Mr. Peter Gianulis reports

ALLEGIANT GOLD ANNOUNCES GORDON BOGDEN TO ADVISORY BOARD

Gordon Bogden has joined the advisory board of Allegiant Gold Ltd., effective immediately.

Mr. Bogden is the founder and chairman of Black Loon Group, a private mining investment and financial advisory company. He began his professional career as an engineer and geophysicist, moving on to CIBC World Markets as a mining investment banker, then to N.M. Rothschild Canada, Newcrest Capital Inc. and National Bank Financial, advising on over $20-billion of M&A (mergers and acquisitions) and capital market transactions. Mr. Bogden retired from investment banking in 2012, after the acquisition of Gryphon Partners, where he was a co-founder and managing partner, by Standard Chartered Bank. Mr. Bogden is a former director of several public mining companies, including: Royal Gold Inc.; Iamgold Corp.; International Royalty Corp. (acquired by Royal Gold Inc.); Volta Resources Inc. (acquired by B2Gold Corp.); Orvana Minerals Corp.; and Canplats Resources Corp. (acquired by Goldcorp Inc.). He is the current chairman of the board of the Canada Mining Innovation Council (CMIC). In 2013, he was awarded the Queen Elizabeth II Diamond Jubilee Medal for his work with Right To Play, where he continues as a member of the Canadian advisory board.

Mr. Bogden holds a BSc in applied science (geology) from Queen's University, is a professional engineer (Ontario) and earned his professional certification as a corporate director (ICDD) from the Institute of Corporate Directors in Toronto in 2007.

"We are excited to have an individual of the calibre of Gordon join our advisory board, with the intention of him joining our board of directors at our next AGM. I look forward to working very closely with Gordon and having him actively participating in the strategy and direction of Allegiant going forward," commented Peter Gianulis, chief executive officer of Allegiant.

The board has granted Mr. Bogden 200,000 restricted share units, in accordance with the company's RSU plan, which was approved by shareholders at the last annual general meeting of the company.

About Allegiant Gold Ltd.

Allegiant owns 100 per cent of 10 highly prospective gold projects in the United States, seven of which are located in the mining-friendly jurisdiction of Nevada. Three of Allegiant's projects are farmed out, providing for cost reductions and cash flow. Allegiant's flagship, district-scale Eastside project hosts a large and expanding gold resource and is located in an area of excellent infrastructure. Preliminary metallurgical testing indicates that both oxide gold mineralization and sulphide gold mineralization at Eastside are amenable to heap leaching.