Vancouver, BC — August 18, 2016, Corex Gold Corp. (“Corex” or the “Company) proposes to extend the expiry dates of 7,750,000 outstanding share purchase warrants (the “Warrants”) that were issued pursuant to a private placement completed in September 2014. Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.15 per share for a period of 24 months from the date of issuance which expires on September 4, 2016. Subject to TSX Venture Exchange approval, the expiration of these Warrants will be extended to March 6, 2017. All other terms of the Warrants will remain the same. Under the policies of the Exchange 70,000 additional Warrants issued as finder fees are not eligible to be extended.