News Release

January 9, 2017

Vancouver, BC – January 9, 2017: Black Dragon Gold Corp. (TSX-V:BDG) ('Black Dragon' or the 'Company') announces that, further to its news releases dated October 26, 2016, and December 7, 2016, the Company advises that it has sought the approval of the TSX Venture Exchange for an additional one month extension in which the Company must file final materials in connection with the private placement.

Signed "Brian Wesson"
President and Chief Executive Officer
on behalf of the Board of Directors

Clyde Wesson

Vice President
Suite 545, 999 Canada Place
Vancouver, B.C., V6C 3E1
Tel: (604) 684-6264

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 accuracy of this release.

BDG: TSX-V $0.04
CDC: FWB €0.02
Gold: $1282.12
BDG: TSX-V $0.04
CDC: FWB €0.02
Gold: $1282.12