Intact Gold 1.25-million-share private placement

 May 25, 2016

Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 20, 2016.

Number of shares: 1.25 million flow-through shares

Purchase price: 16 cents per share

Warrants: 625,000 share purchase warrants to purchase 625,000 shares

Warrant exercise price: 20 cents for a two-year period

Number of placees: one placee

Finder’s fee: $18,000 payable to Secutor Capital Management Corp.

The company issued a news release on May 24, 2016, confirming closing of the private placement. Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.