GOLDEN REIGN AND MARLIN GOLD ENTER INTO ARRANGEMENT AGREEMENT TO COMBINE BUSINESSES AND AMEND STREAM AGREEMENT WITH SAILFISH ROYALTY

GoldenReign_07082018

VANCOUVER, August 7, 2018 – Golden Reign Resources Ltd. (TSX-V: GRR) (“Golden Reign”), Marlin Gold Mining Ltd. (TSX-V: MLN) (“Marlin”) and Sailfish Royalty Corp. (TSX-V: FISH) (“Sailfish”) are pleased to announce that Golden Reign and Marlin have entered into a definitive agreement (the “Arrangement Agreement”), unanimously approved by each of the boards of directors of Golden Reign and Marlin, pursuant to which Golden Reign and Marlin propose to complete the previously announced business combination whereby Golden Reign will acquire all of the issued and outstanding shares of Marlin (following completion of the Marlin Reorganization (as defined below) and satisfaction of all closing conditions of the business combination) by way of plan of arrangement (the “Transaction”). As a condition to closing the Transaction (the “Closing”), Sailfish has agreed to restructure its existing gold stream on San Albino, as further discussed below.

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