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Message: King's Bay Gold Corporation Announces Cancellation of

Proposed Private Placement

2016-08-16 08:11:00 PM ET (Filing Services Canada)

Kings Bay Gold Corporation Announces Cancellation of Proposed Private Placement

Vancouver, British Columbia (FSCwire) - Kings Bay Gold Corporation (TSXv: KBG) (Kings Bay or the Company) announces that the Company will not proceed with the proposed non-brokered private placement that was announced on June 9, 2016.

ON BEHALF OF THE BOARD OF DIRECTORS Kings Bay Gold Corporation

Dusan Berka

Dusan Berka

Director, President

Tel: (604) 681-1568

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

To view this press release as a PDF file, click onto the following link:

http://www.fscwire.com/sites/default/files/news_release_pdf/kingsbay08162015.pdf

Source: Kings Bay Gold Corporation (TSX Venture:KBG) http://www.kingsbaygold.com/

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