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Continental Gold Comments on Market Activity

TORONTO, ON–(Marketwired – April 05, 2017) – Continental Gold Inc. (TSX: CNL) (OTCQX: CGOOF) (“Continental” or the “Company”) wishes to comment on the unusual market activity and volatility in the trading of the Company’s securities over the past number of days.

Although it is the Company’s policy to not comment on market rumours or activities, due to numerous shareholder enquiries, the Company confirms that management is unaware of any material changes in its business that would account for the recent market activity. The Buriticá project is proceeding on schedule with major earthworks expected to ensue in Q4 2017 and the Company has available liquidity of approximately US$100 million.