mexican gold announces non-brokered private placement

THUNDER BAY, Ontario, April 10, 2018 — MEXICAN GOLD CORP. (TSX-V:MEX) (OTCQB:MEXGF) (FRA:4QW1) (“Mexican Gold” or the “Company”) is pleased to announce that, further to its announcement on March 26, 2018, it has completed a
non-brokered private placement (the “Private Placement”) for gross proceeds of $1,046,950 at a price of $0.30 per unit (“Unit”). Each Unit consisted of one common share of the Company and one common share purchase warrant (“Warrant”).
Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.60 per common share for a period of thirty-six (36) months from the closing date of the Private Placement, whereupon the Warrants will expire.