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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (40269)	3/6/2018 4:53:22 PM
From: Goose94	Read Replies (1) \| Respond to of 202373

Goldplay Exploration (GPLY-V) has signed a strategic financing agreement with Sandstorm Gold (SSL-T) Mar 6, '18 - NR $900,000 Private Placement Pursuant to a non-brokered private placement, Sandstorm will purchase 3,000,000 Goldplay common shares at a price of $0.30 per share ("Private Placement"), on terms identical to Goldplay's recently closed and oversubscribed CAN$2.25 million equity financing (see press release dated February 22, 2018). The proceeds received from this Private Placement will be used for the exploration and development of Goldplay's strategic exploration portfolio in the Rosario Mining District and for general working capital. The Private Placement is subject to certain conditions including, but not limited to, the approval of the TSX Venture Exchange. On closing, shares issued in the Private Placement will represent 8.8% of Goldplay's outstanding shares. 1% Royalty/Option Agreements Goldplay and Sandstorm have also entered into an option agreement and royalty agreement for total purchase proceeds of up to US$2,000,000 + CAN$100,000. Pursuant to these agreements, Sandstorm has paid Goldplay CAN$100,000 for the option to purchase a 1% net smelter return (NSR) royalty on Goldplay's El Habal Project and for a 1% royalty on 4 concessions adjacent to the El Habal Project (the "Nearby Concessions"). All of these properties are located in the Rosario Mining District, Sinaloa, Mexico. Under the terms of the option agreement, Sandstorm can elect to exercise its option and to purchase up to a total 1% NSR royalty on the El Habal Project by paying Goldplay US$1,000,000 per 0.5% NSR, for a total option exercise price of US$2,000,000 for a 1% NSR. Management believes Sandstorm's investment is a significant milestone for Goldplay, further validating the Company's exploration strategy in the Rosario Mining District, Sinaloa, Mexico. Together with Goldplay's recently closed and oversubscribed equity financing, the Company is well financed to advance its exploration program at the El Habal Project and Nearby Concessions in the highly prospective Rosario Mining District and to continue to seek opportunities to enhance the Company's property portfolio. Marcio Fonseca, Goldplay's Chief Executive Officer, commented: "We are very pleased to conclude this strategic financing agreement and royalty/option arrangement with Sandstorm. Proceeds from Sandstorm's strategic investment will further enable Goldplay to advance exploration on its projects and realize value for our shareholders." About Goldplay Exploration Ltd. Goldplay Exploration Ltd. (GPLY-V) is an exploration-stage company with strategic exploration portfolio in the Rosario Mining District-Sinaloa, Mexico. Goldplay is currently focused on advancing exploration activities including drilling for its 100%-owned El Habal Project). Goldplay's flagship El Habal Project is a low sulphidation epithermal exploration stage project. The Project is located in the vicinity of the historical Au-Ag Rosario Mine ("Rosario Mine"). The Rosario Mine reportedly operated for 250 years. Goldplay's team has over 30 years' experience with senior roles in exploration, financing and development in the mining industry, including over 10 years of extensive exploration experience in the Rosario Mining District, leading to previous successful discoveries. ON BEHALF OF THE BOARD OF DIRECTORS : Mr. Marcio Bastos Fonseca Telephone: 1.416.499.0747 Email: marcio@goldplayexploration.com goldplayexploration.com Company Presentation Mar '18 goldplayexploration.com