MEXICAN GOLD CORP WITHDRAWS APPLICATION TO EXTEND WARRANTS

MexicanGold_nr-2019-02-20

MEXICAN GOLD CORP. (TSX-V: MEX; OTCQB:MEXGF; FRA:4QW1) (“Mexican
Gold”, “MEX” or “the Company”) announces that further to its press release of February 15,2019, it has withdrawn its application to the TSX Venture Exchange to extend the expiry date of outstanding warrants exercisable to purchase an aggregate of 8,423,068 common shares of Mexican Gold originally issued in connection with the non-brokered private placement (the “Private Placement”) of 12,333,333 units (the “Units”), with each Unit being comprised of one common share of the Company and one transferable common share purchase warrant. The Private Placement was first announced on February 13, 2017. Mexican Gold had requested that the TSX
Venture Exchange extend the expiry date of the warrants to September 3, 2019.

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