On May 4, 2018, Highway 50 Gold Corp. (“Highway 50” or the “Company”) closed a non-brokered private placement, raising gross proceeds of $300,000 by the issuance of 1,200,000 units at a purchase price of $0.25 per unit.  Each unit consists of one common share of the Company issued on a flow-through basis under the Income Tax Act (Canada) and one-half of one non-flow-through common share purchase warrant.  Each whole warrant entitles the holder to purchase one non-flow-through common share of Highway 50 at a purchase price of $0.30 per share for 12 months from the date of issuance.  On the same date, Highway 50 closed a second non-brokered private placement, raising gross proceeds of $350,000 by the issuance of 1,750,000 units at a purchase price of $0.20 per unit. Each unit consists of one non-flow-through common share of the Company and one non-flow-through common share purchase warrant.  Each warrant entitles the holder to purchase one non-flow-through common share of Highway 50 at a purchase price of $0.25 per share for 24 months from the date of issuance.

Highway 50 is a mineral exploration stage company led by a team of experienced explorers and deal-makers. The Company is executing an exploration plan refined over 25 years of experience in Nevada and the Aldridge Formation of southeastern British Columbia.  Highway 50 trades under the symbol “HWY” on the TSX Venture Exchange.