TORONTO, ONTARIO–(Marketwired – April 11, 2016) – Lexam VG Gold Inc. (the “Company”, “Lexam”) (TSX:LEX)(FRANKFURT:VN3A)(OTCQX:LEXVF), at the request of IIROC Market Surveillance and on behalf of the Toronto Stock Exchange, wishes to issue a statement that the Company is not aware of any undisclosed material change in its business that caused today’s upward movement in the Company’s share price.

About Lexam VG Gold

Lexam VG Gold explores for gold in the Timmins area of northern Ontario, Canada. The Company’s key property assets are Buffalo Ankerite, Fuller, Davidson Tisdale (100% Lexam) and Paymaster (61% Lexam/ 39% Goldcorp Canada Ltd.). Lexam VG Gold is primarily focused on acquiring and advancing gold projects in Canada.

To learn more about Lexam VG Gold (TSX:LEX), visit our website: www.lexamvggold.com.