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These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.

Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.

The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.

As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum

All securities issued in connection with the FT Offering are subject to a statutory hold period of four months plus one day from their date of issuance in accordance with applicable securities legislation.The terms of the proposed private placement announced in the Company’s press release issued November 16, 2017 have been changed.The unit offering will now consist of up to 5,000,000 units at a price of

These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum

All securities issued in connection with the FT Offering are subject to a statutory hold period of four months plus one day from their date of issuance in accordance with applicable securities legislation.

The terms of the proposed private placement announced in the Company’s press release issued November 16, 2017 have been changed.

The unit offering will now consist of up to 5,000,000 units at a price of [[

These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum $0.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

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These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.

Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.

The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.

As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum $0.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).

]].25 per unit for gross proceeds of up to

These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum $0.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

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These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.

Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.

The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.

As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum $0.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).

,250,000.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project located near Hope, BC in the prospective and underexplored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin, Emancipation and Pipestem Mines, and numerous gold prospects.

For additional information, please visit the Company’s website at Securities Act and applicable state securities laws or an exemption from such registration is available.

.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

.25 per unit for gross proceeds of up to

These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum $0.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

||

These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.

Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms Vancouver, BC December 18, 2017.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release. V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.

The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.

As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum $0.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).

,250,000.New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project located near Hope, BC in the prospective and underexplored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin, Emancipation and Pipestem Mines, and numerous gold prospects.For additional information, please visit the Company’s website at Securities Act and applicable state securities laws or an exemption from such registration is available.

.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).

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All securities issued in connection with the FT Offering are subject to a statutory hold period of four months plus one day from their date of issuance in accordance with applicable securities legislation.

The terms of the proposed private placement announced in the Company’s press release issued November 16, 2017 have been changed.

The unit offering will now consist of up to 5,000,000 units at a price of $0.25 per unit for gross proceeds of up to $1,250,000.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project located near Hope, BC in the prospective and underexplored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin, Emancipation and Pipestem Mines, and numerous gold prospects.

For additional information, please visit the Company’s website at Securities Act and applicable state securities laws or an exemption from such registration is available.

||

All securities issued in connection with the FT Offering are subject to a statutory hold period of four months plus one day from their date of issuance in accordance with applicable securities legislation.The terms of the proposed private placement announced in the Company’s press release issued November 16, 2017 have been changed.The unit offering will now consist of up to 5,000,000 units at a price of $0.25 per unit for gross proceeds of up to $1,250,000.New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project located near Hope, BC in the prospective and underexplored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin, Emancipation and Pipestem Mines, and numerous gold prospects.For additional information, please visit the Company’s website at Securities Act and applicable state securities laws or an exemption from such registration is available.

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