MEXICAN GOLD CORP. (TSX-V: MEX; OTCQB: MEXGF; FRA: 4QW1) (“Mexican Gold” or the “Company”) announced today that pursuant to the Company’s stock option plan, and subject to the approval of the TSX Venture Exchange, the Company has granted 4,150,0000 stock options to Directors, Officers and Consultants of the Company at an exercise price of $0.105 per share, expiring July 17, 2024.