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File: SKP_NR170323.docx

STRIKEPOINT GOLD INC. ANNOUNCES $3 MILLION PRIVATE PLACEMENT 
March 23, 2017, Vancouver, BC -StrikePoint Gold Inc. (TSX.V:SKP) ("StrikePoint" or the Company) is pleased to announce
---> that is has arranged a $3,000,000 non-brokered private placement consisting of 6,779,664 Flow-Through Shares (the "FT
---> Shares") at an issuance price of $0.295 per FT Share for total proceeds of $2,000,000 and 3,389,000 Non-Flow Through 
--->Units (the "NFT Units") at a price of $0.295 per NFT Unit for total proceed of $1,000,000.  Each NFT Unit will consist
---> of one non-flow through common share and one non-flow through share purchase warrant with each warrant being exercisa
--->ble at a price of $0.50 for a period of two years from closing.
The Company further announces that concurrent with this announcement, it has closed on the 6,779,664 FT Shares for tot
--->al proceeds of $2,000,000.  The FT Shares will be subject to a hold period expiring on July 24, 2017.  Finder's fees o
--->f $140,000 cash and 474,576 finder's warrants will be paid to Medalist Capital Ltd. in connection with this closing.  
--->The finder's warrants will have an exercise term of two years from issuance with an exercise price of $0.295 and be su
--->bject to a holder period expiring on July 24, 2017.
It is anticipated that a 7% finder's fee, payable in cash and warrants will be paid in connection with the balance of 
--->the financing.
The proceeds from the issuance of the FT Shares will be used to incur Canadian exploration expenses on the Company's g
--->old projects located in the Yukon Territory, and the proceeds from the NFT Units will be used by the Company for gener
--->al working capital.
It is anticipated that the closing of the $1,000,000 NFT Units will be on or before March 31, 2017.

The private placement is subject to approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.
Shawn Khunkhun CEO and Director
For more information, contact:
Shawn Khunkhun
604-602-1440
sk@strikepointgold.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.