To: Goose94 who wrote (19553 ) 8/9/2016 6:49:37 PM From: Goose94 Read Replies (2) | Respond to of 202700 MX Gold (MXL-V) Aug 9, '16 announces that, further to its news release dated August 5, 2016, it is increasing the size of its private placement financing. The Company previously disclosed that it would issue up to 4,000,000 units at a price of $0.25 per Unit for gross proceeds of up to $1,000,000. The Company today announces that it has increased the number of Units to be issued, such that it may issue up to 5,200,000 Units for gross proceeds of up to $1,300,000 due to significant interest. The terms of the Units remain as announced on August 5, 2016. Closing of the financing remains subject to the approval of the TSX Venture Exchange. Proceeds of the financing are anticipated to be used towards advancing the Company’s WillaMax project and for general working capital. All securities issued in the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing. None of the securities issued in the financing will be registered under the United States Securities Act of 1933 , as amended (the “1933 Act ”), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.About MX Gold MX Gold Corp. is a junior mining company focused on the mining, exploration and development of advanced projects located in the Kootenay region of British Columbia. The Company’s primary focus is its high-grade Willa gold and copper project located 12 kilometers south of Silverton, B.C. In 2015, MX Gold Corp. completed the accretive acquisition of the Willa project and the Max Molybdenum Mine and Mill Complex. This acquisition removed major costs and shortened timelines typically associated with mine project development with planned ore shipment from Willa to the Max Mill. The Willa mine is located 135 kilometers south of the Max Mill. MX Gold Corp. can also elect to reopen the Max Molybdenum mining operation once world Moly process improve. On behalf of the Board of Directors,“Akash Patel” Vice President and Director, MX Gold Corp. For further information, please contactSkanderBeg Capital Advisors 604-687-7130 Ext 104 or Ext 105Dan Omeniuk, CEO Email: dano@trapperstransport.com Ron Birch Phone: 250-545-0383 Toll Free: 1-800-910-7711 Fax: 604-926-4232 Or by email to: info@mxgoldcorp.com