Vangold Mining Responds to IIROC Request on Recent Trading Activity

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2018) - Vangold Mining Corp. (TSXV: VAN) (OTC Pink: VGLDF) ("Vangold" or the "Company") wishes to address the recent share trading activity at the request of IIROC on behalf of the TSX-Venture Exchange.

The Company has no material facts to report and recently disclosed its 2017 fourth quarter and year-end financial results, as well as its MD&A, both released on April 30, 2018.

ON BEHALF OF THE BOARD OF DIRECTORS

"Cameron S. King"
President, CEO and Director

For further information contact:
T: 1-778-945-2940
E: cking@vangoldmining.com
Further information is available on Vangold's web site at: www.vangoldmining.com.

Cautionary Statement Regarding Forward Looking Information

This News Release may contain, in addition to historical information, forward-looking statements. These forward-looking statements are identified by their use of terms and phases such as "believe," "expect," "plan," "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Vangold's expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following, limited operating history, proposed exploration and/or drill programs and other factors which may cause the actual results, performance or achievements of Vangold to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.