Mr. Jonathan Awde of Gold Standard reports

GOLD STANDARD ANNOUNCES C$10,500,000 NON-BROKERED PRIVATE PLACEMENT

Gold Standard Ventures Corp. has arranged a non-brokered private placement of up to 5,121,950 common shares in the capital of the company at a price of $2.05 per share for gross proceeds of up to $10.5-million.

Goldcorp Inc. has confirmed it will acquire 2,926,829 shares in the private placement and will own approximately 35,325,291 shares of Gold Standard representing approximately 13.60 per cent of the company's issued and outstanding common shares on a non-diluted basis following closing of the private placement (assuming an aggregate of 5,121,950 shares are subscribed for under the private placement).

OceanaGold Corp. has confirmed it will acquire 975,609 shares in the private placement and will own approximately 40,459,161 shares of Gold Standard representing approximately 15.58 per cent of the company's issued and outstanding common shares on a non-diluted basis following closing of the private placement (assuming an aggregate of 5,121,950 shares are subscribed for under the private placement).

The company may also conduct a non-brokered private placement with certain other investors of up to 1,219,512 shares at the offering price for gross proceeds of up to $2.5-million.

The net proceeds of the private placement will be used for continued exploration and early-stage development at the company's 100-per-cent-owned Railroad-Pinion project and for working capital purposes.

Goldcorp and OceanaGold, insiders of the company, will acquire securities under the private placement. This participation is considered to be a related party transaction as defined under Multilateral Instrument 61-101 Protection of Minority Securityholders in Special Transactions. The private placement will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any shares issued to or the consideration paid by Goldcorp and OceanaGold will exceed 25 per cent of the company's market capitalization.

All shares issued in connection with the private placement will be subject to a four-month-and-one-day hold period under applicable securities laws.

Closing of the private placement is subject to the approval of the Toronto Stock Exchange and the NYSE American LLC. Closing is expected to occur on or about Sept. 5, 2018.

About Gold Standard Ventures Corp.

Gold Standard is an advanced stage gold exploration company focused on district-scale discoveries on its Railroad-Pinion gold project, located within the prolific Carlin trend. The 2014 Pinion and Dark Star gold deposit acquisitions offer Gold Standard a potential near-term development option and further consolidates the company's premier land package on the Carlin trend. The Pinion deposit has a mineral resource estimate prepared in accordance with NI 43-101 Standards of Disclosure for Mineral Projects consisting of an indicated mineral resource of 31.61 million tonnes grading 0.62 g/t Au, totalling 630,300 ounces of gold and an inferred mineral resource of 61.08 million tonnes grading 0.55 g/t Au, totalling 1,081,300 ounces of gold, using a cut-off grade of 0.14 g/t Au. The Dark Star deposit, 2.1 km to the east of Pinion, has a mineral resource estimate prepared in accordance with NI 43-101 consisting of an indicated mineral resource of 15.38 million tonnes grading 0.54 g/t Au, totalling 265,100 ounces of gold and an inferred mineral resource of 17.05 million tonnes grading 1.31 g/t Au, totalling 715,800 ounces of gold, using a cut-off grade of 0.2 g/t Au.

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