Marlin Gold Shareholders Approve Plan of Arrangement with Golden Reign Resources Ltd


October 31, 2018 – Vancouver, British Columbia – Marlin Gold Mining Ltd. (TSX-V: MLN) (“Marlin” or the “Company”) is pleased to announce that at the special meeting of shareholders of the Company held on October 30, 2018 (the “Meeting”), shareholders of Marlin voted in favour of a special resolution to approve the plan of arrangement and certain connected transactions, pursuant to which Golden Reign Resources Ltd. (“Golden Reign”) will acquire all of the issued and outstanding shares of Marlin (the “Marlin Shares”) in exchange for 0.5138 of a Golden Reign common share (each, a “Golden Reign Share”) for each Marlin Share by way of a court-approved plan of arrangement (the “Arrangement”). In addition, Marlin will distribute an aggregate of 18,148,654 Golden Reign Shares currently held by Marlin to shareholders of Marlin on the basis of 0.1022 of a Golden Reign Share for each Marlin Share, bringing the total of Golden Reign Share to be received by the shareholders of Marlin to 0.6160 of a Golden Reign Share for each Marlin Share held.

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