Mr. Steve Hanson reports

BROADWAY ANNOUNCES NEW PRESIDENT AND CEO

Broadway Gold Mining Ltd. has appointed Thomas A. Smeenk, BA, as president and chief executive officer of the company, effective May 1, 2018. Duane Parnham will continue to serve as a director of the company, providing strategic guidance and oversight.

Mr. Smeenk is a project finance, mineral exploration and business development executive with a proven record of bringing new discoveries to market. He has been investing in the mining industry since 1996, serving as president and CEO of Tyranex Gold Inc. and as president and CEO of IBI Corp. During his tenure at Tyranex, Mr. Smeenk successfully financed and completed three exploration programs at the Tyranite mine. At IBI, his accomplishments included financing the discovery of a world-class vermiculite mine in Uganda, which was subsequently sold to Rio Tinto.

Additionally, Mr. Smeenk's background includes extensive experience in financing and business development as vice-president and president of e-Manufacturing Networks Inc. He also spent five years as president and director of TheraVitae Inc., a private stem cell therapy company where he successfully completed multiple financings, and took Astrix Networks Inc. (now Memex Inc.) public as its vice-president, business development.

"On behalf of the board of directors, I am pleased to welcome Thomas to the Broadway team. His experience in the mining industry, finance and business development will be instrumental in moving the company forward at a key time in our development. With the recent porphyry discovery at the Madison project, Broadway is well positioned to pursue mineral resources, additional capital and potential partnerships under Thomas's guidance," said Steve Hanson, chairman of Broadway Gold Mining. "We would also like to thank Duane for his contributions to date and look forward to his continued support and guidance as a key member of our board."

Broadway's board of directors has granted Mr. Smeenk options to acquire 300,000 common shares for a period of five years at the closing price of May 2, 2018 (19.5 cents). These options vest on the date that is the earlier of Aug. 1, 2018, and the date that the company completes a financing of $1.5-million. Upon the close of a financing of $1.5-million, the board of directors has also granted Mr. Smeenk options to acquire an additional 500,000 shares for a period of 10 years at the closing price of the company's common shares one day before the announcement of the completion of the financing. These options will vest according to a schedule determined by the board of directors at the time of such additional grant.

About Broadway Gold Mining Ltd.

Broadway Gold Mining is a resource company focused on development-stage projects with advanced exploration potential. The company owns a 100-per-cent interest in the Madison copper-gold project, located in the Butte-Anaconda mining region of Montana, United States. The Madison project is permitted for exploration and contains a past-producing underground mine that Broadway has refurbished.

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