GOLDPLAY EXPLORATION RECEIVES APPROVAL ON THE SAN MARCIAL OPTION AGREEMENT WITH SSR MINING


May 7, 2018, Vancouver, BC - We are pleased to announce that the TSX Venture Exchange (“TSXV”) has approved the option agreement dated April 17, 2018 with SSR Mining Inc.

May 7, 2018, Vancouver, BC Goldplay Exploration Ltd. (TSXV: GPLY – the “Company” or “Goldplay”), is pleased to announce that the TSX Venture Exchange (“TSXV”) has approved the option agreement dated April 17, 2018 between the Company, its subsidiary and a subsidiary of SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining”) under which the Company, through its subsidiary, will acquire a 100% interest in the San Marcial Project (“San Marcial”) in Sinaloa State, Mexico.

As consideration to exercise the option agreement, the Company will, over a three-year option period, pay SSR Mining an aggregate of $2,575,000 in cash, issue to SSR Mining an aggregate of 3,500,000 common shares of the Company and incur an aggregate of $3,000,000 in exploration expenditures on San Marcial.

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