Phoenix Gold Resources Corp.

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Canada & British Columbia Vancouver

210 - 905 West Pender Street West

+1 416 227-3402

www.phoenixgoldresources.com

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Company Press Releases

Phoenix Provides Update on the RTO by Blue Creek Forest Products Ltd.and Spin-out of Mineral Exploration Company

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2018) - Phoenix Gold Resources Corp. (TSXV: PXA) (the "Company"), a company listed on the TSX Venture Exchange (the "Exchange") (symbol: PXA), wishes to announce that its letter agreement (the "Letter Agreement") with Blue Creek Forest Products Ltd. ("Blue Creek"), which contemplates a transaction that will result in a reverse takeover and change of business of the Company by Blue Creek (the "Transaction"), has been amended to reflect the extended closing of the Transaction, to June 29, 2018. As part of the Transaction, the Com...

Phoenix announces Annual General and Special Meeting Date and Update on the business combination with Blue Creek Forest Products Ltd.

Vancouver, British Columbia--(Newsfile Corp. - September 20, 2017) - Phoenix Gold Resources Corp. (TSXV: PXA) (the "Company"), a company listed on the TSX Venture Exchange (the "Exchange") (symbol: PXA), is pleased to announce that it has scheduled its annual general and special meeting of shareholders on December 7, 2017 for shareholder consideration of annual business and approval of the Company's proposed transaction with Blue Creek Forest Products Ltd. Further to the Company's press release on June 1, 2017, the Company has also agreed to extend the deadline for closing its transaction (the...

Phoenix Announces Extension of Deadline for Closing with Blue Creek Forest Products Ltd.

Toronto, Ontario--(Newsfile Corp. - August 22, 2016) - Phoenix Gold Resources Corp. (TSXV: PXA) (the "Company"), a company listed on the TSX Venture Exchange (the "Exchange") (symbol: PXA), wishes to announce that further to its announcement on December 8, 2015, the Company has agreed to extend the deadline for closing its transaction (the "Transaction") with Blue Creek Forest Products Ltd. ("Blue Creek") and its major shareholder, Four Rivers Resources Inc. ("FRRI").The Company initially agreed to extend the deadline for closing to August 30, 2016 but has now agreed to extend closing to Octob...

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