Apr 20, 2016 
THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, BC – April 20, 2016, Ethos Gold Corp. (“Ethos” or the “Company”) (TSX-V: ECC) is pleased to announce that Craig Roberts, P.Eng. has agreed to join the Board of Directors of the Company and to accept an appointment as Vice President of Corporate Development. Mr. Roberts’ appointment will be made effective upon the closing of the proposed financing as outlined below. Mr. Roberts is a mining engineer with over 30 years of operations, consulting, and investment banking experience. This includes work on feasibility studies for numerous mining projects worldwide, investment banking/due diligence roles in over 200 institutional mining equity financings, and significant experience advising management and boards on both friendly and hostile transactions. Mr. Roberts’ appointment is subject to TSX Venture Exchange acceptance.

The Company is also pleased to announce that John Robins has joined the Company as an Advisor. Mr. Robins is a professional geologist with over 30 years’ experience in the mining industry. His career has focused on mineral exploration and project development. In 2008 he received the Spud Huestis award for having made “a significant contribution to enhance the mineral resources of British Columbia and the Yukon”. Mr. Robins is the cofounder of Hunter Exploration, Stornaway Diamond Corporation, Kivalliq Energy Corporation, North Country Gold Corp. and Kaminak Gold Corporation. Mr. Robins was also involved in the successful sale/merger of several pubic companies including Grayd Resources Corporation (Agnico Eagle), Troon Resources (Grenville Strategic Royalty), Arauco Minerals (Kinross), Creston Moly Corporation (Mercator) and Northair Silver (Kootenay Silver). Mr Robins is currently the Executive Chairman of Kaminak Gold Corporation and also a director of Kivalliq Energy Corporation, Northern Empire Resources Corp. and West Melville Minerals Inc.

Gary Freeman, President and CEO, stated, “Mr. Roberts’ and Mr. Robins’ broad range of experience in acquiring, financing and developing resource projects will greatly assist in accelerating the Company’s efforts to create long term shareholder value by reviewing and securing a high quality mineral asset.”

The Company also announces that it proposes to undertake a non-brokered private placement of up to 3,847,058 units (“Units”) at a price of $0.17 per unit for gross proceeds of up to $654,000. Each Unit will consist of one common share and one share purchase warrant exercisable for a term of two (2) years (the “Warrants”). Each Warrant will entitle the holder thereof to purchase one additional common share of Ethos at an exercise price of $0.30 per common share during the term of the Warrants.

The private placement is being undertaken primarily to incentivize new and incoming directors and management to generate long-term success for the Company, as well as to fund due diligence and consultant costs associated with an accelerated plan of mineral project assessment and acquisition.

All securities issued in connection with the private placement will be subject to a hold period expiring four months and one day following the closing date. Closing of the private placement is subject to the receipt of all necessary regulatory approvals including that of the TSX Venture Exchange.

No finders fees are payable in respect of the private placement.

For additional information please contact Gary Freeman at 604-682-4750.

Ethos Gold Corp.

Per: “Gary Freeman”
Gary Freeman, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Cautions:
This press release may contain certain "forward-looking statements" within the meaning of Canadian securities legislation, including statements regarding the Company’s planned 2019 exploration program for its Pine Pass project. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other governmental clearances, necessary to carry out the Company's exploration plans, and the risk of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects