--->ents. Readers are cautioned that the foregoing list of risks, uncertainties and other factors is not exhaustive. Unpre
--->dictable or unknown factors</i><i> not discussed could also have material adverse effects on forward-looking statement
--->s. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such f
--->actors are dependent o</i><i>n other factors, and the Company</i><i>'s course of action would depend on its assessment
---> of the future considering all information then available. All forward-looking statements in this news release are exp
--->ressly qualified in their entirety by these cautionary statements. Except</i><i> as required by law, the Company</i><i
--->> assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinion
--->s change.</i></p></div><div style="font-family:Arial,Helvetica;font-size:13px;font-weight:400;background:#EEEEEE"><p>&
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